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Debt (Tables)

6 Months Ended

Jun. 30, 2024

Details of the Company’s credit facilities are discussed in Note 7 of the Company’s annual financial statements for the year ended December 31, 2023 and changes in the six months ended June 30, 2024 are discussed below.

Bank / Vessel(s)
	December 31, 2023			June 30, 2024
Total long term debt:
2^nd AVIC Facility (M/T Eco West Coast)		40,817			39,717
Huarong Facility (M/T Eco Malibu)		41,000			39,900
Cargill Facility (M/T Eco Marina Del Ray)		23,094			-
2^nd CMBFL Facility (M/T Eco Marina Del Ray)		-			28,000
^1st CMBFL Facility (M/T Julius Caesar and M/T Legio X Equestris)		98,552			123,618
1^st AVIC Facility (M/T Eco Oceano Ca)		42,777			41,422
Total long term debt		246,240			272,657
Less: Deferred finance fees		(4,279	)		(6,450	)
Less: Debt discount relating to Vessel fair value participation liability		(1,463	)		-
Total long term debt net of deferred finance fees and debt discounts		240,498			266,207

Presented:
Current portion of long-term debt		12,418			13,993
Long term debt		228,080			252,214

Total Debt net of deferred finance fees		240,498			266,207