Note 4 - Advances for Vessels Acquisitions / Under Construction

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Advances for Vessels Acquisition Under Construction [Text Block]

4. Advances for Vessels Acquisitions / Under Construction:

An analysis of Advances for vessels acquisitions / under construction is as follows:

	Advances for vessels acquisitions / under construction
Balance, December 31, 2015		25,098
— Additions		48,681
— Transferred to Vessels		(65,062	)
Balance, June 30, 2016		8,717