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Consolidated Statements of Comprehensive Income/(Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUE:      
Voyage revenues $ 43,211 $ 11,753 $ 15,623
Management & consulting fee income 170 0 0
Total Revenues 43,381 11,753 15,623
EXPENSES & OTHER OPERATING INCOME:      
Voyage expenses (1,128) (2,490) (2,098)
Vessel operating expenses (13,808) (8,581) (8,882)
Depreciation (3,910) (2,398) (4,721)
Depreciation of dry-docking costs (2,751) (1,335) (1,704)
Administrative expenses (2,610) (1,891) (1,583)
Administrative expenses payable to related parties (1,361) (1,915) (371)
Share-based payments (40) (40) (40)
Impairment loss 0 (4,615) (29,902)
Other income, net 171 89 29
Operating income/(loss) 17,944 (11,423) (33,649)
Interest income 8 16 47
Interest expense and finance costs (3,262) (4,155) (4,703)
Gain/(loss) on derivative financial instruments 181 (1,647) 1,950
Foreign exchange gains/(losses), net 79 (163) 4
TOTAL INCOME/(LOSS) FOR THE YEAR 14,950 (17,372) (36,351)
Other Comprehensive Income 0 0 0
TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE YEAR $ 14,950 $ (17,372) $ (36,351)
Earnings/(Loss) per share (U.S.$):      
 - Basic and Diluted income/(loss) per share for the year $ 1.01 $ (18.11) $ (873.36)