<SEC-DOCUMENT>0000919574-23-003513.txt : 20230526
<SEC-HEADER>0000919574-23-003513.hdr.sgml : 20230526
<ACCEPTANCE-DATETIME>20230526163942
ACCESSION NUMBER:		0000919574-23-003513
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230531
FILED AS OF DATE:		20230526
DATE AS OF CHANGE:		20230526

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIANA SHIPPING INC.
		CENTRAL INDEX KEY:			0001318885
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32458
		FILM NUMBER:		23969723

	BUSINESS ADDRESS:	
		STREET 1:		PENDELIS 16
		STREET 2:		175 64 PALAIO FALIRO
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-947-0100

	MAIL ADDRESS:	
		STREET 1:		PENDELIS 16
		STREET 2:		175 64 PALAIO FALIRO
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d10648460_6-k.htm
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    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">FORM 6-K</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">WASHINGTON, D.C.&#160; 20549</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16</div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">For the month of May 2023</div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Commission File Number:&#160; 001-32458</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">(Translation of registrant's name into English)</div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Pendelis 16, 175 64 Palaio Faliro, Athens, Greece</div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">(Address of principal executive office)</div>
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    </div>
    <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
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    </div>
    <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Form 20-F [X]&#160; &#160; &#160;&#160; Form 40-F [&#160; ]</div>
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    </div>
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    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">INFORMATION CONTAINED IN THIS FORM 6-K REPORT</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: justify; line-height: 11.4pt; margin-top: 12pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated May 26, 2023 of Diana Shipping Inc., (the
      "Company") announcing the Company&#8217;s financial results for the first quarter ended March 31, 2023.</div>
    <div style="text-align: justify; line-height: 11.4pt; margin-top: 12pt; margin-bottom: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The information contained in this Report on Form 6-K is hereby incorporated by reference into the
      Company's registration statements on Form F-3 (File Nos. 333-256791 and 333-266999) that were filed with the U.S. Securities and Exchange Commission and became effective on July 9, 2021 and September 16, 2022, respectively.</div>
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    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
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    </div>
    <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
      thereunto duly authorized.</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
          </td>
        </tr>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div style="text-align: justify; margin-left: 21.6pt; line-height: 11.4pt; font-family: 'Times New Roman', serif;">(registrant)</div>
          </td>
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          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Dated: May 26, 2023</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">By:</div>
          </td>
          <td style="width: 45%; vertical-align: top;">
            <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;"><u>/s/ Ioannis Zafirakis</u></div>
          </td>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: top;">
            <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Ioannis Zafirakis</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: top;">
            <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Chief Financial Officer</div>
          </td>
        </tr>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: top;">&#160;</td>
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    <div style="text-align: right; line-height: 11.4pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Exhibit 99.1</div>
    <div style="line-height: 11.4pt;">
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            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Corporate Contact:</div>
            </td>
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            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Ioannis Zafirakis</div>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Director, Chief Financial Officer, Chief Strategy Officer, Treasurer and Secretary</div>
            </td>
          </tr>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Telephone: + 30-210-9470100</div>
            </td>
          </tr>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Email: izafirakis@dianashippinginc.com</div>
            </td>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Website: www.dianashippinginc.com</div>
            </td>
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            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Twitter: @Dianaship</div>
            </td>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">For Immediate Release</div>
            </td>
            <td style="width: 55.31%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Investor and Media Relations:</div>
            </td>
          </tr>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Edward Nebb</div>
            </td>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Comm-Counsellors, LLC</div>
            </td>
          </tr>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Telephone: + 1-203-972-8350</div>
            </td>
          </tr>
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            <td style="width: 44.69%; vertical-align: top;">&#160;</td>
            <td style="width: 55.31%; vertical-align: top;">
              <div style="line-height: 14.3pt; font-family: 'Times New Roman', serif;">Email: enebb@optonline.net</div>
            </td>
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      <div style="line-height: 14.4pt;">
        <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC. REPORTS FINANCIAL RESULTS</div>
        <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">FOR THE FIRST QUARTER ENDED MARCH 31, 2023 AND</div>
        <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">DECLARES DIVIDEND OF $0.15 PER SHARE FOR THE FIRST QUARTER OF 2023</div>
      </div>
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        <div style="line-height: 13.1pt;"><br style="line-height: 13.1pt;">
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      <div style="line-height: 14.4pt;">
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">ATHENS, GREECE, May 26, 2023 &#8211; Diana Shipping Inc. (NYSE: DSX), (the &#8220;Company&#8221;), a global shipping company specializing in the ownership and bareboat
          charter-in of dry bulk vessels, today reported net income of $22.7 million and net income attributed to common stockholders of $21.3 million for the first quarter of 2023. This compares to a net income of $26.0 million and net income attributed
          to common stockholders of $24.6 million reported in the first quarter of 2022. Earnings per share for the first quarter of 2023 was $0.22 basic and diluted, compared to earnings per share of $0.32 basic and $0.31 diluted in the same quarter in
