Fleet List

Vessel Name Year Built DWT/TEU Description Charter
Type1
Expiry of Charter2 Daily Charter
Rate (Gross)
Profit
Share Above
Charter Rate
Charterer3 OPEX
(Per day)
Agreement
Expiration
Miltiadis M II 2006 162,397 Ice Class 1A
Crude/Product
Spot - - - - Actual Expenses Dec 2020
Aias 2008 150,393 Crude Oil Spot - - - - Actual Expenses Dec 2020
Amoureux 2008 149,993 Crude Oil Spot - - - - Actual Expenses Dec 2020
Aristaios 2017 113,689 Ice Class 1C Crude Oil TC Jan 2022  $26,400 - ANDV Actual Expenses Jan 2022
Ayrton II 6 2009 51,260 IMO II/III
Chemical/ Product
TC Aug 2020 $14,700 - PTRB Actual Expenses Apr 2019
Alexandros II 6 2008 51,258 IMO II/III
Chemical/ Product
TC Jul 2020 $14,700 - PTRB Actual Expenses Dec 2022
Aristotelis II 6 2008 51,226 IMO II/III
Chemical/ Product
TC Aug 2020 $14,700 - PTRB Actual Expenses May 2023
Aris II 6 2008 51,218 IMO II/III
Chemical/ Product
TC Oct 2020 $14,700 - PTRB Actual Expenses Jun 2023
Amadeus 2015 50,108 IMO II/III
Eco Chemical/ Product
TC Nov 2019 $14,750 - REPSOL Actual Expenses Jun 2020
Active 2015 50,136 IMO II/III
Eco Chemical/ Product
Spot - - - - Actual Expenses Mar 2020
Anikitos 2016 50,082 IMO II/III
Eco Chemical/ Product
TC Jul 2020 $15,300   PTRB Actual Expenses May 2023
Amor 2015 49,999 IMO II/III
Eco Chemical/ Product
Spot - - - - Actual Expenses Oct 2021
Axios 7 2007 47,872 Ice Class 1A
IMO II/III
Chemical/ Product
TC Jul 2020 $13,850 - PTRB Actual Expenses Jun 2022
Assos 7 2006 47,872 Ice Class 1A
IMO II/III
Chemical/ Product
TC Sept 2020 $13,850 - PTRB Actual Expenses Apr 2019
Avax 7 2007 47,834 Ice Class 1A
IMO II/III
Chemical/ Product
TC Aug 2020 $13,850 - PTRB Actual Expenses Apr 2022
Atrotos 2007 47,786 Ice Class 1A
IMO II/III
Chemical/ Product
TC Dec 2018 $17,750 - PTRB Actual Expenses Apr 2019
Anemos I 2007 47,782 Ice Class 1A
IMO II/III
Chemical/ Product
TC Jan 2019 $17,750 - PTRB Actual Expenses Dec 2022
Apostolos 2007 47,782 Ice Class 1A
IMO II/III
Chemical/ Product
TC Jan 2019 $17,750 - PTRB Actual Expenses Sept 2022
Akeraios 2007 47,781 Ice Class 1A
IMO II/III
Chemical/ Product
TC Apr 2019 $17,750 - PTRB Actual Expenses Aug 2022
Atlantas II 2006 36,760 Ice Class 1A
IMO II/III
Chemical/ Product
Spot - - - - Actual Expenses Sep 2021
Agisilaos 2006 36,760 Ice Class 1A
IMO II/III
Chemical/ Product
TC Jan 2019 $19,000 - FLOPEC Actual Expenses Dec 2021
Aktoras 4 2006 36,759 Ice Class 1A
IMO II/III
Chemical/ Product
TC  Jan 2019 $13,500 - Shell Actual Expenses Mar 2022
Aiolos 2007 36,725 Ice Class 1A
IMO II/III
Chemical/ Product
Spot  - - - - Actual Expenses Mar 2022
Arionas 2006 36,725 Ice Class 1A
IMO II/III
Chemical/ Product
Spot - - - - Actual Expenses Aug 2021
Alkiviadis 2006 36,721 Ice Class 1A
IMO II/III
Chemical/ Product
TC Apr 2020 $12,500 - CSSA Actual Expenses Oct 2020
  DRY BULK VESSEL                
Cape Agamemnon 2010 179,221 Capesize Bulk Carrier TC July 2020 $42,200 - COSCO Actual Expenses June 2021
  CONTAINER VESSELS                
CMA CGM Magdalena 2016 115,639 / 9,288 Container Carrier TC Feb 2021 $39,250 - CMACGM Actual Expenses Feb 2021
CMA CGM Amazon 2015 115,534 / 9,288 Container Carrier TC Jun 2020 $39,250 - CMACGM Actual Expenses Jun 2020
CMA CGM Uruguay 2015 115,639 / 9,288 Container Carrier TC Sep 2020 $39,250 - CMACGM Actual Expenses Sep 2020
Archimidis 2006 108,892 / 8,266 Container Carrier TC May 2020 $18,000 - MSC Actual Expenses Dec 2022
Agamemnon 2007 108,892 / 8,266 Container Carrier TC Jun 2019 $20,000 - PIL Actual Expenses Dec 2022
Hyundai Prestige 5 2013 63,010 /
5,023
Container Carrier TC Feb 2025 $23,480 - HMM Actual Expenses Sept 2023
Hyundai Privilege 5 2013 63,010 /
5,023
Container Carrier TC May 2025 $23,480 - HMM Actual Expenses Sept 2023
Hyundai Platinum 5 2013 63,010 /
5,023
Container Carrier TC Jun 2025 $23,480 - HMM Actual Expenses Sept 2023
Hyundai Premium 5 2013 63,010 /
5,023
Container Carrier TC Mar 2025 $23,480 - HMM Actual Expenses Mar 2023
Hyundai Paramount 5 2013 63,010 /
5,023
Container Carrier TC Apr 2025 $23,480 - HMM Actual Expenses Mar 2023
TOTAL FLEET DWT:   2,595,785              

