v3.26.1
Vessels, net (Tables)
 6 Months Ended
Jun. 30, 2026
Vessels, net [Abstract]  
Vessels, net
The balances in the accompanying unaudited interim condensed consolidated balance sheets are analyzed as follows:

   
Vessel Cost
    
Accumulated
Depreciation
    
Net
Book Value
  
Balance, December 31, 2025
    
126,646
      
(20,457
)
    
106,189
  
— Depreciation
    
-
      
(2,089
)
    
(2,089
)
Balance, June 30, 2026
    
126,646
      
(22,546
)
    
104,100
  
Advances for Vessels Under Construction Contract
An analysis of Advances for vessels under construction is as follows:

   
Advances for
vessels under
construction
  
Balance, December 31, 2025
    
-
  
— Additions
    
18,292
  
— Capitalized Newbuilding vessel monitoring fees
    
432
  
— Advances paid
    
11,932
  
— Capitalized expenses
    
494
  
— Capitalized Imputed interest
    
376
  
— Foreign currency translation differences
    
(165
)
Balance, June 30, 2026
    
31,361