          2022.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Time charter revenues were $72.6 million for the first quarter of 2023, compared to $65.9 million for the same quarter of 2022. The increase in time
          charter revenues, compared to the same quarter of last year, was due to increased ownership days resulted from vessel acquisitions. This increase was partly offset by decreased average charter rates compared to the same quarter of last year.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
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      <div style="line-height: 14.4pt;">
        <div style="text-align: justify; line-height: 14.3pt; font-family: 'Times New Roman', serif; font-weight: bold;">Dividend Declaration</div>
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      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The Company has declared a dividend on its common stock based on the Company&#8217;s results of operations during the quarter ended March 31, 2023, in the
          amount of $0.15 per share, which will be paid in shares of the Company&#8217;s common stock or, upon the election of common shareholders, in cash. The dividend will be payable on or about July 10, 2023, to all shareholders of record as of June 12,
          2023. The Company has 106,437,232 common shares issued and outstanding.</div>
        <div style="text-align: justify; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif;"> </font><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The Company is also re-affirming its previously announced dividend guidance that it intends to declare and pay quarterly dividends with respect to the
          next two quarters of 2023 in an amount of not less than $0.15 per share. The actual declaration of future dividends, the establishment of record and payment dates and the determination to pay future dividends in cash, in stock, or in a
          combination of cash and shares of common stock is subject to final determination by the Company&#8217;s board of directors each quarter after its review of the Company&#8217;s financial performance.</div>
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          <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-1-</font></div>
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        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Other Matters</div>
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        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The Company is also announcing that it has signed a non-binding term sheet with a major European bank for a new sustainability linked loan facility in an
          amount of up to $100 million. If completed, the proceeds of the new facility will be used to refinance existing credit facilities secured by the ten vessels in the Company&#8217;s current fleet securing the facility. The facility is expected to have a
          term of six and a half years. The Company has also signed a non-binding term sheet with a separate major European bank for an additional credit facility in the amount of up to $22.5 million. If completed, the proceeds of the $22.5 million
          facility will be used to refinance an existing credit facility secured by four of the Company&#8217;s dry bulk vessels. The facility is expected to have a term of five years. Both facilities remain subject to successful negotiation of definitive
          documentation and satisfaction of other customary closing conditions and are expected to include customary financial and other covenants and conditions.</div>
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          <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-2-</font></div>
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              <div style="line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">Fleet Employment (As of May 22,&#160;2023)</div>
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            <td style="width: 4.17%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">VESSEL</div>
            </td>
            <td rowspan="2" style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">SISTER SHIPS*</div>
            </td>
            <td rowspan="2" style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">GROSS RATE (USD PER DAY)</div>
            </td>
            <td rowspan="2" style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">COM**</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">CHARTERERS</div>
            </td>
            <td rowspan="2" style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">DELIVERY DATE TO CHARTERERS***</div>
            </td>
            <td rowspan="2" style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">REDELIVERY DATE TO OWNERS****</div>
            </td>
            <td rowspan="2" style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">NOTES</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">BUILT DWT</div>
            </td>
          </tr>
          <tr>
            <td colspan="9" style="width: 100%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">10 Ultramax Bulk Carriers</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">1</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Phoenix</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">A</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">13,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">ASL Bulk Marine Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4/Mar/2024 - 4/May/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2017 60,456</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Pollux</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">A</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">17,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: top; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Delta Corp Shipping Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">27-Oct-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">27/Dec/2023 - 27/Feb/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2015 60,446</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">3</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Pyxis</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">A</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">17,100</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Cargill Ocean Transportation Singapore Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">16-Oct-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">16/Aug/2023 - 16/Oct/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2018 60,362</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Polaris</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">A</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">13,100</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">ASL Bulk Marine Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12/May/2024 - 12/Jul/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2018 60,404</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Pegasus</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">A</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Reachy Shipping (SGP) Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">7-Dec-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">15/Jul/2024 - 15/Sep/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2015 60,508</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">6</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Aquarius</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">B</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14,200</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Engelhart