Vessel Operating and Voyage Expenses (Tables)

6 Months Ended

Jun. 30, 2022

Vessel Operating and Voyage Expenses [Abstract]

Voyage Expenses

The amounts in the accompanying unaudited interim condensed consolidated statements of comprehensive income are analyzed as follows:

	Six months ended June 30,			Six months ended June 30,
Voyage expenses	2021			2022
Brokerage commissions	$	359,254		$	1,749,509
Brokerage commissions- related party		364,540			1,557,300
Port & other expenses		461,219			4,534,279
Bunkers consumption		866,090			14,811,888
Gain on bunkers		(1,109,510	)		(2,598,568	)
Total Voyage expenses	$	941,593		$	20,054,408

Vessel Operating Expenses

	Six months ended June 30,		Six months ended June 30,
Vessel Operating Expenses	2021		2022
Crew & crew related costs	$	6,236,241	$	17,067,166
Repairs & maintenance, spares, stores, classification, chemicals & gases, paints, victualling		2,650,534		8,273,282
Lubricants		881,925		1,657,165
Insurances		850,984		2,528,966
Tonnage taxes		187,345		541,491
Other		459,866		1,654,134
Total Vessel operating expenses	$	11,266,895	$	31,722,204