Owned or Finance Leased Vessels
|Vessel Name||Year Built||Yard (1)||Vessel Type|
|SBI Pisces||2016||Chengxi ||Ultramax|
|SBI Libra||2017||Chengxi ||Ultramax|
Time Chartered-In Vessels
|Vessel Type||Year Built||Yard||Daily Base Rate||Earliest Expiry|
1). Chengxi = Chengxi Shipyard Co. Ltd.Daehan = Daehan Shipbuilding Co., Ltd.Daewoo Mangalia = Daewoo Mangalia Heavy Industries S.A.Dacks = Dalian COSCO KHI Ship Engineering Co. Ltd.Hudong = Hudong-Zhonghua (Group) Co., LtdImabari = Imabari Shipbuilding Co., LtdYangzijiang = Jiangsu Yangzijiang Shipbuilding Co., Ltd.Mitsui = Mitsui Engineering & Shipbuilding Co., Ltd.Nacks = Nantong COSCO KHI Ship Engineering Co. Ltd.SWS = Shanghai Waigaoqiao Shipbuilding Co., Ltd.Sungdong = Sungdong Shipbuilding & Marine Engineering Co., Ltd.Tsuneishi Zhoushan = Tsuneishi Group (Zhoushan) Shipbuilding Inc.
2). This vessel has been time chartered-in for 24 to 27 months at the Company’s option at 118% of the BPI. The daily base rate was converted to a fixed rate effective July 2019. The vessel was delivered to the Company in March 2019.
3). This vessel has been time chartered-in for 24 to 27 months at the Company’s option at 118% of the BPI. The vessel was delivered to the Company in May 2019.
4). This vessel is time chartered-in for 24 months at $12,000 per day for the first twelve months and at $12,500 per day for the second twelve months. The Company has the option to extend this time charter for 12 months at $13,000 per day and an additional 12 months at $14,500 per day. The vessel was delivered to the Company in July 2019.
5). This vessel has been time chartered-in for 24 to 27 months at the Company’s option at 118% of the BPI. The vessel is expected to be delivered to the company in July or August 2019.
6). This vessel has been time chartered-in for 24 to 27 months at the Company’s option at 118% of the BPI. The vessel was delivered to the Company in August 2019.