| 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%
|
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… |
| BDRY |
Breakwave Dry Bulk Shipping ETF |
72%
|
Reciprocal relationship from BDRY graph: Reciprocal relationship from SHIP graph: with Honors, from the Athens University of Economics and Business and a Bachelor of Science (BSc) in Mathematics from… |
| 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: Reciprocal relationship from DLNG g… |
| DSX |
Diana Shipping Inc. |
72%
|
arterers, than vessels we may operate in the future. Ownership of dry bulk carriers is highly fragmented and is divided among publicly listed companies, state controlled and independent bulk carrier … |
| DSX |
Diana Shipping Inc. |
72%
|
Reciprocal relationship from DSX graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from DSX graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from DSX grap… |
| FIISP |
FIISP |
72%
|
Reciprocal relationship from FIISP graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from FIISP graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from FIIS… |
| FIISP |
FIISP |
72%
|
se of alternative rates or benchmarks, the interest payable on our debt could be subject to volatility and our lending costs could increase, which would have an adverse effect on our profitability, e… |
| FISI |
Financial Institutions, Inc. |
72%
|
Reciprocal relationship from FISI graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from FISI graph: Reciprocal relationship from SHIP graph: se of alternative rates or benchmar… |
| FISI |
Financial Institutions, Inc. |
72%
|
se of alternative rates or benchmarks, the interest payable on our debt could be subject to volatility and our lending costs could increase, which would have an adverse effect on our profitability, e… |
| GNK |
Genco Shipping & Trading Limited |
72%
|
Reciprocal relationship from GNK graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from GNK graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from GNK grap… |
| GNK |
Genco Shipping & Trading Limited |
72%
|
es the terms of our charters (whether voyage charters, period time charters, bareboat charters or pools) based on market conditions. We compete primarily with other owners of drybulk carriers, many o… |
| GOGL |
GOGL |
72%
|
period time charters, bareboat charters or pools) based on market conditions. We compete primarily with other owners of drybulk vessels, many of which may have more resources than us and may operate … |
| GOGL |
GOGL |
72%
|
Reciprocal relationship from GOGL graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from GOGL graph: Reciprocal relationship from SHIP graph: period time charters, bareboat char… |
| SBLK |
Star Bulk Carriers Corp. |
72%
|
Reciprocal relationship from SBLK graph: Reciprocal relationship from SHIP graph: arterers, than vessels we may operate in the future. Ownership of dry bulk carriers is highly fragmented and is divid… |
| SBLK |
Star Bulk Carriers Corp. |
72%
|
arterers, than vessels we may operate in the future. Ownership of dry bulk carriers is highly fragmented and is divided among publicly listed companies, state controlled and independent bulk carrier … |
| SHEL |
Shell plc |
72%
|
Reciprocal relationship from SHEL graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from SHIP graph: Reciprocal relationship from SHEL g… |
| 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… |
| USEA |
United Maritime Corporation |
72%
|
ent loan facilities, see please see “Item 5. Operating and Financial Review and Prospects – B. Liquidity and Capital Resources – Loan Arrangements.” We depend on officers and directors who are associ… |
| USEA |
United Maritime Corporation |
72%
|
Reciprocal relationship from USEA graph: Reciprocal relationship from SHIP graph: ent loan facilities, see please see “Item 5. Operating and Financial Review and Prospects – B. Liquidity and Capital … |
| 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 … |
| 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… |
| 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… |
| 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… |