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VOYAGE REVENUES

6 Months Ended

Jun. 30, 2022

VOYAGE REVENUES

VOYAGE REVENUES

11 – VOYAGE REVENUES

Total voyage revenues include revenue earned on fixed rate time charters, spot market voyage charters and spot market-related time charters, as well as the sale of bunkers consumed during short-term time charters. For the three months ended June 30, 2022 and 2021, the Company earned $137,764 and $121,008 of voyage revenues, respectively. For the six months ended June 30, 2022 and 2021, the Company earned $273,991 and $208,599 of voyage revenues, respectively.

Total voyage revenues recognized in the Condensed Consolidated Statements of Operations includes the following:


		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
		2022			2021			2022			2021
Lease revenue		$	62,752		$	31,557		$	118,557		$	50,457
Spot market voyage revenue			75,012			89,451			155,434			158,142
Total voyage revenues		$	137,764		$	121,008		$	273,991		$	208,599