| No. | Ship Name | Ship Type | Shipyard | Date of Built |
| 1 | Federal Masamune | Bulk Carrier, 62,464 tons | Oshima Shipbuilding | 2021 - 10 |
| 2 | Federal Tiber | Bulk Carrier, 55,337 tons | Oshima Shipbuilding | 2013 - 01 |
| 3 | Federal Tambo | Bulk Carrier, 55,337 tons | Oshima Shipbuilding | 2013 - 03 |
| 4 | Federal Tweed | Bulk Carrier, 55,317 tons | Oshima Shipbuilding | 2013 - 10 |
| 5 | Federal Tyne | Bulk Carrier, 55,160 tons | Oshima Shipbuilding | 2014 - 04 |
| 6 | Federal Trident | Bulk Carrier, 55,178 tons | Oshima Shipbuilding | 2016 - 01 |
| 7 | Federal Takase | Bulk Carrier, 55,178 tons | Oshima Shipbuilding | 2016 - 04 |
| 8 | Federal Innoko | Bulk Carrier, 63,480 tons | I-S Shipyard, Imabari | 2020 - 01 |
| 9 | Federal Iberville | Bulk Carrier, 63,386 tons | Iwagi Zosen | 2018 - 04 |
| 10 | Federal Iberville | Bulk Carrier, 63,386 tons | Iwagi Zosen | 2018 - 04 |
| 11 | Federal Ibuki | Bulk Carrier, 63,386 tons | Iwagi Zosen | 2018 - 08 |
| 12 | Umiak I | Bulk Carrier, 31,992 tons | Universal Shipbuilding, Maizuru | 2006 - 04 |
| 13 | Federal Katsura | Bulk Carrier, 32,594 tons | Shin Kurushima Dockyard | 2005 - 03 |
| 14 | Federal Sakura | Bulk Carrier, 32,583 tons | Shin Kurushima Dockyard | 2005 - 01 |
| 15 | Federal Satsuki | Bulk Carrier, 35,885 tons | Oshima Shipbuilding | 2012 - 05 |
| 16 | Federal Mayumi | Bulk Carrier, 35,885 tons | Oshima Shipbuilding | 2012 - 10 |
| 17 | Federal Thunder Bay | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2023 - 10 |
| 18 | Federal Indiana | Bulk Carrier, 33,898 tons | Oshima Shipbuilding | 2024 - 02 |
| 19 | Federal Ohio | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2024 - 05 |
| 20 | Federal Wisconsin | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2024 - 07 |
| 21 | Federal Michigan | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2024 - 08 |
| 22 | Federal Minnesota | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2024 - 09 |
| 23 | Federal New York | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2024 - 10 |
| 24 | Federal Lexi Rose | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2025 - 03 |
| 25 | Federal William Paul | Bulk Carrier, 34,763 tons | Oshima Shipbuilding | 2025 - 03 |