Vessel Operating Expenses

12 Months Ended

Mar. 31, 2020

Vessel Operating Expenses.

Vessel Operating Expenses

15. Vessel Operating Expenses

Vessel operating expenses comprise the following:

	Year ended
	March 31, 2020		March 31, 2019		March 31, 2018
Crew wages and related costs	$	42,683,848	$	41,649,202	$	42,807,373
Spares and stores		13,249,931		10,625,997		8,730,107
Repairs and maintenance costs		4,416,259		5,594,957		4,028,775
Insurance		4,173,052		3,452,874		3,758,485
Lubricants		3,607,749		3,206,445		2,677,177
Miscellaneous expenses		3,347,530		2,351,093		2,310,727
Total	$	71,478,369	$	66,880,568	$	64,312,644