Vessel Revenue and Voyage Expenses (Tables)

12 Months Ended

Dec. 31, 2022

Vessel Revenue and Voyage Expenses [Abstract]

Income Derived from Spot and Time Charters

The following table presents the Company’s income statement figures derived from spot charters and time charters for the years ended December 31, 2022, 2021 and 2020:

	Year ended December 31,
	2022		2021		2020
Vessel revenues from spot charters, net of commissions		-		28,264		27,033
Vessel revenues from time charters, net of commissions		122,629		124,844		36,312
Total		122,629		153,108		63,345

Revenue from Charterers

Charterers individually accounting for more than 10% of revenues during the years ended December 31, 2022, 2021 and 2020 were:

Customer	2022			2021			2020
A		24	%		15	%		-
B		18	%		13	%		-
C		17	%		23	%		23	%
D		15	%		11	%		18	%
E		-			10	%		-
Total		74	%		72	%		41	%

Voyage Expenses from Spot and Time Charters

The following table presents the Company’s income statement figures derived from spot charters and time charters for the years ended December 31, 2022, 2021 and 2020:

	Year ended December 31,
	2022		2021		2020
Voyage expenses from spot charters		-		13,465		17,099
Voyage expenses from time charters		4,293		3,004		1,468
Total		4,293		16,469		18,567