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Interest expense and finance costs

12 Months Ended

Dec. 31, 2024

Interest expense and finance costs

Interest expense and finance costs

11. Interest expense and finance costs


		For the years ended December 31
In thousands of U.S. Dollars		2024		2023		2022
Interest incurred – debt		4,140		8,033		6,245
Interest incurred – finance leases		1,500		3,718		11,239
Amortization of deferred finance fees		1,138		1,237		1,461
Interest rate swaps		—		(1,580)		(3,408)
		6,778		11,408		15,537

		For the years ended December 31
In thousands of U.S. Dollars		2024		2023		2022
(Gain) / loss on extinguishment		(1,432)		—		1,576
		(1,432)		—		1,576