Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Future Minimum Operating Lease Payments

The Company’s future minimum operating lease payments required to be made after June 30, 2024, relating to the bareboat chartered-in vessels M/T Eco Bel Air and M/T Eco Beverly Hills are as follows:

Year ending December 31,	Bareboat charter lease payments
2024 (remainder)		4,942
2025		6,777
Total		11,719
Less imputed interest		872
Total Lease Liability		10,847
Presented as follows:
Current portion of Operating lease liabilities		7,669
Non-current portion of Operating lease liabilities		3,178

Future Minimum Time-Charter Receipts

Future minimum time-charter receipts of the Company’s vessels in operation as of June 30, 2024, based on commitments relating to non-cancellable time charter contracts, are as follows:

Year ending December 31,	Time Charter receipts
2024 (remaining)		42,402
2025		85,085
2026		60,782
2027		36,816
2028 and thereafter		81,173
Total		306,258