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Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE:      
Voyage revenues $ 14,392 $ 8,740 $ 12,715
Management and consulting fee income 31 278 0
Total Revenues 14,423 9,018 12,715
EXPENSES & OTHER OPERATING INCOME:      
Voyage expenses (1,892) (1,271) (2,384)
Vessel operating expenses (9,135) (8,688) (10,321)
Depreciation (4,854) (5,014) (6,085)
Depreciation of dry docking costs (862) (1,005) (1,062)
Amortization of fair value of time charter attached to vessels 0 0 (41)
Administrative expenses (1,224) (2,094) (1,751)
Administrative expenses payable to related parties (514) (351) (465)
Share-based payments (40) (50) (60)
Impairment loss 0 0 (20,144)
Gain from sale of subsidiary 0 2,257 0
Other (expenses)/income, net 83 (30) (110)
Operating loss (4,015) (7,228) (29,708)
Interest income 3 5 8
Interest expense and finance costs (2,221) (2,676) (2,783)
Foreign exchange gains/(losses), net (242) 74 87
TOTAL LOSS FOR THE YEAR (6,475) (9,825) (32,396)
Other Comprehensive Income 0 0 0
TOTAL COMPREHENSIVE LOSS FOR THE YEAR $ (6,475) $ (9,825) $ (32,396)
Loss per share (U.S.$):      
- Basic and Diluted loss per share for the year $ (0.25) $ (3.77) $ (12.80)