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Transactions with Related Parties
 6 Months Ended
Jun. 30, 2024
Transactions/Investments with Related Parties and Other [Abstract]  
Transactions with Related Parties
 
3.
 
Transactions with related parties
a)
 
Altair
 
Travel
 
Agency
 
S.A.
 
(“Altair”):
 
The
 
Company
 
uses
 
the
 
services
 
of
 
an
 
affiliated
 
travel
agent, Altair,
 
which is controlled by
 
the Company’s CEO
 
Mrs. Semiramis Paliou.
 
Travel expenses for
 
the
six months ended June 30, 2024 and 2023
 
amounted to $
1,288
 
and $
1,311
, respectively,
 
and are mainly
included
 
in
 
vessel
 
operating
 
expenses
 
and
 
general
 
and
 
administrative
 
expenses
 
in
 
the
 
accompanying
unaudited
 
interim
 
consolidated
 
statements
 
of
 
comprehensive
 
income/(loss).
 
As
 
of
 
June
 
30,
 
2024
 
and
December
 
31,
 
2023,
 
an
 
amount
 
of
 
$
219
 
and
 
$
62
,
 
respectively,
 
was
 
due
 
to
 
Altair,
 
included
 
in
 
due
 
to
related parties in the accompanying consolidated balance sheets.
 
b)
 
Steamship Shipbroking Enterprises Inc. or
 
Steamship:
 
Steamship is a company controlled by
our CEO
 
Mrs. Semiramis
 
Paliou.
 
Steamship provides
 
brokerage services
 
to DSI
 
for a
 
fixed monthly
 
fee
plus
 
commissions
 
on
 
the
 
sale
 
and
 
purchase
 
of
 
vessels,
 
pursuant
 
to
 
a
 
Brokerage
 
Services
 
Agreement
dated February 23,
 
2024. For the
 
six months ended
 
June 30, 2024
 
and 2023,
 
brokerage fees amounted
to
 
$
1,950
 
and
 
$
1,950
,
 
respectively,
 
included
 
in
 
general
 
and
 
administrative
 
expenses
 
in
 
the
accompanying
 
unaudited
 
interim
 
consolidated
 
statements
 
of
 
comprehensive
 
income/(loss).
 
For
 
the
 
six
months ended
 
June 30, 2024
 
and 2023, the
 
Company also
 
paid commissions on
 
the sale
 
and purchase
of vessels which amounted
 
to $
195
 
and $
226
, respectively,
 
included in the gain
 
on sale of vessels
 
in the
accompanying
 
unaudited
 
interim
 
consolidated
 
statements
 
of
 
comprehensive
 
income/(loss).
 
As
 
of
 
June
30,
 
2024
 
and
 
December
 
31,
 
2023,
 
an
 
amount
 
of
 
$
0
 
and
 
$
697
,
 
respectively,
 
was
 
due
 
to
 
Steamship,
included in due to related parties in the accompanying consolidated
 
balance sheets.