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Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUE:      
Voyage revenues $ 17,354 $ 13,852 $ 8,423
Management and consulting fee income 0 31 278
Total Revenues 17,354 13,883 8,701
EXPENSES & OTHER OPERATING INCOME:      
Voyage expenses (1,188) (1,352) (954)
Vessel operating expenses (9,925) (9,135) (8,688)
Depreciation (4,601) (4,854) (5,014)
Depreciation of dry docking costs (1,166) (862) (1,005)
Administrative expenses (1,356) (1,224) (2,094)
Administrative expenses payable to related parties (528) (514) (351)
Share-based payments (40) (40) (50)
Gain from sale of subsidiary 0 0 2,257
Other (expenses)/income, net 2 83 (30)
Operating loss (1,448) (4,015) (7,228)
Interest income 0 3 5
Interest expense and finance costs (2,056) (2,221) (2,676)
Loss on derivative financial instruments (131) 0 0
Foreign exchange gains/(losses), net 67 (242) 74
TOTAL LOSS FOR THE YEAR (3,568) (6,475) (9,825)
Other Comprehensive Income 0 0 0
TOTAL COMPREHENSIVE LOSS FOR THE YEAR $ (3,568) $ (6,475) $ (9,825)
Loss per share (U.S.$):      
- Basic and Diluted loss per share for the year $ (1.11) $ (2.51) $ (37.73)