Vessel Operating Expenses

12 Months Ended

Mar. 31, 2022

Vessel Operating Expenses.

Vessel Operating Expenses

16. Vessel Operating Expenses

Vessel operating expenses comprise the following:

	Year ended
	March 31, 2022		March 31, 2021		March 31, 2020
Crew wages and related costs	$	44,950,878	$	44,017,660	$	42,683,848
Spares and stores		14,486,392		17,061,388		13,249,931
Repairs and maintenance costs		4,528,776		6,096,812		4,416,259
Insurance		4,056,225		3,942,622		4,173,052
Lubricants		3,351,279		3,241,330		3,607,749
Miscellaneous expenses		2,830,668		3,860,057		3,347,530
Total	$	74,204,218	$	78,219,869	$	71,478,369