v3.25.4
Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt  
Schedule outstanding principal balances on each loan facility

  ​ ​ ​

As of December 31

In thousands of U.S. Dollars

  ​ ​ ​

2025

  ​ ​ ​

2024

$350 million Revolving Credit Facility

127,000

Former Nordea/SEB Revolving Facility

37,500

$15 million Working Capital Facility

 

1,296

Total debt

127,000

 

38,796

Non-current portion of long-term debt

127,000

 

38,796

Schedule of future minimum repayments under the loan facilities

  ​ ​ ​

As of

  ​ ​ ​

December 31

In thousands of U.S. Dollars

2025

2026

 

2027

 

2028

2029

 

2030

2031

127,000

 

127,000

Schedule of effective interest rate associated with the interest expense for the Company's debt

  ​ ​ ​

For the years ended December 31

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Effective interest rate, excluding commitment fees

5.5%

7.5%

7.8%

Range of interest rates (SOFR)

3.7 % to 4.6 %

4.7 % to 5.4%

4.5 % to 5.4%

Schedule of weighted average effective interest rate on the Company's debt obligations.

For the years ended December 31

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Effective interest rate, excluding commitment fees

5.5%

7.5%

5.8%