Finance Lease, Right-of-use Asset and Finance Lease Liability (Tables)

6 Months Ended

Jun. 30, 2024

Finance Lease, Right-of-use Asset and Finance Lease Liability [Abstract]

Annual Lease Payments

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

Twelve month periods ending June 30,	Amount
2025		21,038
Total undiscounted lease payments		21,038
Less: Discount based on incremental borrowing rate		(339	)
Present value of finance lease liabilities		20,699
Finance lease liability, current		20,699
Finance lease liability, non-current		-
Present value of finance lease liabilities		20,699