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Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt

Schedule outstanding principal balances on each loan facility

​

​	​	​	​	​
​		As at
In thousands of U.S. Dollars		June 30, 2022		December 31, 2021
Nordea/SEB Joint Bank Facility	​	52,374		56,599
Nordea/SEB Revolving Facility	​	15,000	​	28,954
ABN/CACIB Joint Bank Facility	​	48,447	​	51,340
ABN AMRO Revolving Facility	​	11,491		1,680
IYO Bank Facility	​	7,600	​	8,400
Total debt	​	134,912		146,972
Deferred finance fees	​	(1,492)		(1,871)
Net total debt	​	133,420		145,101
Current portion of long-term debt	​	15,834		15,834
Current portion of deferred finance fees	​	(696)		(731)
Total current portion of long-term debt	​	15,138		15,103
Non-current portion of long-term debt	​	118,282		129,998

​

Schedule of future minimum repayments under the loan facilities

​

​	​	​
​		As at
In thousands of U.S. Dollars	​	June 30, 2022
2022(1)		7,917
2023		27,326
2024	​	96,069
2025		3,600
​		134,912

​

​

(1) Six-month period ending December 31, 2022

​

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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