v3.26.1
Commitments and Contingencies (Tables)
3 Months Ended
Jun. 30, 2026
Newbuilding Contracts  
Commitments and Contingencies  
Schedule of commitments and contingencies

On June 22, 2026, we entered into an agreement for a newbuilding dual-fuel Panamax VLGC with a cargo carrying capacity of 90,000 cbm that is expected to be delivered from HD Hyundai Heavy Industries Co. Ltd. in the third calendar quarter of 2029. As of June 30, 2026, we had the following commitments related to the construction of the newbuilding:

June 30, 2026

Less than one year

$

23,060,000

One to three years

$

23,060,000

Three to five years

$

69,180,000

Total

$

115,300,000

Time charter-in contracts  
Commitments and Contingencies  
Schedule of commitments and contingencies

During the three months ended June 30, 2026, we had the following time charter-in commitments relating to VLGCs:

June 30, 2026

Less than one year

$

1,466,601

Denmark office  
Commitments and Contingencies  
Schedule of commitments and contingencies

We had the following commitments as a lessee under operating leases relating to our Denmark office:

June 30, 2026

Less than one year

$

62,647