v3.26.1
Note 5 - Segmental Financial Information (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]

For the six-month period ended June 30, 2026

 
  

Container vessels segment

  

NML

  

Total

 

Voyage revenue

 $402,311  $-  $402,311 

Income from investments in leaseback vessels

  -   17,932   17,932 

Total revenues

 $402,311  $17,932  $420,243 
             

Less (1):

            

Voyage expenses

  (30,859)  -    

Voyage expenses-related parties

  (5,032)  -    

Vessels’ operating expenses

  (84,089)  -    

Interest and finance costs

  (31,157)  (5,352)   

Other segment items (2)

  (76,522)  -    

Segment profit

 $174,652  $12,580  $187,232 
             

Reconciliation of segment profit or loss:

            

General and administrative expenses

        (6,842)

General and administrative expenses – related parties

        (6,085)

Management fees-related parties

        (14,784)

Foreign exchange losses

        (976)

Interest income

        6,652 

Other, net

        278 

Gain on derivative instruments, net

        326 

Net income from continuing operations

       $165,801 

For the six-month period ended June 30, 2025

 
  

Container vessels segment

  

NML

  

Total

 

Voyage revenue

 $428,078  $-  $428,078 

Income from investments in leaseback vessels

  -   12,682   12,682 

Total revenues

 $428,078  $12,682  $440,760 
             

Less (1):

            

Voyage expenses

  (23,383)  -    

Voyage expenses-related parties

  (5,819)  -    

Vessels’ operating expenses

  (79,171)  -    

Interest and finance costs

  (39,727)  (5,483)   

Other segment items (2)

  (73,022)  -    

Segment profit

 $206,956  $7,199  $214,155 
             

Reconciliation of segment profit or loss:

            

General and administrative expenses

        (5,781)

General and administrative expenses – related parties

        (4,294)

Management fees-related parties

        (14,178)

Foreign exchange gains

        2,571 

Interest income

        11,779 

Other, net

        27 

Gain on derivative instruments, net

        13,767 

Net income from continuing operations

       $218,046 

As of June 30, 2026

 
  

Container vessels segment

  

NML

  

Total assets

 

Total Assets

 $3,589,602  $419,108  $4,008,710 

As of December 31, 2025

 
  

Container vessels segment

  

NML

  

Total assets

 

Total Assets

 $3,416,122  $446,540  $3,862,662