CTP Freight (Switzerland) SA</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">1-Feb-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">10/Jan/2024 - 25/Mar/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2016 60,309</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">7</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Aquila</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">B</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">13,300</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Western Bulk Carriers AS</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">22-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">15/Sep/2023 - 15/Nov/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2015 60,309</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">8</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Altair</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">B</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14,400</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Western Bulk Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">28-Dec-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">25/Jun/2023 - 25/Aug/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2016 60,309</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">9</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Andromeda</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">B</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Western Bulk Carriers AS</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">17-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">16/Oct/2023 - 16/Dec/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">1, 2</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2016 60,309</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">10</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">DSI Drammen</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">18,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">IMC Shipping Co. Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">22-Apr-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">10/Apr/2024 - 10/Jun/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">3</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2016 63,379</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <tr>
            <td colspan="9" style="width: 100%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">8 Panamax Bulk Carriers</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">11</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">MELIA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">11,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Asahi Shipping Co., Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">10-Dec-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4/Feb/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2005 76,225</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">ARTEMIS</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">21,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">21-Mar-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">20/Jun/2023 -20/Aug/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2006 76,942</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">13</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">LETO</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">25,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Aquavita International S.A.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">3-Oct-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">29/Jan/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2010 81,297</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">29-Jan-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">1/Mar/2024 - 30/Apr/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">SELINA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">C</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">22,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Speed Logistics Marine Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">18-Jun-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12/May/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">6</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2010 75,700</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">20-May-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">15/Sept/2024 - 15/Nov/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">15</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">MAERA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">C</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">16-Dec-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">28/Oct/2023 - 28/Dec/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2013 75,403</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">16</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">ISMENE</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">18,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">23-Nov-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">10/Jan/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2013 77,901</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">14,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">ST Shipping and Transport Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">10-Jan-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">20/Aug/2023 - 10/Oct/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">17</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">CRYSTALIA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">D</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Reachy Shipping (SGP) Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">12-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">1/Sep/2023 - 15/Oct/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2014 77,525</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">18</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">ATALANDI</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">D</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">24,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Aquavita International S.A.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5-Oct-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">15/Feb/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2014 77,529</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">13,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">15-Feb-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5/Mar/2024 - 5/May/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td colspan="9" style="width: 100%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif; font-weight: bold;">6 Kamsarmax Bulk Carriers</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 10.25pt; font-family: 'Times New Roman',serif;">19</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">MAIA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">E</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">25,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">Hyundai Glovis Co. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">24-May-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">20/Sep/2023 -20/Nov/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">7</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 10.25pt; font-family: 'Times New Roman',serif;">2009 82,193</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>

