EXHIBIT 8.1
SUBSIDIARIES
Name of Subsidiary Country of Incorporation
Altius Marine S.A. Marshall Islands
AMT Management Ltd. Marshall Islands
Aries Maritime (US) LLC United States
Chinook Waves Corporation Marshall Islands
Compass Overseas Ltd. Bermuda
Compassion Overseas Ltd. Bermuda
Dynamic Maritime Co. Marshall Islands
Ermina Marine Ltd. Marshall Islands
Fortius Marine S.A. Marshall Islands
Jubilee Shipholding S.A. Marshall Islands
Land Marine S.A. Marshall Islands
Makassar Marine Ltd. Marshall Islands
Olympic Galaxy Shipping Ltd. Marshall Islands
Ostria Waves Ltd. Marshall Islands
Rider Marine S.A. Marshall Islands
Santa Ana Waves Corporation Marshall Islands
Seine Marine Ltd. Marshall Islands
Vintage Marine S.A. Marshall Islands