Fleet Deployment

Fleet Profile and Fleet Deployment

The table below shows the company’s fleet development and deployment:

LPG Carrier Fleet

Vessel

Vessel Size (cbm)

Vessel Type

Year Built

Employment Status

Charter Expiration (1)

Gas Cathar(5)

7,517

F.P.

2001

Time Charter

Jul-16

Gas Esco

7,500

F.P.

2012

Time Charter

Jun-17

Gas Husky

7,500

F.P.

2011

Bareboat

Jan-17

Gas Premiership(5)

7,200

F.P.

2001

Time Charter

Oct-16

Eco Stream (2)

7,200

F.P.

2014

Bareboat

Mar-22

Eco Chios (2)

7,200

F.P.

2014

Bareboat

Jun-22

Gas Haralambos

        7,020

F.P.

2007

Time Charter

Jul-16

Gas Marathon

6,572

F.P.

1995

Spot

-

Gas Moxie

6,562

F.P.

1992

Time Charter

Feb-15

Gas Flawless

        6,337

F.P.

2007

Time Charter

Aug-15

Gas Ethereal

5,036

F.P.

2006

Time Charter

Sep-15

Gas Prodigy

5,031

F.P.

2003

Time Charter

Aug-15

Gas Monarch

5,018

F.P.

1997

Time Charter

Mar-15

Gas Elixir

5,018

F.P.

2011

Bareboat

Dec-15

Gas Defiance

5,018

F.P.

2008

Time Charter

Jan-18

Gas Shuriken

5,018

F.P.

2008

Time Charter

Oct-17

Gas Cerberus

5,018

F.P.

2011

Time Charter

Jul-15

Gas Myth

5,018

F.P.

2011

Time Charter

Jan-16

Gas Inspiration

5,017

F.P.

2006

Time Charter

Aug-15

Eco Invictus

5,016

F.P.

2014

Time Charter

Sep-15

Gas Nirvana (Lyne)

5,014

F.P.

1996

Time Charter

Mar-15

Gas Icon

5,012

F.P.

1994

Spot

-

Gas Emperor

5,009

F.P.

1994

Time Charter

Dec-15

Gas Texiana

5,001

F.P.

1995

Spot

-

Gas Sincerity (3)

4,129

F.P.

2000

Bareboat

Aug-18

Gas Spirit (3)

4,112

F.P.

2001

Bareboat

Jan-16

Gas Zael (3)

4,111

F.P.

2001

Bareboat

Feb-18

Gas Kaizen

4,110

S.R.

1991

Spot

-

Gas Sikousis (3)

3,586

F.P.

2006

Bareboat

May-16

Gas Evoluzione

3,517

F.P.

1996

Time Charter

Mar-15

Gas Imperiale

3,515

F.P.

2008

Time Charter

Sep-15

Gas Legacy

3,514

F.P.

1998

Time Charter

May-15

Gas Astrid (3)

3,514

F.P.

2009

Bareboat

Apr-22

Gas Enchanted

3,514

F.P.

2006

Time Charter

Apr-15

Gas Exelero (3)

3,513

F.P.

2009

Bareboat

Jun-22

Gas Alice

3,513

F.P.

2006

Time Charter

Apr-15

Eco Elysium (3)

3,524

F.P

2014

Bareboat

Sep-21

Eco Corsair

3,524

F.P.

2014

Time Charter

Mar-15

Eco Lucidity

3,500

F.P.

2015

Time Charter

Apr-15

Gas Ice

3,436

S.R.

1991

Time Charter

Jan-16

Gas Arctic

3,434

S.R.

1992

Spot

-

Gas Galaxy

3,312

F.P.

1997

Time Charter

May-16

Gas Pasha

3,310

F.P.

1995

Spot

-

Gas Crystal

3,211

S.R.

1990

Spot

-

FLEET TOTAL:

44 VESSELS

212,751 cbm

 

 

 

 

TBN

22,000

F.P

2017

 

 

TBN

22,000

F.P

2017

 

 

TBN

22,000

F.P

2017

 

 

TBN

22,000

F.P

2017

 

 

TBN

7,500

F.P.

2016

 

 

TBN

7,200

F.P

2016

 

 

TBN

7,200

F.P

2015

 

 

TBN

5,000

F.P

2015

Time Charter

May-20

TBN

5,000

F.P

2015

       Time Charter

Jul-20

TBN

5,000

F.P

2015

 

 

TBN

5,000

F.P

2015

 

 

TBN

5,000

F.P

2015

 

 

TBN

5,000

F.P

2015

 

 

TBN (4)

3,500

F.P

2015

Bareboat

Apr-22

TBN (4)

3,500

F.P

2015

Bareboat

May-22

TOTAL LPG CARRIER FLEET:

59 VESSELS

359,651

cbm

 

 

 

 

 

Tanker Fleet

Vessel

Vessel Size (dwt)

Vessel Type

Year Built

Employment Status

Charter Expiration (1)

Navig8 Fidelity

47,000

MR Product Tanker

2008

Bareboat

Jan-16

Navig8 Faith

47,000

MR Product Tanker

2008

Bareboat

Feb-16

Stealth Bahla

46,000

MR Product

Tanker

2009

Time Charter

Jul-16

Spike

115,804

Aframax Oil Tanker

2010

Bareboat

Aug-20

TOTAL

TANKER FLEET:

4 VESSELS

255,804

dwt

 

 

 

 

·          F.P.: Fully-Pressurized

·          S.R.: Semi-Refrigerated

·          M.R.: Medium Range

(1)    Earliest date charters could expire.

(2)    Bareboat charter contract subject to a purchase option pursuant to which the charterer may purchase such vessel at any time during the charter at a price that declines overtime from the estimated market value of the vessel at the time of entering into the charter in the first quarter of 2014.

(3)    Bareboat charter contract subject to purchase option pursuant to which charterer may purchase such vessel at the end of the charter.

(4)    Schedule to commence bareboat charter contract subject to purchase option pursuant to which charterer may purchase such vessel at the end of the charter

(5)    Vessel not owned, but leased under a bareboat charter until Nov.2018.