v3.26.1
SEGMENT REPORTING (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
USD ($)
segment
Mar. 31, 2025
USD ($)
SEGMENT REPORTING    
Number of reportable segments | segment 2  
Revenues $ 114,429 $ 71,269
Voyage expenses 36,276 27,354
Charter hire expenses 6,096 2,285
Other (income) expense (96) 13
Vessel operating expenses 26,560 24,916
General and administrative expenses 8,109 7,494
Technical management expenses 760 1,325
Depreciation and amortization 21,038 17,665
Impairment of vessel assets 527 0
Net gain on sale of vessels (2,075)  
Other operating expense 3,826  
Interest income (665) (370)
Interest expense 4,498 2,549
Net income (loss) 9,575 (11,962)
Voyage revenues    
SEGMENT REPORTING    
Revenues 114,429 71,269
Operating Segments    
SEGMENT REPORTING    
Voyage expenses 36,276 27,354
Charter hire expenses 6,096 2,285
Other (income) expense 40 (8)
Net Voyage revenue 72,017 41,638
Vessel operating expenses 26,560 24,916
Net income (loss) 45,457 16,722
Operating Segments | Voyage revenues    
SEGMENT REPORTING    
Revenues 114,429 71,269
Operating Segments | Major Bulk    
SEGMENT REPORTING    
Voyage expenses 17,269 13,572
Other (income) expense 40  
Net Voyage revenue 39,250 17,479
Vessel operating expenses 11,395 10,270
Net income (loss) 27,855 7,209
Operating Segments | Major Bulk | Voyage revenues    
SEGMENT REPORTING    
Revenues 56,559 31,051
Operating Segments | Minor Bulk    
SEGMENT REPORTING    
Voyage expenses 19,007 13,782
Charter hire expenses 6,096 2,285
Other (income) expense   (8)
Net Voyage revenue 32,767 24,159
Vessel operating expenses 15,165 14,646
Net income (loss) 17,602 9,513
Operating Segments | Minor Bulk | Voyage revenues    
SEGMENT REPORTING    
Revenues 57,870 40,218
Corporate Reconciling items    
SEGMENT REPORTING    
Other (income) expense (136) 21
General and administrative expenses 8,109 7,494
Technical management expenses 760 1,325
Depreciation and amortization 21,038 17,665
Impairment of vessel assets 527  
Net gain on sale of vessels (2,075)  
Other operating expense 3,826  
Interest income (665) (370)
Interest expense $ 4,498 $ 2,549