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Voyage Expenses and Vessel Operating Expenses

12 Months Ended

Dec. 31, 2018

Voyage Expenses and Vessel Operating Expenses [Abstract]

Voyage Expenses and Vessel Operating Expenses

10. Voyage Expenses and Vessel Operating Expenses

Voyage expenses and vessel operating expenses consist of the following

	For the years ended December 31,
	2018	2017	2016
Voyage expenses:
Commissions	$2,171	$1,977	$2,227
Bunkers	4,360	1,384	903
Port expenses	2,217	1,053	-
Other	365	253	222
Total	$9,113	$4,667	$3,352
Vessel operating expenses:
Crew costs and related costs	$       14,794	$15,558	$14,845
Insurance expense	2,112	2,436	2,935
Spares, repairs, maintenance and other expenses	4,396	4,412	5,294
Stores and lubricants	3,451	3,500	3,871
Management fees (Note 4)	4,221	4,466	4,330
Other operating expenses	1,674	1,492	1,366
Total	$        30,648	$31,864	$32,641

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- Definition

The entire disclosure for voyage and vessel operating expenses relating to the operation and maintenance of the vessels, which are not separately disclosed in the income statement.

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