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Transactions with Related Parties
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Transactions with Related Parties:

3.       Transactions with Related Parties:

 

Details of the Company’s transactions with related parties did not change in the six-month period ended June 30, 2018 and are discussed in Note 3 of the Company’s consolidated financial statements for the year ended December 31, 2017, included in the 2017 Annual Report.

 

Transactions and balances with related parties are analyzed as follows:

Balance Sheets

      December 31, 2017     June 30, 2018
Due from related parties            
Oceanbulk Maritime S.A. and its affiliates   $ 107   $ -   
Sydelle Marine Limited                              44     -   
Product Shipping & Trading S.A     -        15
Starocean Manning Philippines Inc.     80     65
Due from related parties   $ 231   $ 80
             
Due to related parties            
Combine Marine Ltd.   $ -        8
Management and Directors Fees     229   $ 138
Sydelle Marine Limited     -        47
Managed Vessels of Oceanbulk Shipping LLC     -        62
Due to related parties   $ 229   $ 255

 

 

 

Statements of Operations

Six months ended June 30,

      2017     2018
Voyage expenses-Interchart   $ (1,650)       (1,650)  
Executive directors consultancy fees     (250)       (262)  
Non-executive directors compensation     (72)       (72)  
Office rent - Combine Marine Ltd. &  Alma Properties     (19)       (19)  
Voyage revenues - profit sharing agreement-Sydelle Marine Limited                                (159)                              (4)