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OceanPal Spin-off (Tables)

12 Months Ended

Dec. 31, 2021

Nonmonetary Transactions [Abstract]

Schedule of total assets contribution

The distribution was recorded at fair values, as follows:

​	​	​	​	​	​	​	​	​	​
​	​	Fair value		​	Book value		​	​	​
(amounts in thousands of US$)	​	November 29, 2021					​	Gain
Cash and cash equivalents		$	1,000		$	1,000		$	—
Receivables	​		835		​	835		​	—
Inventories	​		209		​	209		​	—
Vessels, net (Note 5)	​		46,040		​	30,302		​	15,738
Unamortized deferred costs	​		—		​	486		​	(486)
Total assets contributed	​	$	48,084		$	32,832		$	15,252

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Tabular disclosure total assets contributed in Spin-off transactions.

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