v3.26.1
Vessel Revenue, net and Voyage Expenses (Tables)
6 Months Ended
Jun. 30, 2026
Vessel Revenue, net and Voyage Expenses [Abstract]  
Income Derived from Time Charters The following table presents the Company’s income statement figures derived from time charters for the six-month periods ended June 30, 2026 and 2025:

   
  June 30,
2026
   
 June 30,
2025
 
Vessel revenues from spot charters, net of commissions
    -    
  3,620
 
Vessel revenues from time charters, net of commissions
   
17,937
     
16,607
 
Total
   
17,937
     
20,227
 
Revenue from Charterers
Charterers individually accounting for more than 10% of revenues for the six-month periods ended June 30, 2026 and 2025 were:

Customer
 
2026
 
2025
A
 
22%
 
14%
B
 
16%
 
-
C
 
16%
 
-
D
 
16%
 
26%
E   15%   -
F
  15%   14%
G
  -   37%
Total
 
100%
 
91%
Voyage Expenses
The following table presents the Company’s statement of operations’ figures derived from time charters and for unfixed periods for the period from for the six-month periods ended June 30, 2026 and 2025:

   
  June 30,
2026
   
  June 30,
2025
 
Voyage expenses from time charters
   
735
     
836
 
Voyage expenses from spot charters
     -
       1,371
 
Voyage expenses for unfixed periods
   
-
     
369
 
Total
   
735
     
2,576