Chowgule Steamships Limited is a ship owner and charterer. The Company is engaged in the carriage of goods by sea. The Company owns and operates a fleet of approximately five vessels for seaborne transportation of bulk cargoes. The Company's international fleet tonnage, including that of its foreign subsidiary totals to approximately 138,559 deadweight (DWT) consisting of over four handy size vessels. Its vessels are engaged in time charters with international charterers and moving bulk cargoes, such as iron ore, grain, coal and fertilizers. The Company's fleet of vessels includes Maratha Promise, which has approximately 37,187 DWT; Maratha Prudence, which has approximately 32,070 DWT; Maratha Pride, which has approximately 37,221 DWT, and Maratha Paramount, which has approximately 32,081 DWT. Chowgule Steamships Overseas Limited (CSOL) is the Company's subsidiary.