As of December 31, 2022

As of December 31, 2021

Rate of interest

Credit facilities

(i)

Issued in September 2017 fully repaid in August 2022 (the “2017 credit facility”)

$

—

$

106,047

Margin + Libor

(ii)

Issued in January 2020 fully repaid in August 2022 (the “2020 credit facility”)

—

32,480

Margin + Libor

(iii)

Issued in January 2021 maturing in February 2026 (the “CMTC Seller’s Credit”)

6,000

Fixed rate

(iv)

Issued in August 2021 fully repaid in July 2022 (the “CGC Seller’s Credit”)

—

5,000

Fixed rate

(v)

Issued in August 2021 fully repaid in July 2022 (the “CGC Seller’s Credit”)

—

5,000

Fixed rate

(vi)

Assumed in December 2021 maturing in December 2027 (the “2021 credit facility”)

110,827

120,566

Margin + Libor

(vii)

Issued in October 2022 maturing in October 2028 (the “2022 credit facility”)

105,000

—

Margin + Secured Overnight Financing Rate (“SOFR”)

Sale and lease back agreements

(viii)

Issued in January 2020 maturing in January 2025 (the “2020 CMBFL”)

29,700

32,900

Margin + Libor

(ix)

Issued in January 2020 maturing in January 2025 (the “2020 CMBFL”)

29,700

32,900

Margin + Libor

(x)

Issued in May 2020 maturing in May 2027 (the “ICBCFL”)

41,996

45,660

Margin + Libor

(xi)

Issued in January 2021 maturing in February 2026 (the “2021 CMBFL - Panamax”)

8,083

9,184

Margin + Libor

(xii)

Issued in January 2021 maturing in February 2026 (the “2021 CMBFL - Panamax”)

8,083

9,184

Margin + Libor

(xiii)

Issued in January 2021 maturing in February 2026 (the “2021 CMBFL - Panamax”)

8,083

9,184

Margin + Libor

(xiv)

Assumed in September 2021 maturing in October 2027 (the “2021 Bocomm”)

138,888

144,744

Margin + Libor

(xv)

Assumed in September 2021 maturing in May 2028 (the “2021 Bocomm”)

132,217

151,299

Margin + Libor

(xvi)

Assumed in November 2021 maturing in August 2028 (the “2021 CMBFL - LNG/C”)

139,183

146,315

Margin + Libor

(xvii)

Assumed in November 2021 maturing in September 2028 (the “2021 CMBFL - LNG/C”)

138,072

147,493

Margin + Libor

(xviii)

Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”)

136,778

142,609

Fixed rate

Unsecured Bonds

(xix)

Issued in October 2021 maturing in October 2026 (the “2021 Bonds”)

159,966

170,862

Fixed rate

(xx)

Issued in July 2022 maturing in July 2029 (the “2022 Bonds”)

106,644

—

Fixed rate

Total long-term debt

1,299,220

1,317,427

Less: Deferred loan and financing arrangements issuance costs

10,142

8,453

Total long-term debt, net

1,289,078

1,308,974

Less: Current portion of long-term debt

75,438

100,144

Add: Current portion of deferred loan and financing arrangements issuance costs

2,225

2,265

Long-term debt, net

$

1,215,865

$

1,211,095