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Deferred charges, net
 6 Months Ended
Jun. 30, 2022
Deferred charges, net [Abstract]  
Deferred charges, net
4.
Deferred charges, net:

The movement in deferred dry-docking costs, net in the accompanying unaudited interim consolidated balance sheets is as follows:

 
  
Dry-docking costs
  
Balance December 31, 2021
  
$
4,862,824
  
Additions
    
1,878,818
  
Less: Insurance claim recognized
     (550,000 )
Amortization
    
(880,144
)
Balance June 30, 2022
  
$
5,311,498
  

During the six months ended June 30, 2022, the M/T Wonder Musica concluded its scheduled drydocking repairs. As of June 30, 2022, the M/V Magic Moon was undergoing its scheduled drydocking repairs and BWTS installation.