| Long-Term Debt, net - Consolidated statement of financial position |
Long-Term Debt, net - Consolidated statement of financial position
| |
Borrowers
/ Lenders |
|
Principal |
|
Deferred
finance costs |
|
Modification
of Loan |
|
Accrued
Interest |
|
Amortized
cost |
(a) |
Serena
Maritime Limited, Salaminia Maritime Limited, Talisman Maritime Limited and Argo Maritime Limited. / First Citizens Bank & Trust
Company (formerly known as CIT Bank N.A.) |
|
34,622 |
|
(145) |
|
(333) |
|
279 |
|
34,423 |
| (b) |
Calypso Shipholding S.A. / Marguerite Maritime S.A.
|
|
20,640 |
|
(222) |
|
— |
|
113 |
|
20,531 |
| |
Total
Long-term debt at June 30, 2026 |
|
55,262 |
|
(367) |
|
(333) |
|
392 |
|
54,954 |
| |
Less:
Current Portion |
|
(6,165) |
|
206 |
|
300 |
|
(392) |
|
(6,051) |
| |
Long-Term
Portion |
|
49,097 |
|
(161) |
|
(33) |
|
— |
|
48,903 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Total
Long-term debt at December 31, 2025 |
|
58,345 |
|
(471) |
|
(482) |
|
440 |
|
57,832 |
| |
Less:
Current Portion |
|
(6,165) |
|
208 |
|
300 |
|
(440) |
|
(6,097) |
| |
Long-Term
Portion |
|
52,180 |
|
(263) |
|
(182) |
|
— |
|
51,735 |
| |
|
|
|
|
|
|
|
|
|
|
|
| (c) |
Daxos Maritime Limited / SK Shipholding S.A.
|
|
25,903 |
|
(271) |
|
— |
|
— |
|
25,632 |
| |
|
|
|
|
|
|
|
|
|
|
|
| (d) |
Paralus Shipholding S.A. / Shankyo Shoji Co. Ltd. and Greatsail Shipping S.A. |
|
23,702 |
|
(242) |
|
— |
|
— |
|
23,460 |
| |
|
|
|
|
|
|
|
|
|
|
|
| (e) |
Olympia Shipholding S.A. / SK Shipholding S.A. |
|
1,400 |
|
— |
|
— |
|
— |
|
1,400 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Total
Financial liabilities at June 30, 2026 |
|
51,005 |
|
(513) |
|
— |
|
— |
|
50,492 |
| |
Less:
Current Portion |
|
(1,973) |
|
57 |
|
— |
|
— |
|
(1,916) |
| |
Long-Term
Portion |
|
49,032 |
|
(456) |
|
— |
|
— |
|
48,576 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Total
Financial liabilities at December 31, 2025 |
|
51,954 |
|
(541) |
|
— |
|
— |
|
51,413 |
| |
Less:
Current Portion |
|
(1,942) |
|
57 |
|
— |
|
— |
|
(1,885) |
| |
Long-Term
Portion |
|
50,012 |
|
(484) |
|
— |
|
— |
|
49,528 |
|
| Long-Term Debt, net - Annual loan principal payments |
Long-Term
Debt, net - Annual loan principal payments
| June
30, |
|
First
Citizens Bank & Trust Company (formerly known as CIT Bank N.A.) |
|
Marguerite
Maritime S.A. |
|
SK
Shipholding S.A. / Daxos Maritime Limited |
|
Shankyo
Shoji Co. Ltd. and Greatsail Shipping S.A. |
SK Shipholding S.A. / Olympia Shipholding S.A. |
|
Total |
| 2027 |
|
4,984 |
|
1,180 |
|
1,095 |
|
821 |
57 |
|
8,137 |
| 2028 |
|
29,638 |
|
1,180 |
|
1,162 |
|
885 |
62 |
|
32,927 |
| 2029 |
|
— |
|
18,280 |
|
1,168 |
|
931 |
62 |
|
20,441 |
| 2030 |
|
— |
|
— |
|
1,201 |
|
995 |
62 |
|
2,258 |
| 2031
and thereafter |
|
— |
|
— |
|
21,277 |
|
20,070 |
1,157 |
|
42,504 |
| Total |
|
34,622 |
|
20,640 |
|
25,903 |
|
23,702 |
1,400 |
|
106,267 |
|