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
  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 5 2006 108,892 / 8,266 Container Carrier TC Mar 2024 $23,000 - MSC Actual Expenses Dec 2022
Agamemnon 2007 108,892 / 8,266 Container Carrier TC Mar 2024 $23,000 - MSC Actual Expenses Dec 2022
Hyundai Prestige 4 2013 63,010 /
5,023
Container Carrier TC Feb 2025 $23,480 - HMM Actual Expenses Sept 2023
Hyundai Privilege 4 2013 63,010 /
5,023
Container Carrier TC May 2025 $23,480 - HMM Actual Expenses Sept 2023
Hyundai Platinum4 2013 63,010 /
5,023
Container Carrier TC Jun 2025 $23,480 - HMM Actual Expenses Sept 2023
Hyundai Premium 4 2013 63,010 /
5,023
Container Carrier TC Mar 2025 $23,480 - HMM Actual Expenses Mar 2023
Hyundai Paramount 4 2013 63,010 /
5,023
Container Carrier TC Apr 2025 $23,480 - HMM Actual Expenses Mar 2023
TOTAL FLEET DWT:   1,058,867              

FOOTNOTES

*Last updated October 31, 2019

1

TC: Time Charter

 

2

Expected redelivery date.

 

3

CMACGM: CMA-CGM S.A. - COSCO: Cosco Bulk Carrier Co. Ltd. - HMM: Hyundai Merchant Marine Co. Ltd. – MSC: Mediterranean Shipping Company Co. S.A.

 

4

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.

 

5

The vessel will earn $18,000 gross per day through the end of 2019.