Vessels

6 Months Ended

Jun. 30, 2018

Vessels

Vessels

4. Vessels

        The movement in vessels is reported in the following table:

	Vessels
Cost
As of January 1, 2018	2,390,128
Additions	28,382
Fully amortized dry-docking component	(5,000)
As of June 30, 2018	2,413,510
Accumulated depreciation
As of January 1, 2018	240,377
Depreciation expense	36,604
Fully amortized dry-docking component	(5,000)
As of June 30, 2018	271,981
Net book value
As of December 31, 2017	2,149,751
As of June 30, 2018	2,141,529

        All vessels have been pledged as collateral under the terms of the Partnership's bank loan agreements.