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Vessel Operating Expenses
12 Months Ended
Dec. 31, 2024
Text Block [Abstract]  
Vessel Operating Expenses
15. Vessel Operating Expenses
The amounts in the accompanying consolidated statements of income are analyzed as follows:
 
    
Year ended December 31,
 
Vessels’ Operating Expenses
  
2022
    
2023
    
2024
 
Crew wages and related costs
     34,721,673        32,676,466        30,263,863  
Insurance
     2,382,340        1,939,328        1,751,050  
Repairs and maintenance
     5,716,570        5,480,702        5,649,933  
Spares and consumable stores
     8,127,376        8,048,657        7,280,809  
Miscellaneous expenses
     3,996,819        4,972,345        4,890,484  
  
 
 
    
 
 
    
 
 
 
Total
  
 
54,944,778
 
  
 
53,117,498
 
  
 
49,836,139