      </table>

      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-3-</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="line-height: 14.3pt; margin-bottom: 10pt;"><br style="line-height: 14.3pt;">
         </div>

      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z36ba68a79c694b8880e3ff560c2723e6">

          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">20</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">MYRSINI</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">E</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Salanc Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">22-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">20/Apr/2024 - 28/Jun/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2010 82,117</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">21</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">MEDUSA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">E</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">26,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">9-Mar-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14/May/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2010 82,194</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">ASL Bulk Shipping Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14-May-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">10/Feb/2025 - 15/Apr/2025</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">22</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">MYRTO</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">E</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">18,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Tata NYK Shipping Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">3-Aug-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15/Jul/2023 - 15/Sep/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2013 82,131</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">23</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">ASTARTE</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">21,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Tongli Shipping Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">30-Jan-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">29/Apr/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2013 81,513</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Reachy Shipping (SGP) Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">29-Apr-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Aug/2024 - 1/Oct/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">24</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">LEONIDAS P. C.</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">24,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">18-Feb-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">28/Feb/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">8</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2011 82,165</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17-Mar-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17/Feb/2024 - 17/Apr/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td colspan="9" style="width: 100%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif; font-weight: bold;">5 Post-Panamax Bulk Carriers</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">25</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">ALCMENE</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17,100</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">SwissMarine Pte. Ltd., Singapore</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">25-Nov-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2/Jan/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2010 93,193</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">13,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2-Jan-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">10/Jan/2024 - 25/Mar/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">26</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">AMPHITRITE</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">F</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Cobelfret S.A.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">9-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Dec/2023 - 15/Feb/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2012 98,697</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">27</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">POLYMNIA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">F</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">24,750</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">CLdN Cobelfret SA, Luxembourg</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4-Feb-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14/Jan/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2012 98,704</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14-Jan-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Apr/2024 - 31/May/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">9</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">28</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">ELECTRA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">G</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Refined Success Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2-Jul-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">13/Apr/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2013 87,150</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Cobelfret S.A.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">13-Apr-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Jun/2024 - 1/Aug/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">29</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">PHAIDRA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">G</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">25,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Comerge Shipping Co., Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">24-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4/Mar/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle;">&#160;</td>
            <td rowspan="2" style="width: 11.4%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2013 87,146</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle;">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">10,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Salanc Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4-Mar-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">16/Apr/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">10</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">12,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Aquavita International S.A.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">9-May-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Sep/2024 - 15/Nov/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">11</div>
            </td>
          </tr>
          <tr>
            <td colspan="9" style="width: 100%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif; font-weight: bold;">11 Capesize Bulk Carriers</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">30</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">ALIKI</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">24,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Koch Shipping Pte. Ltd., Singapore</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">21-Feb-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2/Feb/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2005 180,235</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">31</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">SEMIRIO</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">H</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">19,700</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">C Transport Maritime Ltd., Bermuda</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15-Dec-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15/Aug/2023 - 15/Nov/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2007 174,261</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">32</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">BOSTON</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">H</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">20,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Aquavita International S.A.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15-Jul-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">6/May/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2007 177,828</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">ST Shipping and Transport Pte. Ltd.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">6-May-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15/Jul/2024 - 15/Oct/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">33</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">HOUSTON</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">H</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">13,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">EGPN Bulk Carrier Co., Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">21-Nov-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Jul/2024 - 31/Aug/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2009 177,729</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">34</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">NEW YORK</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">H</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">23,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">C Transport Maritime Ltd., Bermuda</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2-Jul-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">10/Jun/2023 - 30/Jun/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">12</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2010 177,773</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">35</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">SEATTLE</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">I</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">26,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Solebay Shipping Cape Company Limited, Hong Kong</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2-Mar-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Oct/2023 - 15/Dec/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2011 179,362</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">36</div>
            </td>
            <td style="width: 11.4%; vertical-align: top; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">P. S. PALIOS</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">I</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">31,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Classic Maritime Inc.</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">11-Jun-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15/Apr/2024 - 30/Jun/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2013 179,134</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">37</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">G. P. ZAFIRAKIS</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">J</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">22,750</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1-Dec-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">12/Jan/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">13</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2014 179,492</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Solebay Shipping Cape Company Limited, Hong Kong</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">12-Jan-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15/Jun/2024 - 15/Aug/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">38</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">SANTA BARBARA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">J</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">29,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">4.75%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Cargill International S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">19-Mar-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">7/May/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2015 179,426</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">21,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Smart Gain Shipping Co., Limited</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">7-May-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">10/Oct/2024 - 10/Dec/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>

