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Consolidated Statements of Comprehensive Income/(Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUES:        
Voyage revenues $ 9,538 $ 9,425 $ 18,157 $ 17,047
Management & consulting fee income 0 91 0 182
Total Revenues 9,538 9,516 18,157 17,229
EXPENSES & OTHER OPERATING INCOME:        
Voyage expenses, net (524) (139) (1,044) (490)
Vessel operating expenses (4,602) (3,223) (9,313) (6,352)
Depreciation (2,490) (1,335) (4,971) (2,616)
Depreciation of dry-docking costs (1,165) (795) (2,427) (1,769)
Administrative expenses (937) (824) (2,130) (1,996)
Administrative expenses payable to related parties (207) (1,324) (396) (2,384)
Reversal of impairment 0 1,891 0 1,891
Gain from sale of vessel 0 0 2,137 0
Other expenses, net (21) (40) (56) (33)
Operating (loss)/ income (408) 3,727 (43) 3,480
Interest income 627 735 1,005 1,433
Interest expense and finance costs (2,069) (1,328) (4,221) (2,523)
Gain on derivative financial instruments, net 31 130 8 542
Foreign exchange (losses) / gains, net (49) 15 (99) 48
NET INCOME/(LOSS) FOR THE PERIOD (1,868) 3,279 (3,350) 2,980
Other Comprehensive Income 0 0 0 0
NET COMPREHENSIVE INCOME/(LOSS) FOR THE PERIOD $ (1,868) $ 3,279 $ (3,350) $ 2,980
Income/(Loss) per share (U.S.$):        
-Diluted income per share for the period $ (0.09) $ 0.16 $ (0.16) $ 0.14
-Basic income per share for the period $ (0.09) $ 0.16 $ (0.16) $ 0.14