v3.25.2
Note 5 - Segmental Financial Information - Summary of Reportable Segments (Details) - USD ($)
$ in Thousands
 4 Months Ended 6 Months Ended
May 06, 2025
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Income from investment in leaseback vessels   $ 12,682 $ 11,419  
Total revenues   440,760 438,742  
Voyage expenses   23,383 12,172  
Voyage expenses-related parties   5,819 6,073  
Vessels’ operating expenses   79,171 78,896  
Interest and finance costs   45,210 55,097  
Segment profit/ (loss)   190,499 205,547  
General and administrative expenses   5,781 5,555  
General and administrative expenses – related parties   4,294 5,618  
Management fees-related parties   14,178 14,241  
Foreign exchange gains   2,571 (2,700)  
Interest income   11,779 16,546  
Other, net   27 1,249  
Gain on derivative instruments, net   13,767 (3,212)  
Net income from continuing operations   218,046 201,671  
Net loss from discontinued operations $ (27,547) (27,547) 3,876  
- Net income (1)   190,712 [1] 205,824  
Income from equity method investments   0 42  
Total Assets $ 1,199,384 3,739,101   $ 5,148,687
Nonrelated Party [Member]        
Voyage revenue   428,078 427,323  
Operating Segments [Member]        
Voyage revenue   428,078    
Income from investment in leaseback vessels   12,682 11,419  
Total revenues   440,760 438,742  
Voyage expenses      
Voyage expenses-related parties      
Vessels’ operating expenses   [2]  
Interest and finance costs   [2]  
Other segment items (2)   [2],[3]  
Segment profit/ (loss)   214,155 215,160  
General and administrative expenses   5,781 5,555  
General and administrative expenses – related parties   4,294 5,618  
Management fees-related parties   14,178 14,241  
Foreign exchange gains   2,571 2,700  
Interest income   11,779 16,546  
Other, net   27 1,249  
Gain on derivative instruments, net   13,767 (3,212)  
Net income from continuing operations   218,046 201,671  
Net loss from discontinued operations   (27,547) 3,876  
- Net income (1)   190,499 205,547  
Income from equity method investments     42  
Total Assets   3,739,101   5,148,687
Operating Segments [Member] | Nonrelated Party [Member]        
Voyage revenue     427,323  
Voyage expenses [2]      
Operating Segments [Member] | Related Party [Member]        
Voyage expenses-related parties [2]      
Operating Segments [Member] | Container Vessels Segment [Member]        
Voyage revenue   428,078    
Income from investment in leaseback vessels   0 0  
Total revenues   428,078 427,323  
Voyage expenses     12,172  
Voyage expenses-related parties     6,073  
Vessels’ operating expenses   79,171 [2] 78,896  
Interest and finance costs   39,727 [2] 50,868  
Other segment items (2)   (73,022) [2],[3] (71,344)  
Segment profit/ (loss)   206,956 207,970  
General and administrative expenses    
General and administrative expenses – related parties    
Management fees-related parties    
Foreign exchange gains    
Interest income    
Other, net    
Gain on derivative instruments, net    
Net income from continuing operations    
Net loss from discontinued operations    
- Net income (1)    
Income from equity method investments      
Total Assets   3,315,083   3,576,688
Operating Segments [Member] | Container Vessels Segment [Member] | Nonrelated Party [Member]        
Voyage revenue     427,323  
Voyage expenses [2]   23,383    
Operating Segments [Member] | Container Vessels Segment [Member] | Related Party [Member]        
Voyage expenses-related parties [2]   5,819    
Operating Segments [Member] | Neptune Maritime Leasing Limited (“NML”) [Member]        
Voyage revenue   0    
Income from investment in leaseback vessels   12,682 11,419  
Total revenues   12,682 11,419  
Voyage expenses     (0)  
Voyage expenses-related parties     (0)  
Vessels’ operating expenses   (0) [2] (0)  
Interest and finance costs   5,483 [2] 4,229  
Other segment items (2)   0 [2],[3] 0  
Segment profit/ (loss)   7,199 7,190  
General and administrative expenses    
General and administrative expenses – related parties    
Management fees-related parties    
Foreign exchange gains    
Interest income    
Other, net    
Gain on derivative instruments, net    
Net income from continuing operations    
Net loss from discontinued operations    
- Net income (1)    
Income from equity method investments      
Total Assets   424,018   333,108
Operating Segments [Member] | Neptune Maritime Leasing Limited (“NML”) [Member] | Nonrelated Party [Member]        
Voyage revenue     $ 0  
Voyage expenses [2]   (0)    
Operating Segments [Member] | Neptune Maritime Leasing Limited (“NML”) [Member] | Related Party [Member]        
Voyage expenses-related parties [2]   (0)    
Operating Segments [Member] | Continuing Operations [Member]        
Total Assets   $ 3,739,101   3,909,796
Operating Segments [Member] | Discontinued Operations [Member]        
Total Assets       $ 1,238,891
[1] Net income excludes net loss of $213 and $277, for the six-month periods ended June 30, 2025 and June 30, 2024, respectively, attributable to redeemable non-controlling interest classified outside of permanent equity (Note 14).
[2] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
[3] Other segment items for the Container vessels segment include depreciation expense of the vessels and amortization of dry-docking and special survey costs.