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Voyage Expenses and Vessel Operating Expenses
12 Months Ended
Dec. 31, 2018
Text Block [Abstract]  
Voyage Expenses and Vessel Operating Expenses
17.

Voyage Expenses and Vessel Operating Expenses

The amounts in the accompanying consolidated statements of operations are analyzed as follows:

 

     Year ended December 31,  

Voyage Expenses

   2016      2017      2018  

Port expenses

     3,306,157        2,546,926        2,841,661  

Bunkers

     6,117,326        6,668,126        11,641,615  

Commissions

     4,259,812        4,584,612        4,796,483  

Other voyage expenses

     1,706, 970        1,916,873        1,407,416  
  

 

 

    

 

 

    

 

 

 

Total

     15,390,265        15,716,537        20,687,175  
  

 

 

    

 

 

    

 

 

 

 

     Year ended December 31,  

Vessels’ Operating Expenses

   2016      2017      2018  

Crew wages and related costs

     36,821,527        37,345,800        36,628,082  

Insurance

     2,421,948        2,016,647        2,068,485  

Repairs and maintenance

     5,724,148        6,424,557        7,359,816  

Spares and consumable stores

     8,514,293        8,508,276        8,907,211  

Miscellaneous expenses

     5,340,920        5,124,154        5,471,184  
  

 

 

    

 

 

    

 

 

 

Total

     58,822,836        59,419,434        60,434,778