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Vessels, net and advances for vessels under construction (Tables)
12 Months Ended
Dec. 31, 2022
Vessels Net And Advances For Vessels Under Construction  
Vessels, net and advances for vessels under construction (Table)

Vessels, net and advances for vessels under construction (Table)

Vessel cost   Accumulated depreciation   Net book value
Balance as at January 1, 2021 $ 923,020   $ (210,823)   $ 712,197
Vessel acquisitions   1,256,858         1,256,858
Vessel disposals   (180,358)     36,123     (144,235)
Improvements   374         374
Depreciation for the year       (43,336)     (43,336)
Balance as at December 31, 2021 $ 1,999,894   $ (218,036)   $ 1,781,858
Vessel acquisitions   121,583         121,583
Advances for vessels under construction – related party (Note 4)   24,000         24,000
Vessel disposals   (143,692)     63,159     (80,533)
Improvements   1,873         1,873
Depreciation for the year       (66,884)     (66,884)
Balance as at December 31, 2022 $ 2,003,658   $ (221,761)   $ 1,781,897
Vessels, net and advances for vessels under construction - Disposals (Table)

Vessels, net and advances for vessels under construction - Disposals (Table)

Vessel   M/V Agamemnon     M/V Archimidis     Total
Sale price $ 65,000   $ 65,000   $ 130,000
Carrying value on sale   (41,806)     (38,727)     (80,533)
Other sale expenses   (1,099)     (1,093)     (2,192)
Gain on sale $ 22,095   $ 25,180   $ 47,275
Vessels, net and advances for vessels under construction - Disposals (Table)
Vessel   M/V CMA CGM Magdalena     M/V Adonis     Total
Sale price $ 99,000   $ 96,000   $ 195,000
Carrying value on sale   (71,598)     (72,637)     (144,235)
Other sale expenses   (2,018)     (1,935)     (3,953)
Gain on sale $ 25,384   $ 21,428   $ 46,812