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Related Party Transactions (Tables)
 12 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Schedule of Related Parties with Transactions Related parties with transactions and related party relationships
Name of Related Party   Relationship to the Group
Mr. Shoucheng Lei   A shareholder of the Group
Ocean Master Worldwide Corporation   Controlled by Mr. Shoucheng Lei, Ms. Luan Chen and Mr. Jun Li, shareholders of the Group
Rui Da Shipping Co. Limited   Controlled by Ocean Master Worldwide Corporation
Topsheen Shipping Limited   Related to Mr. Dong Zhang
Topsheen Shipping Singapore Pte. Ltd.   Related to Mr. Dong Zhang
Topsheen bulk Singapore Pte. Ltd.  

Related to Mr. Dong Zhang

Xun Da Shipping Co. Limited   Controlled by Ocean Master Worldwide Corporation
Topsheen Shipping Group Limited   Controlled by Mr. Shoucheng Lei
Nanjing Top Confidence Marine Management Co., Ltd   Controlled by Mr. Shoucheng Lei
Mei Da Shipping Co. Limited   Controlled by Ocean Master Worldwide Corporation
Tong Da Shipping Co. Limited   Controlled by Ocean Master Worldwide Corporation
Keen Best Shipping Co Limited   Controlled by Ocean Master Worldwide Corporation
Mr. Dong Zhang   Family member of Mr. Jun Li
Mr. Qing Xu   Family member of Ms. Luan Chen
Top Corporation Shipping Limited   Controlled by Ocean Master Worldwide Corporation
Schedule of Balances Due from Related Parties and Due to Related Parties
   As of
June 30,
2025		   As of
June 30,
2024		 
Topsheen Shipping Singapore Pte. Ltd. (1)  $616,279   $50,125 
Tong Da Shipping Co. Limited(2)   143,277    
—
 
Mei Da Shipping Co. Limited(2)   159,638    
—
 
Keen Best Shipping Co Limited(2)   99,121    86,817 
Total  $1,018,315   $136,942 
(1)The balance mainly represented consideration for time charter accounts receivable from Topsheen Shipping Singapore Pte. Ltd.

 

(2)The balance represents the accrued management fees from related parties for vessel management services.
   As of
June 30,
2025		   As of
June 30,
2024		 
Topsheen Shipping Singapore Pte. Ltd.(1)  $433,125   $213,209 
(1)The balance represents the advance charter hire payments from Topsheen Shipping Singapore Pte. Ltd.

As of June 30, 2025 and 2024, the balances due from related parties were as follows:

 

   As of
June 30,
2025		   As of
June 30,
2024		 
Ocean Master Worldwide Corporation  $
—
   $71,662 
Topsheen Shipping Singapore Pte. Ltd(1)   331,948    331,656 
Total  $331,948   $403,318 

 

(1)The balance represents the outstanding bunker receivable from Topsheen Shipping Singapore Pte. Ltd for time charter service provided by the Group.

As of June 30, 2025 and 2024, the balances due to related parties were as follows:

 

   As of
June 30,
2025		   As of
June 30,
2024		 
Topsheen Shipping Group Limited(1)   36,584    45,504 
Nanjing Top Confidence Marine Management Co., Ltd(1)   14,381    17,683 

Due to shareholder and affiliate(2)

   24,490,720    24,776,946 
Ocean Master Worldwide Corporation   11,546    11,546 
Total  $24,553,231   $24,851,679 
(1)The balances mainly represented the expenses paid on behalf of the Group.

 

(2)The balances mainly represented non-interest-bearing loans from Mr. Shoucheng Lei and due on demand.
Services provided to related parties
   For the
year ended
June 30,
2025		   For the
year ended
June 30,
2024		   For the
year ended
June 30,
2023		 
Topsheen Shipping Singapore Pte. Ltd. (Time charter revenue)  $18,682,031   $12,281,701   $13,999,534 
Mei Da Shipping Co. Limited (Vessel management services revenue)   1,481,220    1,565,711    2,052,046 
Tong Da Shipping Co. Limited (Vessel management services revenue)   1,457,911    1,492,521    1,752,601 
Rui Da Shipping Co. Limited (Vessel management services revenue)   
—
    
—
    420,737 
Xun Da Shipping Co. Limited (Vessel management services revenue)   
—
    
—
    619,504 
Topsheen Bulk Singapore Pte Ltd (Time charter revenue)   624,337    
—
    
—
 
Keen Best Shipping Co Limited (Vessel management services revenue)   1,128,998    974,963    
—
 
Total  $23,374,497   $16,314,896   $18,844,422 
Short-term office lease expense from a related party
   For the
year ended
June 30,
2025		   For the
year ended
June 30,
2024		   For the
year ended
June 30,
2023		 
Mr. Jun Li’s affiliate  $27,684   $27,443   $28,571 
General and administrative expenses shared with a related party
   For the
year ended
June 30,
2025		   For the
year ended
June 30,
2024		   For the
year ended
June 30,
2023		 
Topsheen Shipping Group Co., Ltd  $92,581   $108,353   $75,592