Revenue (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Revenue |
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| Schedule of revenue generated from voyage and time charter agreements |
| | | | | | | | | For the six months ended June 30, | USD | | 2026 | | 2025 | Voyage charter | | $ | 474,256,881 | | $ | 172,125,286 | Time charter | | | 14,760,712 | | | 1,969,500 | Total | | $ | 489,017,593 | | $ | 174,094,786 |
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| Schedule of earned revenue under voyage charters |
| | | | | | | | | For the six months ended June 30, | USD | | 2026 | | 2025 | Freight | | $ | 403,763,446 | | $ | 158,445,650 | Demurrages | | | 70,493,435 | | | 13,679,636 | Total | | $ | 474,256,881 | | $ | 172,125,286 |
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| Schedule of lease and non-lease components of revenue under time charter |
| | | | | | | | | For the six months ended June 30, | USD | | 2026 | | 2025 | Lease component | | $ | 13,355,987 | | $ | 1,698,950 | Non-lease component | | | 1,404,725 | | | 270,550 | Total | | $ | 14,760,712 | | $ | 1,969,500 |
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| Schedule of disaggregation of revenue based on continent |
| | | | | | | | | For the six months ended June, | USD | | 2026 | | 2025 | Europe | | $ | 267,995,906 | | $ | 92,258,864 | Asia | | | 185,857,250 | | | 64,445,219 | North America | | | 34,531,947 | | | 13,625,121 | South America | | | 632,490 | | | 3,765,582 | Total | | $ | 489,017,593 | | $ | 174,094,786 |
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