Our Fleet

    Our Fleet

    Owned or Finance Leased Vessels

     Vessel NameYear Built (1)Yard (2)Vessel Type
     SBI Bravo2015NacksUltramax
     SBI Athena2015ChengxiUltramax
     SBI Antares2015NacksUltramax
     SBI Cronos2015ImabariUltramax
     SBI Leo2015DacksUltramax
     SBI Echo2015ImabariUltramax
     SBI Lyra2015DacksUltramax
     SBI Subaru2015DacksUltramax
     SBI Thalia2015ChengxiUltramax
     SBI Tango2015ImabariUltramax
     SBI Maia2015NacksUltramax
     SBI Orion2015ChengxiUltramax
     SBI Hydra2015NacksUltramax
     SBI Pegasus2015ChengxiUltramax
     SBI Ursa2015DacksUltramax
     SBI Bolero2015HudongKamsarmax
     SBI Conga2015HudongKamsarmax
     SBI Samba2015ImabariKamsarmax
     SBI Rumba2015ImabariKamsarmax
     SBI Capoeira2015HudongKamsarmax
     SBI Carioca2015HudongKamsarmax
     SBI Sousta2015HudongKamsarmax
     SBI Rock2016YangzjiangKamsarmax
     SBI Achilles2016ImabariUltramax
     SBI Lambada2016HudongKamsarmax
     SBI Hercules2016ChengxiUltramax
     SBI Reggae2016HudongKamsarmax
     SBI Hermes2016ImabariUltramax
     SBI Perseus2016ChengxiUltramax
     SBI Hera2016MitsuiUltramax
     SBI Hyperion2016NacksUltramax
     SBI Zeus2016MitsuiUltramax
     SBI Tethys2016NacksUltramax
     SBI Phoebe2016ChengxiUltramax
     SBI Poseidon2016MitsuiUltramax
     SBI Apollo2016MitsuiUltramax
     SBI Zumba2016HudongKamsarmax
     SBI Macarena2016HudongKamsarmax
     SBI Parapara2017HudongKamsarmax
     SBI Swing2017HudongKamsarmax
     SBI Mazurka2017HudongKamsarmax
     SBI Samson2017ChengxiUltramax
     SBI Phoenix2017ChengxiUltramax
     SBI Jive2017HudongKamsarmax
     SBI Aries2015Chengxi
    Ultramax
     SBI Taurus 2015
    Chengxi
    Ultramax
     SBI Gemini2015
    Chengxi Ultramax
     SBI Pisces2016Chengxi 
    Ultramax
     SBI Libra2017
    Chengxi 
    Ultramax
     SBI Virgo2017 Chengxi Ultramax
     SBI Jaguar2014
    Chengxi 
    Ultramax
     SBI Cougar
    2015Chengxi 
    Ultramax
     SBI Puma
    2014Chengxi 
    Ultramax 
     SBI Lynx
    2018YangzjiangKamsarmax

    Time Chartered-In Vessels

     Vessel TypeYear Built (1)Yard (2)Daily Base Rate Earliest Expiry
     Ultramax2017Japan$10,125Sep-19 (3)
     Kamsarmax2019China$14,170 Mar-21 (4) 
     Kamsarmax2019
    China
    Variable
    Apr-21 (5) 
     Kamsarmax
    2018
    China
    $12,000
    June-21 (6) 
     Kamsarmax
    2018
    China Variable
    13-Jul-21 (7) 
      Kamsarmax2015 China Variable 22-Jul-21 (8)

    Note:

    1. Year built is an estimated delivery date for the newbuilding.
    2. 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.
    3. This vessel is time chartered-in for 22 to 24 months at the Company’s option at $10,125 per day. The Company has the option to extend this time charter for one year at $10,885 per day. The vessel was delivered to the Company in September 2017.
    4. 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.
    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 was delivered to the Company in May 2019.
    6. 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.
    7. This vessel has been time chartered-in for 24 to 27 months at the Company’s option at 120% of the BPI. The vessel is expected to be delivered to the company in July or August 2019.
    8. 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.