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Consolidated non-vessel owning subsidiaries:
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1
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Robin GMD Corp. (“Robin GMD”) (1)
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2
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Xavier Shipping Co. (“Xavier”)(2)
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| (1) |
Incorporated under the laws of the Marshall Islands on November 27, 2024, this entity serves as the cash manager of the Company’s subsidiaries with effect from April 14, 2025.
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| (2) |
Incorporated under the laws of the Marshall Islands on April 27, 2021, no longer owns any vessel following the sale of the M/T Wonder Formosa on September 1, 2023, for a
gross sale price of $18.0 million and delivery of such vessel to an unaffiliated third-party on November 16, 2023.
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