Voyage Expenses

12 Months Ended

Mar. 31, 2015

Voyage Expenses.

Voyage Expenses

15. Voyage Expenses

Voyage expenses comprise the following:

	Year ended March 31, 2015		July 1, 2013 (inception) to March 31, 2014
Bunkers	$	15,678,905	$	5,271,126
Port charges and other related expenses	3,603,707		552,634
Brokers’ commissions	1,703,589		386,244
Security cost	709,035		298,820
War risk insurances	146,320		37,001
Other voyage expenses	240,300		125,146
Total	$	22,081,856	$	6,670,971