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Note 13 - Voyage Expenses

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Voyage And Vessel Operating Expenses [Abstract]

Voyage And Vessel Operating Expenses [Text Block]

13. Voyage Expenses:

Voyage expenses consist of commissions.

15. Voyage and Vessel Operating Expenses:

The amounts in the accompanying consolidated statements of comprehensive income/(loss) are as follows (expressed in thousands of U.S. Dollars):

Voyage Expenses	Year Ended December 31,
	2011		2012		2013
Port charges		1,141		24		18
Bunkers		4,684		177		125
Commissions		1,918		822		520
Total		7,743		1,023		663

Vessel Operating Expenses	Year Ended December 31,
	2011		2012		2013
Crew wages and related costs		5,415		361		-
Insurance		1,165		83		47
Repairs and maintenance		1,356		179		689
Spares and consumable stores		2,369		184		-
Taxes (Note 17)		63		7		9
Total		10,368		814		745

During 2013, the bareboat charterer of the M/V Evian failed to pay operating expenses of the vessel, as per the bareboat charter party. Hence the Company, in order to avoid the detention of M/V Evian, paid a portion of the operating expenses that the bareboat charterer incurred in 2013 and that related mainly to repairs and maintenance expenses