LONG-TERM DEBT AND CURRENT PORTION OF LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2023

LONG-TERM DEBT AND CURRENT PORTION OF LONG-TERM DEBT [Abstract]

Aggregate Annual Principal Payments of Debt

As of December 31, 2023, the aggregate annual principal payments required to be made under the Company’s outstanding debt facilities are as follows:

Debt repayments in $’000s*	Total		2024		2025		2026		2027		2028		More than 5 years
2019 Senior Secured Credit Facility including the $30 mill Accordion Loan		84,640		12,079		72,561		-		-		-		-
Financing of 2018-built Vessels		87,239		9,138		9,534		9,974		10,434		48,159		-
Financing of 2022-built Vessels		79,351		5,515		5,500		5,500		5,500		5,515		51,521
Financing of Nordic Hawk		53,540		6,016		6,016		6,000		6,000		6,016		23,492
Total		304,770		32,748		93,611		21,474		21,934		56,690		75,313