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Vessels, net
12 Months Ended
Dec. 31, 2025
Vessels, net [Abstract]  
Vessels, net
4.
Vessels, net

The amounts in the balance sheets are analyzed as follows:

   
Vessel Cost
   
Accumulated
Depreciation
   
Net
Book Value
 
Balance, December 31, 2023
   
126,646
     
(12,096
)
   
114,550
 
—Depreciation
   
-
     
(4,181
)
   
(4,181
)
Balance, December 31, 2024
   
126,646
     
(16,277
)
   
110,369
 
—Depreciation
   
-
     
(4,180
)
   
(4,180
)
Balance, December 31, 2025
   
126,646
     
(20,457
)
   
106,189
 


As of December 31, 2025 the titles of ownership of both our vessels are held by the respecting vessel lenders to secure the relevant sale and lease back financing transactions (see Note 7).