Q1 2025 Fleet Employment (As of March 24, 2025)
VESSEL BUILT DWT |
SISTER SHIPS* | GROSS RATE (USD PER DAY) | COM** | CHARTERERS | DELIVERY DATE TO CHARTERERS*** | REDELIVERY DATE TO OWNERS**** | NOTES | ||
9 Ultramax Bulk Carriers | |||||||||
1 |
DSI Phoenix 2017 60,456 |
A | 16,500 | 5.00% | Bulk Trading SA | 6/May/2024 | 1/Aug/2025 - 30/Sep/2025 | ||
2 |
DSI Pollux 2015 60,446 |
A | 14,000 | 4.75% | Cargill Ocean Transportation (Singapore) Pte. Ltd. | 28/Dec/2023 | 20/Aug/2025 - 20/Oct/2025 | ||
3 |
DSI Pyxis 2018 60,362 |
A | 13,100 | 5.00% | Stone Shipping Ltd | 8/Nov/2024 | 20/Feb/2026 - 20/Apr/2026 | ||
4 |
DSI Polaris 2018 60,404 |
A | 15,400 | 5.00% | Stone Shipping Ltd | 20/Jul/2024 | 1/Jun/2025 - 15/Aug/2025 | ||
5 |
DSI Pegasus 2015 60,508 |
A | 15,250 | 4.75% | Cargill Ocean Transportation (Singapore) Pte. Ltd | 5/Sep/2024 | 1/Jun/2025 - 1/Aug/2025 | ||
6 |
DSI Aquarius 2016 60,309 |
B |
13,300 | 5.00% | Bunge SA, Geneva | 6/Dec/2024 | 6/Oct/2025 - 21/Dec/2025 | ||
7 |
DSI Aquila 2015 60,309 |
B |
12,500 12,250 |
5.00% 5.00% |
Western Bulk Carriers AS |
11/Nov/2023 21/Jan/2025 |
21/Jan/2025 23/Jun/2025 - 8/Aug/2025 |
1 |
|
8 |
DSI Altair 2016 60,309 |
B | 15,750 | 5.00% | Propel Shipping Pte. Ltd. | 28/Sep/2024 | 1/Nov/2025 - 31/Dec/2025 | ||
9 |
DSI Andromeda 2016 60,309 |
B |
13,500 14,000 |
5.00% 4.75% |
Bunge SA, Geneva Cargill Ocean Transportation (Singapore) Pte. Ltd |
27/Nov/2023 29/Mar/2025 |
29/Mar/2025 15/Nov/2025-15/Jan/2026 |
2, 3 4 |
|
6 Panamax Bulk Carriers | |||||||||
10 |
LETO 2010 81,297 |
16,000 12,750 |
5.00% 4.75% |
ASL Bulk Shipping Limited Cargill International SA, Geneva |
3/May/2024 31/Mar/2025 |
9/Mar/2025 16/Jul/2026 - 16/Sep/2026 |
5 4 |
||
11 |
SELINA 2010 75,700 |
C | 10,500 | 5.00% | Raffles Shipping International Pte. Ltd. | 17/Oct/2024 | 10/Apr/2025 | 6 | |
12 |
MAERA 2013 75,403 |
C | 8,400 | 5.00% | China Resource Chartering Limited | 15/Dec/2024 | 20/Sep/2025-20/Nov/2025 | ||
13 |
ISMENE 2013 77,901 |
12,650 | 5.00% | Paralos Shipping Pte., Ltd. | 13/Sep/2023 | 15/Apr/2025 - 30/Jun/2025 | |||
14 |
CRYSTALIA 2014 77,525 |
D | 13,900 | 5.00% | Louis Dreyfus Company Freight Asia Pte. Ltd. | 4/May/2024 | 4/Feb/2026 - 4/Jun/2026 | ||
15 |
ATALANDI 2014 77,529 |
D | 14,600 | 4.75% | Cargill International SA, Geneva | 20/Jul/2024 | 1/Jun/2025 - 31/Jul/2025 | ||
6 Kamsarmax Bulk Carriers | |||||||||
16 |
MAIA 2009 82,193 |
E | 11,600 | 5.00% | Paralos Shipping Pte. Ltd. | 9/Dec/2024 | 1/Nov/2025 - 31/Dec/2025 | ||
17 |
MYRSINI 2010 82,117 |
E |
17,100 13,000 |
5.00% 4.75% |
Cobelfret S.A. Luxembourg Cargill International SA, Geneva |
25/Jun/2024 26/Feb/2025 |
9/Feb/2025 1/Jan/2026 - 28/Feb/2026 |
7 | |
18 |
MEDUSA 2010 82,194 |
E |
14,250 13,000 |
5.00% 4.75% |
ASL Bulk Shipping Limited Cargill International SA, Geneva |
14/May/2023 16/Mar/2025 |
21/Feb/2025 15/May/2026 - 15/Jul/2026 |
8 | |
19 |
MYRTO 2013 82,131 |
E | 12,000 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 23/Dec/2024 | 1/Mar/2026 - 15/May/2026 | ||
20 |
ASTARTE 2013 81,513 |
14,000 | 5.00% | Paralos Shipping Pte. Ltd. | 19/Aug/2024 | 15/Jul/2025 - 15/Sep/2025 | |||
21 |
LEONIDAS P. C. 2011 82,165 |
17,000 | 5.00% | Ming Wah International Shipping Company Limited | 22/Feb/2024 | 20/Aug/2025 - 20/Oct/2025 | |||
5 Post-Panamax Bulk Carriers | |||||||||
22 |
ALCMENE 2010 93,193 |
6,000 2,000 |
5.00% 5.00% |
Lestari Shipping Pte Ltd Pan Ocean Co., Ltd. |
28/Dec/2024 16/Jan/2025 |
16/Jan/2025 8/Mar/2025 |
9 |
||
23 |
AMPHITRITE 2012 98,697 |
F |
15,000 12,100 |
5.00% 5.00% |
Cobelfret S.A., Luxembourg |
13/Jan/2024 8/Jan/2025 |
8/Jan/2025 1/Jan/2026 - 15/Mar/2026 |
10 11 |
|
24 |
POLYMNIA 2012 98,704 |
F | 17,500 | 5.00% | Reachy Shipping (SGP) Pte. Ltd. | 8 /Jun/2024 | 1/Aug/2025 - 30/Sept/2025 | ||
25 |
ELECTRA 2013 87,150 |
G | 14,000 | 4.75% | Aquavita International S.A. | 3/Jun/2024 | 15/Oct/2025 - 31/Dec/2025 | ||
26 |
PHAIDRA 2013 87,146 |
G | 12,000 | 4.75% | Aquavita International S.A. | 12/Oct/2024 | 1/May/2025 - 15/Jul/2025 | ||
