v3.25.4
Income taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income taxes  
Schedule of components of income tax

  ​ ​ ​

For the years ended December 31

In thousands of U.S. Dollars

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Current tax expenses

(241)

 

(215)

 

(435)

Income tax expense for year

(241)

 

(215)

 

(435)

Schedule of differences between income taxes expected at the Marshall Islands statutory income tax rate for non-resident companies of zero percent and the reported income tax expense

For the years ended December 31

 

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

 

Marshall Islands statutory income tax rate

 

0.00

%  

0.00

%  

0.00

%

Income subject to tax in other jurisdictions

 

0.58

%  

0.16

%  

0.37

%

Effective tax rate

 

0.58

%  

0.16

%  

0.37

%