v3.25.4
Prepaid expenses and other current assets
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid expenses and other current assets

NOTE 5 – PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:

 

 

December 31, 2025

 

 

December 31, 2024

 

Prepaid voyage costs

 

$

6,002

 

 

$

5,574

 

Inventories

 

 

31,944

 

 

 

32,793

 

Claims receivable

 

 

4,764

 

 

 

5,719

 

Other

 

 

20,100

 

 

 

16,808

 

Total prepaid expenses and other current assets

 

$

62,810

 

 

$

60,894

 

 

Inventories are comprised of bunkers, lubricants and stores remaining on board as of December 31, 2025 and 2024.

Claims receivable mainly represent claims against vessels’ insurance underwriters in respect of damages arising from accidents or other insured risks, as well as claims under charter contracts.