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VOYAGE REVENUES

3 Months Ended

Mar. 31, 2023

VOYAGE REVENUES

VOYAGE REVENUES

11 – VOYAGE REVENUES

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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 March 31, 2023 and 2022, the Company earned $94,391 and $136,227 of voyage revenues, respectively.

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

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​	​	​	​	​	​	​	​
​	​	For the Three Months Ended					​
​	​	March 31,					​
​		2023			2022		​
Lease revenue	​	$	36,967	​	$	55,804	​
Spot market voyage revenue	​	​	57,424	​	​	80,423	​
Total voyage revenues	​	$	94,391	​	$	136,227	​

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- Definition

Description of the revenue earned on fixed rate time charters, vessel pools, spot market voyage charters and spot market-related time charters, as well as the sale of bunkers consumed during short-term time charters.

+ References

No definition available.

+ Details

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