The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALTICE USA INC CL A 02156K103 11,228 679,647 SH   SOLE   679,647 0 0
AVAYA HLDGS CORP COM 05351X101 1,862 127,879 SH   SOLE   127,879 0 0
CONSTELLIUM NV CL A N22035104 19,615 2,806,202 SH   SOLE   2,806,202 0 0
DOWDUPONT INC COM 26078J100 24,414 456,500 SH   SOLE   456,500 0 0
ENZO BIOCHEM INC COM 294100102 12,587 4,527,819 SH   SOLE   4,527,819 0 0
FRONTLINE LTD SHS NEW G3682E192 30,655 5,543,410 SH   SOLE   5,543,410 0 0
GENCO SHIPPING & TRADING LTD SHS Y2685T131 15,941 2,020,398 SH   SOLE   2,020,398 0 0
GENTHERM INC COM 37253A103 12,310 307,900 SH   SOLE   307,900 0 0
KKR & CO INC CL A 48251W104 7,675 391,000 SH   SOLE   391,000 0 0
KRATON CORPORATION COM 50077C106 13,753 629,732 SH   SOLE   629,732 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 20,114 3,238,956 SH   SOLE   3,238,956 0 0
NAVIOS MARITIME CONTAINERS LP COM UNIT RP LP Y62151108 14,288 5,048,652 SH   SOLE   5,048,652 0 0
NAVIOS MARITIME PARTNERS LP UNIT LPI Y62267102 9,167 10,792,588 SH   SOLE   10,792,588 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 10,742 757,580 SH   SOLE   757,580 0 0
SAFE BULKERS INC COM Y7388L103 2,789 1,566,696 SH   SOLE   1,566,696 0 0
SCORPIO BULKERS INC COM Y7546A122 34,553 6,248,277 SH   SOLE   6,248,277 0 0
SCORPIO TANKERS INC SHS Y7542C106 23,932 13,597,623 SH   SOLE   13,597,623 0 0
XPERI CORPORATION COM 98421B100 12,696 690,356 SH   SOLE   690,356 0 0