Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Future Minimum Operating Lease Payments

The Company’s future minimum operating lease payments required to be made after December 31, 2024, relating to the bareboat chartered-in vessels M/T Eco Beverly Hills and M/T Eco Bel Air are as follows:

Year ending December 31,	Bareboat charter lease payments
2025		6,777
Total		6,777
Less imputed interest		(420	)
Total Lease Liability		6,357
Presented as follows:
Short-term lease liability		6,357

Future Minimum Time-Charter Receipts

Future minimum time-charter receipts of the Company’s vessels in operation as of December 31, 2024, based on commitments relating to non-cancellable time charter contracts as of December 31, 2024, are as follows :

Year ending December 31,	Time Charter receipts
2025		85,085
2026		60,716
2027		36,816
2028		8,967
2029 and thereafter		72,206
Total		263,790