* 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.

¹Based on latest information.
²Bareboat chartered-in for a period of ten years.
³Charterers have agreed for any time in excess of the charter party period to pay the rate of 105% of the Baltic Panamax Index 5 TC average as published by the Baltic Exchange on a daily basis during the excess period commencing from August 20, 2024 or the vessel’s present charter party rate, whichever is higher.
⁴Vessel was on scheduled drydocking from August 30, 2024 until September 16,2024.
⁵Redelivery date based on an estimated time charter trip duration of about 87 days.
⁶Redelivery date based on an estimated time charter trip duration of about 49 days.
⁷The charter rate will be US$12,250 per day for the first 30 days of the charter period.
⁸Vessel has been sold and delivered to her new Owners on September 4, 2024.
⁹Vessel was on scheduled drydocking from August 14, 2024 until September 16,2024.
¹⁰Bareboat 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.