v3.26.1
Long-Term Debt, net (Tables)
6 Months Ended
Jun. 30, 2026
Long-Term Debt, net  
Schedule of long-term debt, net

Long-term debt, net consisted of the following (in thousands of US$):

As of

As of

Credit Facility

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Syndicated $450.0 mil. Facility

$

$

335,210

Citibank $382.5 mil. Revolving Credit Facility

Syndicated $850.0 mil. Facility

JOLCO Facilities

732,725

79,806

KfW $132.0 mil. Facility

Senior unsecured notes

500,000

762,766

Total long-term debt

$

1,232,725

$

1,177,782

Less: Deferred finance costs (long term portion)

(19,016)

(17,032)

Less: Unamortized debt discount

(2,989)

(3,226)

Less: Current portion, gross of deferred finance costs

(26,629)

(285,448)

Total long-term debt net of current portion and long term portion of deferred finance costs

$

1,184,091

$

872,076

Schedule of JOLCO facilities

Below is a summary of JOLCO facilities (amounts in millions of US$):

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Facility

  ​ ​ ​

Balance as of

Vessel/Hull No.

Signing Date

Drawdown Date

Amount

June 30, 2026

Phoebe

 

October 2025

October 2025

$

80.0

$

78.6

Greenhouse

 

December 2025

January 2026

$

80.0

$

79.1

Interasia Accelerate

 

March 2026

March 2026

$

85.5

$

84.5

Interasia Amplify

 

March 2026

March 2026

$

85.5

$

84.5

Catherine C

 

March 2026

March 2026

$

100.0

$

99.4

Greenland

 

March 2026

April 2026

$

100.0

$

99.6

Greenville

 

March 2026

June 2026

$

103.5

$

103.5

Greenfield

 

March 2026

June 2026

$

103.5

$

103.5

CV5900-09

 

May 2026

May 2027(1)

$

68.0

$

C7100-9

 

May 2026

July 2027(1)

$

84.0

$

C7100-10

 

May 2026

August 2027(1)

$

84.0

$

$

732.7

(1)

The undrawn facility amount is subject to customary conditions precedent to drawdown under the respective agreement.

Schedule of debt maturities of long-term debt

The scheduled debt maturities of long-term debt subsequent to June 30, 2026 are as follows (in thousands of US$):

Principal

Payments due by twelve month period ending:

  ​ ​ ​

repayments

June 30, 2027

$

26,629

June 30, 2028

31,249

June 30, 2029

33,134

June 30, 2030

35,041

June 30, 2031

37,058

June 30, 2032 and thereafter

1,069,614

Total long-term debt

$

1,232,725

Schedule of Interest and finance costs

The amounts of “Interest and finance costs” included in the condensed consolidated income statements are analyzed as follows (in thousands of US$):

  ​ ​ ​

Six months ended June 30,

2026

2025

Interest on secured and unsecured credit facilities

$

34,541

$

27,437

Less: Interest capitalized

 

(16,320)

 

(9,268)

Amortization of debt issuance costs & debt discount

 

1,765

 

1,545

Interest and finance costs

$

19,986

$

19,714