Revenues |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from Contract with Customer [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenues | 6. Revenues Trade Revenues for the six-months ended June 30, 2025 and 2024 consist of the following items:
Voyage and time charter revenues for the six-months ended June 30, 2025 and 2024 consist of the following items:
The amount of revenue earned as demurrage relating to the Company’s voyage charters for the six-month periods ended June 30, 2025 and 2024 was $261,565 and nil, respectively and is included within “Voyage revenue” in the above table.
As of June 30, 2025 and December 31, 2024, receivables from the Company’s voyage charters amounted to $2,743,646 and nil, respectively.
As of June 30, 2025 and December 31, 2024, revenues relating to undelivered performance obligations of the Company’s voyage charters amounted to $193,695 and nil, respectively. The Company recognized the undelivered performance obligation as of June 30, 2025 as revenues in the third quarter of 2025.
As of June 30, 2025, one vessel was employed under time charter agreement with remaining tenor of 4.7 years. |
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