An independent bulk carrier company with contracts to acquire 12 Newcastlemax dry bulk vessels, of which one vessel was delivered on March 2, 2023 and is in operation and 11 are under construction. We were founded in March 2021 for the purpose of operating high-quality dry bulk vessels in the range of 210,000 dwt. We have agreements to acquire 12 Newcastlemax dry bulk vessels with an aggregate carrying capacity of 2.5 million dwt, of which one vessel has been delivered and is in operation and 11 are under construction at New Times Shipyard in China.