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Long-Term Debt and Bonds (Tables)
 12 Months Ended
Dec. 31, 2025
Long-Term Debt and Bonds [Abstract]  
Long-term Debt and Bonds
The amounts of long-term debt and bonds shown in the accompanying consolidated balance sheets are analyzed as follows:

   
December 31,
2025
    
Current
    
Non-current
    
December 31,
 2024
    
Current
    
Non-current
  
                                     
Nordea Bank secured term loan
  
$
12,500
    
$
3,333
    
$
9,167
    
$
15,833
    
$
3,333
    
$
12,500
  
Alpha Bank secured term loans
    
28,700
      
4,200
      
24,500
      
31,850
      
4,200
      
27,650
  
Huican sale and lease back financing
    
44,545
      
2,538
      
42,007
      
-
      
-
      
-
  
Kenzan Kaiun sale and lease back financing
    
42,938
      
2,603
      
40,335
      
-
      
-
      
-
  
less unamortized deferred financing costs
    
(1,493
)
    
(283
)
    
(1,210
)
    
(224
)
    
(90
)
    
(134
)
Total debt, net of deferred financing costs
  
$
127,190
    
$
12,391
    
$
114,799
    
$
47,459
    
$
7,443
    
$
40,016
  

 
  
December 31,
2025
    
Current
    
Non-current
    
December 31,
 2024
    
Current
    
Non-current
  
Bonds, net of discounts
  
$
97,000
    
$
-
    
$
97,000
    
$
-
    
$
-
    
$
-
  
less unamortized deferred financing costs
    
(1,858
)
    
-
      
(1,858
)
    
-
      
-
      
-
  
Total bond, net of deferred financing costs
  
$
95,142
    
$
-
    
$
95,142
    
$
-
    
$
-
    
$
-
  
Maturities of Debt Facilities
As at December 31, 2025, the maturities of the drawn portions of the debt facilities (bank loans, sale and lease back financing and the bond financing), as described above, are as follows:

   
Principal Repayment
  
Year 1
   $ 12,675  
Year 2
     12,675  
Year 3
     15,175  
Year 4
     109,341  
Year 5 and thereafter
     78,817  
Total
   $ 228,683