| One
good representation of our business growth is the substantially development of our fleet
over the years. Presently, we are controlling total of 18 vessels ranging from Capesize,
Panamax to Handymax and Small Handy. Long-term time charter contracts of our vessels
provide a steady and secure base to expand our own chartering and operation business. We
are operating 3 of our own small handy vessels with dead weight ranging from 21,990 MT to
29,105 MT and trading worldwide. The operation experience has broadened our network and
prospective that we are proceeding with further expansion and expecting to acquire
additional vessels in the very near future. |