Advances for Vessels (Tables)

12 Months Ended

Dec. 31, 2025

Advances For Assets Acquisition And Assets Under Construction

Advances for vessel acquisition and vessels under construction

Advances for vessels are comprised of the following:

Balance, January 1, 2024	$	89,703
Advances paid, including capitalized expenses and interest	143,869
Transferred to vessel cost (refer to Note 4)	(148,368)
Balance, December 31, 2024	$	85,204
Advances paid, including capitalized expenses and interest	42,032
Transferred to vessel cost (refer to Note 4)	(39,937)
Balance, December 31, 2025	$	87,299