      </table>

      <div style="line-height: 15.75pt; margin-bottom: 10pt;"><br style="line-height: 15.75pt;">
         </div>

      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-4-</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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      <div style="line-height: 15.75pt; margin-bottom: 10pt;"><br style="line-height: 15.75pt;">
         </div>

      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z7a6f884fbb00475492b02533267aa91e">

          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">39</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">NEW ORLEANS</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">32,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Engelhart CTP Freight (Switzerland) SA</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">25-Mar-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">20/Nov/2023 - 31/Jan/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">14</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2015 180,960</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">40</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">FLORIDA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">25,900</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Bunge S.A., Geneva</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">29-Mar-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">29/Jan/2027 - 29/May/2027</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2022 182,063</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td colspan="9" style="width: 100%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif; font-weight: bold;">4 Newcastlemax Bulk Carriers</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">41</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">LOS ANGELES</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">K</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">26,250</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Koch Shipping Pte. Ltd., Singapore</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">30-Jan-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15/Jan/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2012 206,104</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">17,700</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Nippon Yusen Kabushiki Kaisha, Tokyo</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15-Jan-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">20/May/2024 - 5/Aug/2024</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">42</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">PHILADELPHIA</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">K</div>
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            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">26,000</div>
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              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">C Transport Maritime Ltd., Bermuda</div>
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            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
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            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
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            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
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            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">43</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">SAN FRANCISCO</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">L</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">30,500</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Koch Shipping Pte. Ltd., Singapore</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">18-Feb-22</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">18/Feb/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">15</div>
            </td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2017 208,006</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">22,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td style="width: 19.89%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">SwissMarine Pte. Ltd., Singapore</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">18-Feb-23</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5/Jan/2025 - 5/Mar/2025</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman',serif;">44</div>
            </td>
            <td style="width: 11.4%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">NEWPORT NEWS</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">L</div>
            </td>
            <td style="width: 12.24%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">28,000</div>
            </td>
            <td style="width: 6.12%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">5.00%</div>
            </td>
            <td rowspan="2" style="width: 19.89%; vertical-align: middle; border-top: #000000 2px solid; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">Koch Shipping Pte. Ltd., Singapore</div>
            </td>
            <td style="width: 14.46%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">16-Dec-21</div>
            </td>
            <td style="width: 19.47%; vertical-align: middle; border-top: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">1/Jul/2023 - 30/Sep/2023</div>
            </td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
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          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-bottom: #000000 2px solid;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman',serif;">2017 208,021</div>
            </td>
            <td style="width: 6.26%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4.17%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 11.4%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.26%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.24%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 6.12%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.89%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.46%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 19.47%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 5.98%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0);">&#160;</td>
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      <div style="line-height: 14.3pt; margin-bottom: 10pt;"><font style="font-size: 9pt;"><br style="line-height: 14.3pt;">
        </font> </div>
      <font style="font-size: 9pt;"> </font>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z964023fa503a445d9b85cbdd0233afa2">

          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">* Each dry bulk carrier is a &#8220;sister ship&#8221;, or closely similar, to other dry bulk carriers that have the same letter.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">** Total commission percentage paid to third parties.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">*** In case of newly acquired vessel with time charter attached, this date refers to the expected/actual date of delivery of the vessel to the Company.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">**** Range of redelivery dates, with the actual date of redelivery being at the Charterers&#8217; option, but subject to the terms, conditions, and exceptions
                of the particular charterparty.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle; font-size: 9pt;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">1 The fixture includes the option for redelivery of vessel east of Suez against a gross ballast bonus of US$250,000.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">2 Bareboat chartered-in&#160;for a period of ten years.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">3 Maintaining 25% of the partnership interest.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">4 Vessel sold and delivered to her new Owners on February 8, 2023.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">5 Aquavita International S.A. has agreed to compensate the owners for the early redelivery of the vessel until the minimum agreed redelivery date,
                February 1, 2023.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">6 Vessel on scheduled drydocking from May 12, 2023 to May 20, 2023.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">7 Vessel off hire for 3.93 days.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">8 Vessel on scheduled drydocking from February 28, 2023 to March 17, 2023.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">9 The charter rate was US$10,000 per day for the first 30 days of the charter period.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">10 Charter includes a one time ballast bonus payment of US$300,000.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">11 Vessel on scheduled drydocking from April 16, 2023 to May 9, 2023.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">12 Based on latest information.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">13 The Charterers will compensate the Owners for the excess of the charter party period at the rate of 123% of the average of the Baltic Cape Index 5TC
                average for the days exceeding the period or the vessel&#8217;s present charter party rate whichever is higher.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">14 Bareboat chartered-in&#160;for a period of eight years.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; vertical-align: middle;">
              <div style="line-height: 10.25pt; font-family: 'Times New Roman', serif; font-size: 9pt;">15 Koch Shipping Pte. Ltd. has agreed to compensate the owners for the early redelivery of the vessel by paying the difference between the new rate and
                the previous rate, from the redelivery date from the Charterers, to March 1, 2023.</div>
            </td>
          </tr>

