| Schedule of Long-Term Debt Instruments [Table Text Block] |
|
Borrower
|
|
December 31, 2025
|
|
|
June 30, 2026
|
|
|
Kamsarmax One Shipping Ltd. / Ultra One Shipping Ltd.
|
|
|
27,500,000 |
|
|
|
26,250,000 |
|
|
Kamsarmax Two Shipping Ltd.
|
|
|
11,600,000 |
|
|
|
11,120,000 |
|
|
Light Shipping Ltd. / Good Heart Shipping Ltd.
|
|
|
16,200,000 |
|
|
|
15,300,000 |
|
|
Blessed Luck Shipowners Ltd.
|
|
|
1,915,000 |
|
|
|
1,470,000 |
|
|
Molyvos Shipping Ltd. / Santa Cruz Shipowners Ltd.
|
|
|
11,375,000 |
|
|
|
10,325,000 |
|
|
Yannis Navigation Ltd. / Troboni Shipping Ltd.
|
|
|
13,500,000 |
|
|
|
13,000,000 |
|
|
Christos Ultra LP. / Maria Ultra LP,
|
|
|
18,000,000 |
|
|
|
17,000,000 |
|
|
Aristeidis Shipping Ltd.
|
|
|
3,591,591 |
|
|
|
3,591,591 |
|
| |
|
|
103,681,591 |
|
|
|
98,056,591 |
|
|
Less: Current portion
|
|
|
(12,275,000 |
) |
|
|
(21,990,000 |
) |
|
Long-term portion
|
|
|
91,406,591 |
|
|
|
76,066,591 |
|
|
Deferred charges, current portion
|
|
|
265,735 |
|
|
|
253,235 |
|
|
Deferred charges, long-term portion
|
|
|
537,314 |
|
|
|
415,666 |
|
|
Long-term bank loans, current portion net of deferred charges
|
|
|
12,009,265 |
|
|
|
21,736,765 |
|
|
Long-term bank loans, long-term portion net of deferred charges
|
|
|
90,869,277 |
|
|
|
75,650,925 |
|
|
| Schedule of Maturities of Long-Term Debt [Table Text Block] |
|
To June 30:
|
|
|
|
|
|
2027
|
|
|
21,990,000 |
|
|
2028
|
|
|
16,725,000 |
|
|
2029
|
|
|
8,500,000 |
|
|
2030
|
|
|
25,591,591 |
|
|
2031
|
|
|
17,250,000 |
|
|
Thereafter
|
|
|
8,000,000 |
|
|
Total
|
|
|
98,056,591 |
|
|