Leases (Tables)

6 Months Ended

Jun. 30, 2026

Leases

Leases - Operating Leases

The table below provides the total amount of lease payments for the next five 12-month periods on an undiscounted basis on the Company’s chartered-in contracts as of June 30, 2026:

Period	Amount
2027	$	37,891
2028		37,312
2029		36,632
2030		34,769
2031		34,356
2032 and thereafter		62,135
Total	$	243,095
Operating lease liabilities, including current portion	$	201,802
Discount based on incremental borrowing rate	$	41,293

Leases - Finance Leases

The table below provides the total amount of lease payments and options to acquire vessels for the next five 12-month periods on an undiscounted basis under the Company’s finance leases as of June 30, 2026:

Period	Amount
2027	$	34,423
2028		34,362
2029		34,147
2030		41,628
2031		31,895
2032 and thereafter		272,654
Total	$	449,109
Finance lease liabilities, including current portion (see Note 6 – Borrowings)	$	310,064
Discount based on incremental borrowing rate	$	139,045