| Subsidiaries |
| Efragel Shipping Corporation |
| Marindou Shipping Corporation |
| Avstes Shipping Corporation |
| Kerasies Shipping Corporation |
| Marathassa Shipping Corporation |
| Pemer Shipping Ltd. |
| Petra Shipping Ltd. |
| Pelea Shipping Ltd. |
| Staloudi Shipping Corporation |
| Marinouki Shipping Corporation |
| Soffive Shipping Corporation |
| Maxdeka Shipping Corporation |
| Maxenteka Shipping Corporation |
| Eniaprohi Shipping Corporation |
| Eniadefhi Shipping Corporation |
| Maxdodeka Shipping Corporation |
| Maxdekatria Shipping Corporation |
| Eptaprohi Shipping Corporation |
| Maxpente Shipping Corporation |
