| CUSTOMER-A |
CUSTOMER-A |
90%
|
Customers individually accounting for more than 10% of our revenues during the years ended December 31, 2025, 2024 and 2023 were: Customer 2025 2024 2023 A 32% 34% 28% |
| CUSTOMER-B |
CUSTOMER-B |
90%
|
Customers individually accounting for more than 10% of our revenues during the years ended December 31, 2025, 2024 and 2023 were: Customer 2025 2024 2023 B 20% 22% 25% |
| CUSTOMER-C |
CUSTOMER-C |
90%
|
Customers individually accounting for more than 10% of our revenues during the years ended December 31, 2025, 2024 and 2023 were: Customer 2025 2024 2023 C 17% - - |
| CUSTOMER-D |
CUSTOMER-D |
90%
|
Customers individually accounting for more than 10% of our revenues during the years ended December 31, 2025, 2024 and 2023 were: Customer 2025 2024 2023 D 13% 12% 18% |
| CUSTOMER-E |
CUSTOMER-E |
90%
|
Customers individually accounting for more than 10% of our revenues during the years ended December 31, 2025, 2024 and 2023 were: Customer 2025 2024 2023 E - - 12% |
| UNITED |
UNITED |
80%
|
On February 6, 2026, we entered into an agreement with United for the disposal of the M/V Dukeship through an 18-month bareboat charter. |
| BDRY |
Breakwave Dry Bulk Shipping ETF |
72%
|
Reciprocal relationship from BDRY graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from BDRY graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from BDRY g… |
| BDRY |
Breakwave Dry Bulk Shipping ETF |
72%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| DLNG |
Dynagas LNG Partners LP |
72%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| DLNG |
Dynagas LNG Partners LP |
72%
|
Reciprocal relationship from DLNG graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from DLNG graph: Reciprocal relationship from SHIP graph: with Honors, from the Athens Univer… |
| SHEL |
Shell plc |
72%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| SHEL |
Shell plc |
72%
|
Reciprocal relationship from SHEL graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from SHIP graph: with Honors, from the Athens Univer… |
| USEA |
United Maritime Corporation |
72%
|
Reciprocal relationship from USEA graph: Reciprocal relationship from SHIP graph: Chinese-built vessels, non-Chinese companies operating Chinese-built vessels and companies with newbuilding orders at… |
| USEA |
United Maritime Corporation |
72%
|
Chinese-built vessels, non-Chinese companies operating Chinese-built vessels and companies with newbuilding orders at Chinese shipyards, and to restrict a percentage of U.S. products to being transpo… |
| ALPHA-BANK-GROUP |
ALPHA-BANK-GROUP |
62%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| AXIA-VENTURES-GROUP |
AXIA-VENTURES-GROUP |
62%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| BREAKWAVE-ADVISORS-LLC |
BREAKWAVE-ADVISORS-LLC |
62%
|
Africa, led by Guinea, are expected to further boost bauxite trade, while, the giant Simandou iron ore project is anticipated to significantly increase iron ore exports from the region. The significa… |
| B-RILEY-SECURITIES-INC |
B-RILEY-SECURITIES-INC |
62%
|
government new taxes or other fees. Applicable laws and regulations in China may not be well publicized and may not be known to us or our charterers in advance of us or our charterers becoming subjec… |
| CHUGOKU-BANK-LTD |
CHUGOKU-BANK-LTD |
62%
|
a purchase obligation at the end of the bareboat agreement. The charterhire principal amortizes in 27 quarterly installments of $ 688 along with a purchase obligation of $ 3,313 at the expiry of the … |
| EMISSIONS-WORKING-GROUP |
EMISSIONS-WORKING-GROUP |
62%
|
Competition We operate in markets that are highly competitive and based primarily on supply and demand. We compete for charters on the basis of price, vessel location, size, age and condition of the … |
| FIDELITY-MARINE-INC |
FIDELITY-MARINE-INC |
62%
|
ity to achieve successful utilization of our fleet; • changes to our financial condition and liquidity, including our ability to pay amounts that we owe and obtain additional financing to fund capita… |
| GENEVA-BASED-EFG-GROUP |
GENEVA-BASED-EFG-GROUP |
62%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| GLOBAL-OCEANIC-CARRIERS-LTD |
GLOBAL-OCEANIC-CARRIERS-LTD |
62%
|
with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from the Aristotle University of Thessaloniki. Christina Anagnostara has been a member… |
| HANCHEN-LIMITED |
HANCHEN-LIMITED |
62%
|
. On March 9, 2026, the Company refinanced the outstanding amount of $ 11,976 (Note 16). Evahline Sale and Leaseback On March 29, 2023, the Company entered into a $ 19,000 sale and leaseback agreemen… |
| IMO-CORRESPONDENCE-GROUP |
IMO-CORRESPONDENCE-GROUP |
62%
|
Competition We operate in markets that are highly competitive and based primarily on supply and demand. We compete for charters on the basis of price, vessel location, size, age and condition of the … |
| KOWA-KAIUN-CO-LTD |
KOWA-KAIUN-CO-LTD |
62%
|
. The agreement became effective on March 20, 2025, upon the delivery of the Squireship to the lessor. Under ASC 842-40, the transaction was accounted for as a financial liability, as control remains… |
| NAVILANDS-BULKER-MANAGEMENT-LTD |
NAVILANDS-BULKER-MANAGEMENT-LTD |
62%
|
ity to achieve successful utilization of our fleet; • changes to our financial condition and liquidity, including our ability to pay amounts that we owe and obtain additional financing to fund capita… |
| PASSIVE-FOREIGN-INVESTMENT-COMPANY |
PASSIVE-FOREIGN-INVESTMENT-COMPANY |
62%
|
. V.Ships Greece provides crew management services to the M/Vs Lordship, Knightship, Premiership and Squireship. Global Seaways provides crew management services to the M/Vs Worldship, Hellasship, Pa… |
| SEANERGY-MANAGEMENT-CORP |
SEANERGY-MANAGEMENT-CORP |
62%
|
prior to arriving at the load port primarily consist of bunkers which are deferred and amortized during the voyage period. Costs amortized during the years ended December 31, 2025, 2024 and 2023 were… |
| SEANERGY-MERGER-CORP |
SEANERGY-MERGER-CORP |
62%
|
government new taxes or other fees. Applicable laws and regulations in China may not be well publicized and may not be known to us or our charterers in advance of us or our charterers becoming subjec… |
