Finance Lease, Right-of-use Assets and Finance Lease Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Finance Lease, Right-of-use Assets and Finance Lease Liabilities [Abstract]

Annual Lease Payments

The annual lease payments under the Titanship bareboat charter agreement are as follows:

Twelve month periods ending December 31,	Amount
2024		22,676
Total undiscounted lease payments		22,676
Less: Discount based on incremental borrowing rate		(898	)
Present value of finance lease liabilities		21,778
Finance lease liability, current		21,778
Finance lease liability, non-current		-
Present value of finance lease liabilities		21,778