Increased paid-up capital from US$41,070,142 to US$51,998,342

Increased paid-up capital from US$36 million to US$41,070,142

Acquired one new 37,000 dwt Handysize bulk carrier- 9th vessel
(Delivered in February 2015)

Increased paid-up capital from US$25.5 million to US$36 million

Acquired three new 37,000 dwt Handysize bulk carriers -6th,7th and 8th vessel

(Delivered in July 2014, March 2015 and January 2016)

Increased paid-up capital from US$20 million to US$25.5 million

Acquired a second hand 28,300 dwt Handysize bulk carrier -5th vessel

(Delivered in Sept 2011)

Increased paid-up capital from US$5 million to US$20 million

Acquired a second hand 28,709 dwt Handysize bulk carrier through court auction-4th vessel

(Delivered in May 2011)

Acquired a new 37,000 dwt Handysize bulk carrier-3nd vessel

(Delivered in June 2013)

Acquired a new 29,100 dwt Handysize bulk carrier-2nd vessel

(Delivered in June 2012)

Incorporated in Hong Kong in April 2010 with a name of "Uni Ships Line Inc. Limited" to acquire vessels with majority interest. The paid-up capital was US$5 million

Acquired a new 29,000 dwt Handy bulk carrier-1st vessel

(Delivered in May 2011)