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 |
| Portion of |
|
|
|
|
|
|
|
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 | % |