Vessels, Net |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Vessels, Net |
The amounts shown in the accompanying unaudited interim condensed consolidated balance sheets are analyzed as follows:
At June 30, 2025, the Company performed an impairment review of its vessels since the book values of three vessels were substantially higher than their market values. As a result of the impairment review, undiscounted net op
era ting cash flows exceeded each vessel’s carrying value and no impairment loss was recognized for the six-month period ended June 30, 2025. |
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