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Transactions with related parties
6 Months Ended
Jun. 30, 2025
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, 2025 and are discussed in Note 3 of the Company’s consolidated financial statements for the year ended December 31, 2024, included in the 2024 Annual Report.

 Transactions and balances with related parties are analyzed as follows:

Balance Sheets

    December 31, 2024     June 30, 2025
Long term investment          
Interchart  $ 1,361   $ 1,306
Starocean   247     284
CCL Pool   125     125
Long term investment $ 1,733   $ 1,715
           
Due from related parties          
Oceanbulk Maritime S.A. and its affiliates     2      2
Starocean     35      34
Due from related parties $ 37   $ 36
           
Due to related parties          
Management and Directors Fees    178      119
Oceanbulk Maritime S.A. and its affiliates       8
Iblea Ship Management Limited and its affiliates   3,096      1,266
Due to related parties $ 3,274   $ 1,393

 

 

3.            Transactions with related parties - continued:

Income statements

   Six months ended June 30, 
        2024     2025
 Voyage expenses:           
 Voyage expenses-Interchart   $  (2,070)    $  (2,070)
 General and administrative expenses:           
 Consultancy fees    $  (394)    $  (395)
 Directors compensation       (82)       (86)
 Office rent - Combine Marine Ltd. &  Alma Properties     (19)     (21)
 General and administrative expenses - Oceanbulk Maritime S.A. and its affiliates     (130)    
 Management fees:           
 Management fees- Iblea Ship Management Limited     (1,201)     (1,465)
 Equity in income/(loss) of investee           
 Interchart   $  24    $  (55)
 Starocean    (13)     37