Vessel Operating Expenses

12 Months Ended

Mar. 31, 2019

Vessel Operating Expenses.

Vessel Operating Expenses

14. Vessel Operating Expenses

Vessel operating expenses comprise the following:

	Year ended
	March 31, 2019		March 31, 2018		March 31, 2017
Crew wages and related costs	$	41,649,202	$	42,807,373	$	43,724,030
Spares and stores		10,625,997		8,730,107		9,432,845
Insurance		3,452,874		3,758,485		4,668,838
Repairs and maintenance costs		5,594,957		4,028,775		3,867,993
Lubricants		3,206,445		2,677,177		2,742,944
Miscellaneous expenses		2,351,093		2,310,727		1,671,412
Total	$	66,880,568	$	64,312,644	$	66,108,062