Exhibit 8.1
SUBSIDIARIES AS AT DECEMBER 31, 2011
Subsidiary | Country of Incorporation |
Ailuk Shipping Company Inc. | Marshall Islands |
Bikini Shipping Company Inc. | Marshall Islands |
Bikar Shipping Company Inc. | Marshall Islands |
Gala Properties Inc. | Marshall Islands |
Jaluit Shipping Company Inc. | Marshall Islands |
Jemo Shipping Company Inc. | Marshall Islands |
Kili Shipping Company Inc. | Marshall Islands |
Knox Shipping Company Inc. | Marshall Islands |
Lae Shipping Company Inc. | Marshall Islands |
Lib Shipping Company Inc. | Marshall Islands |
Majuro Shipping Company Inc. | Marshall Islands |
Namu Shipping Company Inc. | Marshall Islands |
Taka Shipping Company Inc. | Marshall Islands |
Buenos Aires Compania Armadora S.A. | Panama |
Cerada International S.A. | Panama |
Changame Compania Armadora S.A. | Panama |
Chorrera Compania Armadora S.A. | Panama |
Cypres Enterprises Corp. | Panama |
Darien Compania Armadora S.A. | Panama |
Diana Shipping Services S.A. | Panama |
Eaton Marine S.A. | Panama |
Husky Trading, S.A. | Panama |
Panama Compania Armadora S.A. | Panama |
Skyvan Shipping Company S.A. | Panama |
Texford Maritime S.A. | Panama |
Urbina Bay Trading, S.A. | Panama |
Vesta Commercial, S.A. | Panama |
Marfort Navigation Company Limited | Cyprus |
Silver Chandra Shipping Company Limited | Cyprus |
Bulk Carriers (USA) LLC | United States (Delaware) |