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Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE:      
Voyage revenues $ 15,623 $ 17,354 $ 13,852
Management and consulting fee income 0 0 31
Total Revenues 15,623 17,354 13,883
EXPENSES & OTHER OPERATING INCOME:      
Voyage expenses (2,098) (1,188) (1,352)
Vessel operating expenses (8,882) (9,925) (9,135)
Depreciation (4,721) (4,601) (4,854)
Depreciation of dry-docking costs (1,704) (1,166) (862)
Administrative expenses (1,583) (1,356) (1,224)
Administrative expenses payable to related parties (371) (528) (514)
Share-based payments (40) (40) (40)
Impairment loss (29,902) 0 0
Other income, net 29 2 83
Operating loss (33,649) (1,448) (4,015)
Interest income 47 0 3
Interest expense and finance costs (4,703) (2,056) (2,221)
Gain/(Loss) on derivative financial instruments 1,950 (131) 0
Foreign exchange gains/(losses), net 4 67 (242)
Non-operating loss (2,702) (2,120) (2,460)
TOTAL LOSS FOR THE YEAR (36,351) (3,568) (6,475)
Other Comprehensive Income 0 0 0
TOTAL COMPREHENSIVE LOSS FOR THE YEAR $ (36,351) $ (3,568) $ (6,475)
Loss per share (U.S.$):      
- Basic and Diluted loss per share for the year $ (8.73) $ (1.11) $ (2.51)