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Content analysis
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H.S. sophomore Good
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Exhibit 21.1
Subsidiaries of the Company
The following is a list of the Company's significant subsidiaries as of March 9, 2011.
Name of Significant Subsidiary | Jurisdiction of Incorporation | Portion of Ownership Interest | |
| Baltic Bear Limited | Marshall Islands | 100% | |
| Baltic Breeze Limited | Marshall Islands | 100% | |
| Baltic Cougar Limited | Marshall Islands | 100% | |
| Baltic Cove Limited | Marshall Islands | 100% | |
| Baltic Jaguar Limited | Marshall Islands | 100% | |
| Baltic Leopard Limited | Marshall Islands | 100% | |
| Baltic Panther Limited | Marshall Islands | 100% | |
| Baltic Wind Limited | Marshall Islands | 100% | |
| Baltic Wolf Limited | Marshall Islands | 100% | |