Attached files

file filename
S-1 - S-1 - Baltic Trading Ltda2199729zs-1.htm
EX-8.2 - EXHIBIT 8.2 - Baltic Trading Ltda2199729zex-8_2.htm
EX-5.2 - EXHIBIT 5.2 - Baltic Trading Ltda2199729zex-5_2.htm
EX-8.1 - EXHIBIT 8.1 - Baltic Trading Ltda2199729zex-8_1.htm
EX-5.1 - EXHIBIT 5.1 - Baltic Trading Ltda2199729zex-5_1.htm
EX-23.1 - EXHIBIT 23.1 - Baltic Trading Ltda2199729zex-23_1.htm

QuickLinks -- Click here to rapidly navigate through this document


Exhibit 21.1


SUBSIDIARIES OF THE COMPANY

        The following is a list of the Company's significant subsidiaries as of August 10, 2010.

Name of Significant Subsidiary
 
Jurisdiction of
Incorporation
 
Portion of
Ownership Interest
 

Baltic Bear Limited

  Marshall Islands     100%  

Baltic Breeze Limited

  Marshall Islands     100%  

Baltic Cougar Limited

  Marshall Islands     100%  

Baltic Cove Limited

  Marshall Islands     100%  

Baltic Jaguar Limited

  Marshall Islands     100%  

Baltic Leopard Limited

  Marshall Islands     100%  

Baltic Panther Limited

  Marshall Islands     100%  

Baltic Wind Limited

  Marshall Islands     100%  

Baltic Wolf Limited

  Marshall Islands     100%  



QuickLinks

SUBSIDIARIES OF THE COMPANY