Vessel Acquisition and Dispositions

6 Months Ended

Jun. 30, 2011

Vessel Acquisition and Dispositions [Abstract]

VESSEL ACQUISITIONS AND DISPOSITIONS

(4) VESSEL ACQUISITIONS AND DISPOSITIONS

     As of July 21, 2011, we have one vessel that is being held for sale that is not included in our fleet numbers and have no vessels under construction.

     Interest is capitalized in connection with the construction of vessels. We did not capitalize any interest during the three or six month periods ended June 30, 2011. During the three and six month periods ended June 30, 2010, $0.7 million and $1.3 million of interest, respectively, was capitalized.