FOOTNOTES

*Last updated October 31, 2018

1

TC: Time Charter, BC: Bareboat Charter, Spot: Vessel is currently trading on the spot market.

 

2

Expected redelivery date.

 

3

ANDV: Andeavor - CMACGM: CMA-CGM S.A. - CSSA: CSSA S.A., (a fully owned subsidiary of Total S.A.) - COSCO: Cosco Bulk Carrier Co. Ltd. -  FLOPEC: Flota Petrolera Ecutoriana - HMM: Hyundai Merchant Marine Co. Ltd. – MSC: Mediterranean Shipping Company Co. S.A. – PIL: Pacific International Lines (Pte) Ltd, Singapore - PTRB: Petroleo Brasileiro S.A. (‘Petrobras’) –  REPSOL: Repsol Trading S.A, –  Shell Tankers Singapore Private Limited.

 

4

Shell has extended the time charter for an additional year (+/-30 days) at a gross daily rate of $12,000 commencing January 2019.

 
5

In connection with the agreement to equip with exhaust gas cleaning systems the 'Hyundai Prestige', 'Hyundai Premium', 'Hyundai Paramount', 'Hyundai Privilege' and 'Hyundai Platinum' we have entered into a series of agreements with Hyundai Merchant Marine (“HMM”), to increase the daily charter rate by $4,900 for each vessel. The increase will be effective from January 1, 2020, or, if later, the installation date of the scrubbers until the expiry of each charter in 2024 and 2025, as applicable. The vessels are currently earning $23,480 gross per day following a restructuring agreement with HMM dated July 15, 2016. Under the restructuring agreement, the charter rate is set to be restored to the original daily gross rate of $29,350 from January 1, 2020 and will increase further to $34,250 once the scrubbers are installed in accordance with the Scrubber Agreements.

 
6 Petrobras has the option to extend the respective time charters for an additional eleven months (+/-30 days) at $14,850 per day.   
7 Petrobras has the option to extend the respective time charters for an additional eleven months (+/-30 days) at the same rate.