DEBT (Tables)

3 Months Ended

Mar. 31, 2026

DEBT

Schedule of debt

	March 31,		December 31,
(In millions)	2026		2025
Private Placement Term Loans:
3.37 %, payable through 2027	$	23.1	$	23.1
3.14 %, payable through 2031		78.7		85.8
Title XI Debt:
1.22 %, payable through 2043		142.4		142.4
1.35 %, payable through 2044		106.9		109.9
Revolving credit facility, maturity date of July 23, 2030		—		—
Total Debt		351.1		361.2
Less: Current portion		(39.7)		(39.7)
Total Long-term Debt		311.4		321.5
Less: Deferred loan fees		(9.2)		(9.4)
Total Long-term Debt, net of deferred loan fees	$	302.2	$	312.1

Schedule of maturities of debt

	As of
Year (in millions)	March 31, 2026
Remainder of 2026	$	29.6
2027		39.7
2028		28.2
2029		28.2
2030		28.2
Thereafter		197.2
Total Debt	$	351.1