EX-21 4 a2144913zex-21.htm EXHIBIT 21

EXHIBIT 21

Subsidiaries of the Company

The following is a list of the Company’s subsidiaries as of September 30, 2004.

Name of Significant Subsidiary		Country of Incorporation		Portion of Ownership Interest
Vermio Shipping Company Limited		Marshall Islands		100	%
Rupel Shipping Company Inc.		Marshall Islands		100	%
Gramos Shipping Company Inc.		Marshall Islands		100	%
Olympos Shipping Company Limited		Marshall Islands		100	%
Helidona Shipping Company Limited		Marshall Islands		100	%
Kalidromo Shipping Company Limited		Marshall Islands		100	%
Mytikas Shipping Company Limited		Marshall Islands		100	%
Litochoro Shipping Company Limited		Marshall Islands		100	%
Falakro Shipping Company Limited		Liberia		100	%
Psiloritis Shipping Company Limited		Liberia		100	%
Pylio Shipping Company Limited		Liberia		100	%
Idi Shipping Company Limited		Liberia		100	%
Taygetus Shipping Company Limited		Liberia		100	%
Pageon Shipping Company Limited		Cyprus		100	%
Vardousia Shipping Company Limited		Cyprus		100	%
Parnon Shipping Company Limited		Cyprus		100	%
Menalo Shipping Company Limited		Cyprus		100	%
Pintos Shipping Company Limited		Cyprus		100	%