Consolidated Statements of Comprehensive Income/(Loss) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| REVENUES: | ||||
| Voyage revenues | $ 14,610 | $ 9,538 | $ 26,858 | $ 18,157 |
| Total Revenues | 14,610 | 9,538 | 26,858 | 18,157 |
| EXPENSES & OTHER OPERATING INCOME: | ||||
| Voyage expenses, net | (206) | (524) | (413) | (1,044) |
| Gain on sale of bunkers, net | 1,217 | 0 | 1,710 | 0 |
| Vessel operating expenses | (4,739) | (4,602) | (8,904) | (9,313) |
| Depreciation | (2,506) | (2,490) | (4,980) | (4,971) |
| Depreciation of dry-docking costs | (1,061) | (1,165) | (2,105) | (2,427) |
| Administrative expenses | (978) | (937) | (2,344) | (2,130) |
| Administrative expenses payable to related parties | (805) | (207) | (1,586) | (396) |
| Gain from sale of vessel | 0 | 0 | 0 | 2,137 |
| Other income/(expenses), net | 9 | (21) | (15) | (56) |
| Operating income/(loss) | 5,541 | (408) | 8,221 | (43) |
| Interest income | 214 | 627 | 398 | 1,005 |
| Interest expense and finance costs | (1,720) | (2,069) | (3,476) | (4,221) |
| Gain on derivative financial instruments, net | 0 | 31 | 4 | 8 |
| Foreign exchange gains / (losses), net | 4 | (49) | (19) | (99) |
| TOTAL (LOSS)/INCOME FOR THE PERIOD | 4,039 | (1,868) | 5,128 | (3,350) |
| Other Comprehensive Income | 0 | 0 | 0 | 0 |
| TOTAL COMPREHENSIVE (LOSS)/INCOME FOR THE PERIOD | $ 4,039 | $ (1,868) | $ 5,128 | $ (3,350) |
| Income/(Loss) per share (U.S.$): | ||||
| -Diluted income per share for the period | $ 0.19 | $ (0.09) | $ 0.24 | $ (0.16) |
| -Basic income per share for the period | $ 0.19 | $ (0.09) | $ 0.24 | $ (0.16) |
| X | ||||||||||
- Definition The amount of expenses that the entity classifies as being administrative resulting from related party transactions. No definition available.
|
| X | ||||||||||
- Definition The amount of depreciation of dry-docking costs. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of income arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|