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VOYAGE REVENUES

3 Months Ended

Mar. 31, 2025

VOYAGE REVENUES

VOYAGE REVENUES

12 – 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, 2025 and 2024, the Company earned $71,269 and $117,435 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,
​		2025			2024
Lease revenue	​	$	32,336	​	$	43,182
Spot market voyage revenue	​	​	38,933	​	​	74,253
Total voyage revenues	​	$	71,269	​	$	117,435

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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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