Subsidiary

Country of Incorporation

Noumea Maritime Ltd.

Marshall Islands

Gregos Shipping Ltd.

Liberia

Corfu Navigation Ltd.

Marshall Islands

Hydra Shipowners Ltd.

Liberia

Spetses Shipowners Ltd.

Liberia

Kea Shipowners Ltd.

Liberia

Antwerp Shipping Ltd.

Marshall Islands

Keelung Shipping Ltd.

Marshall Islands

Oakland Shipping Ltd.

Marshall Islands

Busan Shipping Ltd

Marshall Islands

Jonathan Shipowners Ltd.

Liberia

Marcos Shipping Ltd.

Marshall Islands

Gregos Maritime Ltd.

Marshall Islands

Terataki Shipping Ltd.

Marshall Islands

Emmanuel Shipping Ltd.

Marshall Islands

Rena Shipping Ltd.

Marshall Islands

Tender Soul Shipping Ltd.

Marshall Islands

Leonidas Shipping Ltd.

Marshall Islands

Monica Shipowners Ltd.

Liberia

Stephania Shipping Ltd.

Liberia

Pepi Shipping Ltd.

Liberia

Dear Panel Shipping Ltd.

Liberia

Symeon Shipping Ltd.

Liberia

Eurocon Ltd.

Marshall Islands

Nikitas Shipping Ltd.

Marshall Islands

Elena Shipowners Ltd.

Marshall Islands

Argonaut Sponsor LLC

USA

Thrylos Shipping Ltd.

Liberia

Socrates Shipping Ltd.

Liberia

Danai Shipowners Ltd.

Liberia

Neni Shipping Ltd.

Liberia