| Voyage Expenses, Net and Vessel Operating Expenses |
12. Voyage Expenses, Net and Vessel Operating Expenses Voyage expenses and vessel operating expenses consist of the following: Voyage expenses and vessel operating expenses (Table)
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For the years ended December 31, |
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2025 |
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2024 |
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2023 |
| Voyage expenses: |
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| Commissions |
$ |
7,784 |
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$ |
6,565 |
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$ |
3,643 |
| Bunkers |
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(1,069) |
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715 |
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5,320 |
| Port expenses |
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— |
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74 |
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2,246 |
| Other |
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1,018 |
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2,479 |
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410 |
| Total |
$ |
7,733 |
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$ |
9,833 |
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$ |
11,619 |
| Vessel operating expenses: |
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| Crew costs and related costs |
$ |
30,487 |
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$ |
29,730 |
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$ |
22,324 |
| Insurance expense |
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4,430 |
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4,706 |
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3,260 |
| Spares, repairs, maintenance and other expenses |
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15,135 |
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7,379 |
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5,274 |
| Stores and lubricants |
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5,687 |
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5,366 |
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4,365 |
| Management fees (Note 5) |
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9,144 |
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8,722 |
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6,165 |
| Other operating expenses |
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3,344 |
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2,989 |
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2,705 |
| Total |
$ |
68,227 |
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$ |
58,892 |
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$ |
44,093 |
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