Vessel Operating and Voyage Expenses (Details) - USD ($) |
6 Months Ended | |
|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
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| Voyage Expenses [Abstract] | ||
| Brokerage commissions | $ 149,275 | $ 156,644 |
| Brokerage commissions - related party | 289,644 | 148,123 |
| Port & other expenses | 162,305 | 180,970 |
| Bunkers consumption | 25,770 | 589,412 |
| Loss on bunkers | 0 | 1,512 |
| Total Voyage expenses | 626,994 | 1,076,661 |
| Vessel Operating Expenses [Abstract] | ||
| Crew & crew related costs | 2,997,533 | 3,025,158 |
| Repairs & maintenance, spares, stores, classification, chemicals & gases, paints, victualling | 803,294 | 774,115 |
| Lubricants | 78,580 | 121,158 |
| Insurance | 179,295 | 210,524 |
| Tonnage taxes | 32,649 | 33,015 |
| Other | 456,977 | 392,438 |
| Total Vessel operating expenses | $ 4,548,328 | $ 4,556,408 |
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- Definition Commissions paid to brokers for time-charter and voyage-charter arrangements. No definition available.
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- Definition Commissions paid to related party for time-charter and voyage-charter arrangements. No definition available.
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- Definition Amount of bunkers (or energy) consumption related to fuel stored on a ship and used as fuel for machinery operation. No definition available.
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- Definition The amount of loss (gain) on bunker fuel during the period. The gain or loss is the difference between the cost of bunker fuel delivered by the terminating charterer and the bunker fuel sold to the new charterer. No definition available.
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- Definition Amount of operating expense for lubricants. No definition available.
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- Definition Fixed charges, such as wharfage, towage, and pilotage, levied against a ship or its cargo in port and other expenses. No definition available.
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- Definition Amount of operating expenses for vessel repair and maintenance, spares, stores, classification, chemicals and gases, paints and victualling. No definition available.
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- References No definition available.
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- Definition Voyage expenses consist of: (a) port, canal and bunker expenses that are unique to a particular charter which are paid for by the charterer under the time charter arrangements or by the Company under voyage charter arrangements, and (b) brokerage commissions, which are always paid for by the Company, regardless of charter type. No definition available.
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- Definition The expense in the period incurred with respect to protection provided by insurance entities against risks other than risks associated with production (which are allocated to cost of sales). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- References No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition All taxes not related to income of the entity or excise or sales taxes levied on the revenue of the entity that are not reported elsewhere. These taxes could include production, real estate, personal property, and pump tax. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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