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Note 9 - Long-term Bank Loans (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]

Borrower

  

December 31, 2022

  

December 31, 2023

 

Noumea Shipping Ltd. / Gregos Shipping Ltd.

(a)

  7,875,000   - 

Kea Shipowners Ltd. / Spetses Shipowners Ltd. / Hydra Shipowners Ltd.

(b)

  6,650,000   - 

Antwerp Shipping Ltd. / Busan Shipping Ltd. / Keelung Shipping Ltd. / Oakland Shipping Ltd.

(c)

  31,100,000   38,750,000 

Jonathan John Shipping Ltd. / Corfu Navigation Ltd.

(d)

  7,500,000   5,500,000 

Jonathan Shipowners Ltd.

(e)

  10,600,000   6,200,000 

Marcos Shipping Ltd.

(f)

  26,000,000   18,000,000 

Rena Shipping Ltd. / Emmanuel Shipping Ltd.

(g)

  18,250,000   14,250,000 

Gregos Shipping Ltd.

(h)

  -   23,900,000 

Terataki Shipping Ltd.

(i)

  -   24,400,000 
    107,975,000   131,000,000 

Less: Current portion

  (55,765,000)  (31,200,000)

Long-term portion

  52,210,000   99,800,000 

Deferred charges, current portion

  345,185   360,459 

Deferred charges, long-term portion

  397,914   638,129 

Long-term bank loans, current portion net of deferred charges

  55,419,815   30,839,541 

Long-term bank loans, long-term portion net of deferred charges

  51,812,086   99,161,871 
Schedule of Future Annual Loan Repayments [Table Text Block]

To December 31:

    

2024

  31,200,000 

2025

  34,750,000 

2026

  9,050,000 

2027

  26,350,000 

2028

  2,600,000 

Thereafter

  27,050,000 

Total

  131,000,000