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Note 13 - Voyage and Vessel Operating Expenses

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Vessel Voyage and Operating Expenses [Text Block]

13. Voyage and Vessel Operating Expenses

These consisted of:

		Year ended December 31,
			2017				2018				2019
Voyage expenses
Port charges and canal dues			1,156,511				384,893				251,197
Bunkers			407,978				876,195				804,211
Total			1,564,489				1,261,088				1,055,408
Vessel operating expenses
Crew wages and related costs			8,771,386				11,020,924				13,111,682
Insurance			1,261,976				1,537,539				1,844,088
Repairs and maintenance			643,788				1,043,632				1,110,995
Lubricants			1,169,412				1,665,849				2,029,230
Spares and consumable stores			2,391,420				3,445,422				4,758,290
Professional and legal fees			10,037				252,156				259,311
Other			771,323				1,020,648				869,686
Total			15,019,342				19,986,170				23,983,282

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- Definition

This element repsresents the disclosure for Voyage expenses (Port charges, bunkers, commissions charged by third parties, commissions charged by related parties) and Vessel Operating expenses (crew wages and related costs, insurances, repairs, spares and maintenance, consumable stores, tonnage taxes, miscellaneous).

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No definition available.

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