      </table>
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      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-5-</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
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          <tr>
            <td valign="bottom" colspan="8" style="vertical-align: bottom;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Summary of Selected Financial &amp; Other Data (unaudited)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="6" style="vertical-align: bottom;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Three months ended March 31,</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"> 2023</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"> 2022</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="8" style="vertical-align: bottom;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">STATEMENT OF OPERATIONS DATA (in thousands of US Dollars)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Time charter revenues</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">72,642</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">65,933</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Voyage expenses</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">3,811</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,714</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Vessel operating expenses</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">20,164</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">16,428</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Net income</div>
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">22,713</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">26,044</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Net income attributable to common stockholders</div>
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">21,271</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">24,602</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="8" style="vertical-align: bottom;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">FLEET DATA</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Average number of vessels</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">41.5</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">33.5</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Number of vessels</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">41.0</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">35.0</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Weighted average age of vessels</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">10.0</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">10.2</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Ownership days</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">3,737</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">3,017</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Available days</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">3,720</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">2,906</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Operating days</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">3,699</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">2,860</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Fleet utilization</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">99.4</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">%</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">98.4</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">%</div>
            </td>
          </tr>
          <tr>
            <td valign="bottom" colspan="8" style="vertical-align: bottom;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">AVERAGE DAILY RESULTS</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Time charter equivalent (TCE) rate (1)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">18,503</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">22,099</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Daily vessel operating expenses (2)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">5,396</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">5,445</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>

      </table>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 14.3pt; font-family: 'Times New Roman', serif; font-weight: bold;">Non-GAAP Measures</div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="text-align: justify; text-indent: -36pt; margin-left: 36pt; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif;"> </font><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="line-height: 14.4pt;">
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z044c5db120cc4f4d93efa6043dbad3ba">

            <tr>
              <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">Time charter equivalent rates, or TCE rates, are defined as our time charter revenues less voyage expenses during a period divided by the number of available days during the period, which
                  is consistent with industry standards.&#160; Voyage expenses include port charges, bunker (fuel) expenses or gain, canal charges and commissions.&#160; TCE is a non-GAAP measure.&#160; TCE rate is a standard shipping industry performance measure used
                  primarily to compare daily earnings generated by vessels on time charters with daily earnings generated by vessels on voyage charters, because charter hire rates for vessels on voyage charters are generally not expressed in per day
                  amounts while charter hire rates for vessels on time charters are generally expressed in such amounts.</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="text-align: justify; text-indent: -36pt; margin-left: 36pt; line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="line-height: 14.4pt;">
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zcc76995b08ea482f8ad0a9402ab8b86a">

