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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
NON-CURRENT ASSETS    
Vessels, net $ 85,587 $ 87,320
Office furniture and equipment 50 43
Other non-current assets 10 10
Total non-current assets 85,647 87,373
CURRENT ASSETS    
Trade receivables, net 121 177
Inventories 398 661
Prepayments and other assets 1,357 426
Restricted cash 0 210
Cash and cash equivalents 1,588 2,756
Total current assets 3,464 4,230
TOTAL ASSETS 89,111 91,603
EQUITY    
Issued share capital 128 126
Share premium 140,199 139,571
Accumulated deficit (98,202) (95,729)
Total equity 42,125 43,968
NON-CURRENT LIABILITIES    
Long-term borrowings, net of current portion 0 0
Provision for staff retirement indemnities 84 82
Total non-current liabilities 84 82
CURRENT LIABILITIES    
Current portion of long-term borrowings 39,333 41,538
Trade accounts payable 5,217 4,258
Accrued liabilities and other payables 1,900 1,455
Deferred revenue 452 302
Total current liabilities 46,902 47,553
TOTAL LIABILITIES 46,986 47,635
TOTAL EQUITY AND LIABILITIES $ 89,111 $ 91,603