Fixed Assets (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Fixed Assets |
|
| Fixed Assets - Vessels, net (Table) |
Fixed Assets - Vessels, net (Table)
|
Vessel cost |
|
Accumulated depreciation |
|
Net book value |
| Balance as at January 1, 2024 |
$ |
1,910,692 |
|
$ |
(85,791) |
|
$ |
1,824,901 |
| Vessel acquisitions |
|
1,150,782 |
|
|
— |
|
|
1,150,782 |
| Improvements |
|
141 |
|
|
— |
|
|
141 |
| Depreciation for the year |
|
— |
|
|
(76,454) |
|
|
(76,454) |
| Balance as at December 31, 2024 |
$ |
3,061,615 |
|
$ |
(162,245) |
|
$ |
2,899,370 |
| Improvements |
|
72 |
|
|
— |
|
|
72 |
| Depreciation for the year |
|
— |
|
|
(87,065) |
|
|
(87,065) |
| Balance as at December 31, 2025 |
$ |
3,061,687 |
|
$ |
(249,310) |
|
$ |
2,812,377 |
|
| Fixed Assets - Vessel acquisitions (Table) |
Fixed Assets - Vessel acquisitions (Table)
| Vessel |
Delivery Date |
|
Consideration |
|
Debt (Note 8) |
|
Umbrella Seller’s Credit (Note 8) |
|
Advances |
|
Cash |
| LNG/C Axios II |
January 2, 2024 |
$ |
314,000 |
$ |
190,000 |
$ |
92,600 |
$ |
31,400 |
$ |
— |
| LNG/C Assos |
May 31, 2024 |
|
277,000 |
|
240,000 |
|
— |
|
27,700 |
|
9,300 |
| LNG/C Aktoras |
June 5, 2024 |
|
311,000 |
|
240,000 |
|
39,900 |
|
31,100 |
|
— |
| LNG/C Apostolos |
June 28, 2024 |
|
302,000 |
|
192,000 |
|
2,264 |
|
30,200 |
|
77,536 |
| Total |
|
$ |
1,204,000 |
$ |
862,000 |
$ |
134,764 |
$ |
120,400 |
$ |
86,836 |
|
| Fixed Assets - Vessel acquisitions 2024 (Table) |
Fixed Assets - Vessel acquisitions 2024 (Table)
| Vessels, net |
$ |
1,150,782 |
| Above market acquired charters (Note 7) |
|
58,254 |
| Below market acquired charters (Note 7) |
|
(5,036) |
| Total |
$ |
1,204,000 |
|
| Fixed Assets - additional vessels latest technology under construction cost (Table) |
Fixed Assets - vessels additional latest technology under construction cost (Table)
| |
|
|
|
|
| |
|
|
|
|
| Hull Number/Vessel name |
CBM |
|
Contract price |
Expected delivery |
| LNG/C Amfialos (Hull No.8327) |
174,000 |
$ |
248,000 |
August 2028 |
| LNG/C Amfilochos (Hull No.8328) |
174,000 |
|
248,000 |
January 2029 |
| LNG/C Amissos (Hull No.8329) |
174,000 |
|
248,000 |
February 2029 |
|
| Fixed Assets - vessels under construction cost (Table) |
Fixed Assets - vessels under construction cost (Table)
| |
|
Vessels under construction cost |
| Balance as at January 1, 2024 |
$ |
140,369 |
| Advances and initial expenses for vessels under construction |
|
249,921 |
| Balance as at December 31, 2024 |
$ |
390,290 |
| Advances and initial expenses for vessels under construction |
|
314,111 |
| Balance as at December 31, 2025 |
$ |
704,401 |
|
| Fixed Assets - Advances for vessels under construction - related party (Table) |
Fixed Assets - Advances for vessels under construction - related party (Table)
| |
|
Advances for vessels under construction-related party |
| Balance as at January 1, 2024 |
$ |
174,400 |
| Transfer to vessels, net |
|
(120,400) |
| Balance as at December 31, 2024 |
$ |
54,000 |
|
| |
- |
| Balance as at December 31, 2025 |
$ |
54,000 |
|