Q1 2025 Fleet Employment (As of February 21, 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 |
14,250 13,100 |
5.00% 5.00% |
ASL Bulk Marine Limited Stone Shipping Ltd |
24/Sep/2023 8/Nov/2024 |
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 |
14,500 13,300 |
5.00% 5.00% |
Stone Shipping Ltd Bunge SA, Geneva |
18/Jan/2024 6/Dec/2024 |
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 23/Jan/2025 |
23/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 | 5.00% | Bunge SA, Geneva | 27/Nov/2023 | 28/Feb/2025 - 20/Apr/2025 | 2 | |
6 Panamax Bulk Carriers | |||||||||
10 |
LETO 2010 81,297 |
16,000 | 5.00% | ASL Bulk Shipping Limited | 3/May/2024 | 4/Mar/2025 - 30/Mar/2025 | 3 | ||
11 |
SELINA 2010 75,700 |
C |
12,000 10,500 |
4.75% 5.00% |
Cargill International S.A., Geneva Raffles Shipping International Pte. Ltd. |
20/May/2023 17/Oct/2024 |
17/Oct/2024 1/Mar/2025 - 20/Apr/2025 |
||
12 |
MAERA 2013 75,403 |
C |
13,750 8,400 |
5.00% 5.00% |
ST Shipping and Transport Pte. Ltd. China Resource Chartering Limited |
29/Jan/2024 15/Dec/2024 |
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 |
13,000 11,600 |
5.00% 5.00% |
Viterra Chartering B.V. Paralos Shipping Pte. Ltd. |
16/Sep/2024 9/Dec/2024 |
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 27/Feb/2025 |
11/Feb/2025 1/Jan/2026 - 28/Feb/2026 |
4 5 |
|
18 |
MEDUSA 2010 82,194 |
E | 14,250 | 5.00% | ASL Bulk Shipping Limited | 14/May/2023 | 21/Feb/2025 | 3 | |
19 |
MYRTO 2013 82,131 |
E |
12,650 12,000 |
5.00% 5.00% |
Cobelfret S.A., Luxemburg Nippon Yusen Kabushiki Kaisha, Tokyo |
15/Jul/2023 23/Dec/2024 |
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 |
12,000 6,000 2,000 |
5.00% 5.00% 5.00% |
China Steel Express Corporation Lestari Shipping Pte Ltd Pan Ocean Co., Ltd. |
30/Sep/2024 28/Dec/2024 16/Jan/2025 |
19/Nov/2024 16/Jan/2025 6/Mar/2025 |
6 3, 7, 8 |
||
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 |
9 10 |
|
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 |
12,250 12,000 |
4.75% |
Aquavita International S.A. |
9/May/2023 12/Oct/2024 |
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 4/Feb/2025 |
4/Feb/2025 15/Feb/2026 - 15/Apr/2026 |
11 |
|
28 |
NEW YORK 2010 177,773 |
H |
16,000 16,000 17,600 |
5.00% 5.00% 5.00% |
SwissMarine Pte. Ltd., Singapore STX Green Logis Ltd SwissMarine Pte. Ltd., Singapore |
11/Jun/2023 30/Nov/2024 11/Jan/2025 |
30/Nov/2024 11/Jan/2025 15/Jan/2026 - 30/Mar/2026 |
12 |
|
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 |
21,250 22,000 |
5.00% 5.00% |
Smart Gain Shipping Co., Limited Mitsui O.S.K. Lines, Ltd. |
7/May/2023 27/Dec/2024 |
3/Dec/2024 20/Oct/2025 - 20/Dec/2025 |
13, 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 28/Feb/2025 |
28/Feb/2025 25/Oct/2026 - 25/Dec/2026 |
15 5 |
|
38 |
NEWPORT NEWS 2017 208,021 |
L |
20,000 | 5.00% | Nippon Yusen Kabushiki Kaisha, Tokyo | 20/Sep/2023 | 10/Mar/2025 - 10/Jun/2025 |
* 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.
3Based on latest information.
4Currently without an active charterparty. Vessel on scheduled drydocking.
5Estimated delivery date to the Charterers.
6Vessel on scheduled drydocking from November 19, 2024 until December 17, 2024.
7Redelivery date based on an estimated time charter trip duration of about 40 days.
8Vessel has been sold and it is expected to be delivered to her new Owners by latest March 7, 2025.
9The charter rate was US$12,250 per day for the first thirty (30) days of the charter period.
10The charter rate will be US$8,750 per day for the first fifty (50) days of the charter period.
11Estimated date.
12The charter rate will be US$6,300 per day for the first trip of the charter period.
13Vessel on scheduled drydocking from December 3, 2024 until December 27, 2024.
14Bareboat chartered-in for a period of eight years.
15Estimated redelivery date from the Charterers.
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.