| Schedule of vessels, net |
| | | | | | | | | | | | | | | | Accumulated | | | | | | | Cost | | depreciation | | Net book Value | | Balance, April 1, 2026 | | $ | 1,869,540,238 | | $ | (653,609,628) | | $ | 1,215,930,610 | | Other additions | | | 120,617 | | | — | | | 120,617 | | Transfer to vessels held for sale | | | (252,387,695) | | | 98,878,005 | | | (153,509,690) | | Disposals & other movements | | | (81,202,110) | | | 31,419,076 | | | (49,783,034) | | Depreciation | | | — | | | (15,947,275) | | | (15,947,275) | | Balance, June 30, 2026 | | $ | 1,536,071,050 | | $ | (539,259,822) | | $ | 996,811,228 | |
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