            <tr>
              <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(2)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">Daily vessel operating expenses, which include crew wages and related costs, the cost of insurance, expenses relating to repairs and maintenance, the costs of spares and consumable stores,
                  tonnage taxes and other miscellaneous expenses, are calculated by dividing vessel operating expenses by ownership days for the relevant period.</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Conference Call and Webcast Information</div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The Company&#8217;s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M. (Eastern Time) on Friday,
          May 26, 2023.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Investors may access the webcast by visiting the Company&#8217;s website at www.dianashippinginc.com, and clicking on the webcast link. An accompanying investor
          presentation also will be available via the webcast link and on the Company&#8217;s website. The conference call also may be accessed by telephone by dialing 1-877-407-8291 (for U.S.-based callers) or 1-201-689-8345 (for international callers), and
          asking the operator for the Diana Shipping Inc. conference call.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">A replay of the webcast will be available soon after the completion of the call and will be accessible for 30 days on www.dianashippinginc.com. A
          telephone replay also will be available for 30 days by dialing 1-877-660-6853 (for U.S.-based callers) or 1-201-612-7415 (for international callers), and providing the Replay ID number 13738993.</div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
          <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-6-</font></div>
          <div style="page-break-after: always;" class="BRPFPageBreak">
            <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        </div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">About the Company</div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The
          Company&#8217;s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.</div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Cautionary Statement Regarding Forward-Looking Statements</div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe
          harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future
          events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this
          cautionary statement in connection with this safe harbor legislation. The words &#8220;believe,&#8221; &#8220;anticipate,&#8221; &#8220;intends,&#8221; &#8220;estimate,&#8221; &#8220;forecast,&#8221; &#8220;project,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;pending&#8221; and similar expressions identify
          forward-looking statements.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions,
          including without limitation, Company management&#8217;s examination of historical operating trends, data contained in the Company&#8217;s records and other data available from third parties. Although the Company believes that these assumptions were
          reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company&#8217;s control, the Company cannot assure you that it will
          achieve or accomplish these expectations, beliefs or projections.</div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">In addition to these important factors, other important factors that, in the Company&#8217;s view, could cause actual results to differ materially from those
          discussed in the forward-looking statements include the continuing impacts of the COVID-19 pandemic; the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in
          demand for dry bulk shipping capacity, changes in the Company&#8217;s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company&#8217;s vessels, availability of financing and refinancing, changes in governmental
          rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between
          Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see the Company&#8217;s filings with the U.S. Securities and
          Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a
          result of new information, future events or otherwise.</div>
      </div>
      <div style="line-height: 14.4pt;">
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
        <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">(See financial tables attached)</div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
          <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-7-</font></div>
          <div style="page-break-after: always;" class="BRPFPageBreak">
            <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        </div>
        <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
        </div>
      </div>
      <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
      <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">FINANCIAL TABLES</div>
      <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Expressed in thousands of U.S. Dollars, except share and per share data</div>
      <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
      </div>
      <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME</div>
      <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
      </div>
      <table cellspacing="0" cellpadding="0" class="cfttable" id="z2598b7a36aec4fa9814222262fd69a8b" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000; width: 100%;">

