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The Company's subsidiaries provide marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of such services.
The Company's subsidiaries currently own 14 drybulk vessels, with an aggregate carrying capacity of 1,153,900 deadweight tons ("dwt") with an average age of 3.54 years as of September 30, 2009, one of the world's youngest fleets of Panamax, Kamsarmax and Post-Panamax class vessels. Additional drybulk newbuild vessels have been contracted to be delivered at various times within the next two years.
The Company's common stock is listed on the NYSE where it trades under the symbol "SB".
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