Vessel Operating Expenses

12 Months Ended

Mar. 31, 2018

Vessel Operating Expenses.

Vessel Operating Expenses

14. Vessel Operating Expenses

Vessel operating expenses comprise the following:

	Year ended
	March 31, 2018		March 31, 2017		March 31, 2016
Crew wages and related costs	$	42,807,373	$	43,724,030	$	31,449,090
Spares and stores		8,730,107		9,432,845		6,403,785
Insurance		3,758,485		4,668,838		3,527,386
Repairs and maintenance costs		4,028,775		3,867,993		2,076,576
Lubricants		2,677,177		2,742,944		2,489,494
Miscellaneous expenses		2,310,727		1,671,412		1,173,659
Total	$	64,312,644	$	66,108,062	$	47,119,990