          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="7" style="vertical-align: bottom;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">For the three months ended March 31,</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" colspan="3" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"> 2023</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
            <td valign="bottom" colspan="3" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"> 2022</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">REVENUES:</div>
            </td>
            <td valign="bottom" colspan="3" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="3" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Time charter revenues</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">72,642</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">65,933</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">OPERATING EXPENSES</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Voyage expenses</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">3,811</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,714</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Vessel operating expenses</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">20,164</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">16,428</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Depreciation and amortization of deferred charges</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">13,254</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">9,792</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">General and administrative expenses</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">7,682</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">7,059</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Management fees to related party</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">315</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">117</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Gain on Sale of Vessels</div>
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(4,995</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">-</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Other operating income</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(210</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(240</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Operating income, total</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">32,621</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">31,063</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">OTHER INCOME / (EXPENSES):</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Interest expense and finance costs</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(11,658</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(5,222</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Interest and other income</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,774</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">238</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; padding-left: 1%; width: 76%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Loss on extinguishment of debt</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(44</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">-</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Gain/(loss) from equity method investments</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">20</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(35</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Total other expenses, net</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(9,908</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(5,019</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Net income and comprehensive income</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">22,713</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">26,044</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Dividends on series B preferred shares</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(1,442</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
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            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">&#160;</td>
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            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;">
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">0.22</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">0.31</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">&#160;</td>
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          <tr>
            <td valign="bottom" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Weighted average number of common shares outstanding, basic</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">97,323,011</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">76,336,785</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
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            <td valign="bottom" class="cftdesccell" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Weighted average number of common shares outstanding, diluted</div>
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">98,500,961</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">78,786,949</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
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        <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-8-</font></div>
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              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">CONDENSED CONSOLIDATED BALANCE SHEET DATA</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">March 31, 2023</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;"><font style="font-weight: bold;">December 31, 2022</font>**</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"><u>ASSETS</u></div>
            </td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom;">
              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif;"> (unaudited)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="2" style="vertical-align: bottom; text-align: right;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Cash, cash equivalents, restricted cash and time deposits</div>
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">115,680</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">*</div>
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">143,928</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">*</div>
            </td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Investments in related parties, current</div>
            </td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">10,000</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">-</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Other current assets</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">17,377</div>
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            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">17,636</div>
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            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%;">
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">998,479</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">996,702</div>
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            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">8,403</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">8,250</div>
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            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px;">
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">&#160;</td>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">15,692</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;">&#160;</td>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">16,403</div>
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            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 4px; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">Total assets</div>
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            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,165,631</div>
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            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,182,919</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px; background-color: #CCEEFF;">&#160;</td>
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            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 76%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"><u>LIABILITIES AND STOCKHOLDERS' EQUITY</u></div>
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 76%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Long-term debt and finance liabilities, net of deferred financing costs</div>
            </td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">630,759</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">663,442</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Other liabilities</div>
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">42,901</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">32,149</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 2px; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Total stockholders' equity</div>
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">491,971</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">487,328</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px; background-color: #CCEEFF;">&#160;</td>
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            <td valign="bottom" nowrap="nowrap" colspan="1" style="vertical-align: bottom; width: 76%; padding-bottom: 4px;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">&#160;Total liabilities and stockholders' equity</div>
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            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,165,631</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
            <td valign="bottom" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; padding-bottom: 4px;">&#160;</td>
            <td valign="bottom" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
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            <td valign="bottom" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 double 4px;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">1,182,919</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; border-bottom: #000000 double 4px;">&#160;</td>
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      <div style="line-height: 15.75pt;"><br style="line-height: 15.75pt;">
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">*</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">Includes time deposits of $46.5 million</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">**</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">The balance sheet data have been derived from the audited consolidated financial statements at that date.</div>
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              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">OTHER FINANCIAL DATA (unaudited)</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;">For the three months ended March 31,</div>
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            <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"> 2023</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
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              <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman', serif; font-weight: bold;"> 2022</div>
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            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; border-bottom: #000000 solid 2px;">&#160;</td>
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          <tr>
            <td valign="bottom" nowrap="nowrap" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="3" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" colspan="3" style="vertical-align: bottom;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom;">&#160;</td>
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          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Net cash provided by operating activities</div>
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            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">33,196</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">37,100</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Net cash used in investing activities</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(10,645</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(21,302</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
          </tr>
          <tr>
            <td valign="bottom" colspan="1" style="vertical-align: bottom; width: 76%; background-color: #CCEEFF;">
              <div style="text-align: justify; line-height: 11.4pt; font-family: 'Times New Roman', serif;">Net cash used in financing activities</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(50,799</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftguttercell" colspan="1" style="text-align: right; vertical-align: bottom; width: 1%; background-color: #CCEEFF;">&#160;</td>
            <td valign="bottom" nowrap="nowrap" class="cftcurrcell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">$</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftnumcell" colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">(26,904</div>
            </td>
            <td valign="bottom" nowrap="nowrap" class="cftfncell" colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;">
              <div style="line-height: 11.4pt; font-family: 'Times New Roman', serif;">)</div>
            </td>
          </tr>

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      <div style="line-height: 14.3pt; margin-bottom: 10pt;"><br style="line-height: 14.3pt;">
      </div>
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    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
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  <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">-9-</font></div>
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