8 Capesize Bulk Carriers | |||||||||
27 |
SEMIRIO 2007 174,261 |
H |
14,150 16,650 |
5.00% 5.00% |
Solebay Shipping Cape Company Limited, Hong Kong |
18/Aug/2023 11/Feb/2025 |
11/Feb/2025 15/Feb/2026 - 15/Apr/2026 |
||
28 |
NEW YORK 2010 177,773 |
H |
16,000 17,600 |
5.00% 5.00% |
STX Green Logis Ltd SwissMarine Pte. Ltd., Singapore |
30/Nov/2024 11/Jan/2025 |
11/Jan/2025 15/Jan/2026 - 30/Mar/2026 |
12, 13 |
|
29 |
SEATTLE 2011 179,362 |
I | 17,500 | 5.00% | Solebay Shipping Cape Company Limited, Hong Kong | 1/Oct/2023 | 15/Jul/2025 - 30/Sep/2025 | ||
30 |
P. S. PALIOS 2013 179,134 |
I | 27,150 | 5.00% | Bohai Shipping (HEBEI) Co., Ltd | 7/May/2024 | 1/Nov/2025 - 31/Dec/2025 | ||
31 |
G. P. ZAFIRAKIS 2014 179,492 |
J | 26,800 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 16/Sep/2024 | 16/Aug/2026 - 16/Nov/2026 | ||
32 |
SANTA BARBARA 2015 179,426 |
J | 22,000 | 5.00% | Mitsui O.S.K. Lines, Ltd. | 27/Dec/2024 | 20/Oct/2025 - 20/Dec/2025 | 14 | |
33 |
NEW ORLEANS 2015 180,960 |
20,000 | 5.00% | Kawasaki Kisen Kaisha, Ltd. | 7/Dec/2023 | 15/Aug/2025 - 31/Oct/2025 | 14 | ||
34 |
FLORIDA 2022 182,063 |
25,900 | 5.00% | Bunge S.A., Geneva | 29/Mar/2022 | 29/Jan/2027 - 29/May/2027 | 2 | ||
4 Newcastlemax Bulk Carriers | |||||||||
35 |
LOS ANGELES 2012 206,104 |
K | 28,700 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 20/Jul/2024 | 1/Oct/2025 - 15/Dec/2025 | ||
36 |
PHILADELPHIA 2012 206,040 |
K | 22,500 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 4/Feb/2024 | 20/Apr/2025 - 20/Jul/2025 | ||
37 |
SAN FRANCISCO 2017 208,006 |
L |
22,000 26,000 |
5.00% 5.00% |
SwissMarine Pte. Ltd., Singapore |
18/Feb/2023 1/Mar/2025 |
1/Mar/2025 25/Oct/2026 - 25/Dec/2026 |
||
38 |
NEWPORT NEWS 2017 208,021 |
L |
20,000 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 20/Sep/2023 | 01/Apr/2025 - 10/Jun/2025 | 6 |
* Each dry bulk carrier is a “sister ship”, or closely similar, to other dry bulk carriers that have the same letter.
** Total commission percentage paid to third parties.
*** In case of newly acquired vessel with time charter attached, this date refers to the expected/actual date of delivery of the vessel to the Company.
**** Range of redelivery dates, with the actual date of redelivery being at the Charterers’ option, but subject to the terms, conditions, and exceptions of the particular charterparty.
1Charterers will compensate the Owners at a rate of 115% of the average Baltic Tess 58 Supramax Index as published by the Baltic Exchange on a daily basis or double the vessel’s present charter party rate, whichever is higher, for the excess period commencing from January 10, 2025 until the actual redelivery date.
2Bareboat chartered-in for a period of ten years.
3Estimated redelivery date from the Charterers.
4Estimated delivery date to the Charterers.
5Currently without an active charterparty. Vessel on scheduled drydocking.
6Based on latest information.
7Vessel on scheduled drydocking from February 9, 2025 until February 26, 2025.
8Vessel on scheduled drydocking from February 21, 2025 until March 16, 2025.
9Vessel has been sold and it is delivered to her new Owners on March 13, 2025.
10The charter rate was US$12,250 per day for the first thirty (30) days of the charter period.
11The charter rate will be US$8,750 per day for the first fifty (50) days of the charter period.
12The charter rate will be US$6,300 per day for the first trip of the charter period.
13Vessel currently off hire for drydocking.
14Bareboat chartered-in for a period of eight years.
For those vessels employed in the spot market and where rates are quoted the Company has calculated the estimated rates under current specific contracted voyages. The Company gives no guarantee that these rates are correct or that the rates are sustainable beyond the duration of the current voyage. The quoted rates are not indications of future earnings and the Company gives no assurance or guarantee of future rates after the current voyage.