DEBT (Tables)

9 Months Ended

Sep. 30, 2024

DEBT

Schedule of debt

	September 30,		December 31,
(In millions)	2024		2023
Private Placement Term Loans:
3.37 %, payable through 2027	$	40.3	$	46.2
3.14 %, payable through 2031		100.1		114.4
Title XI Debt:
1.22 %, payable through 2043		154.3		158.2
1.35 %, payable through 2044		115.9		121.8
Total Debt		410.6		440.6
Less: Current portion		(39.7)		(39.7)
Total Long-term Debt		370.9		400.9
Less: Deferred loan fees		(10.7)		(11.6)
Total Long-term Debt, net of deferred loan fees	$	360.2	$	389.3

Schedule of maturities of debt

	As of
Year (in millions)	September 30, 2024
Remainder of 2024	$	9.7
2025		39.7
2026		39.7
2027		39.7
2028		28.2
Thereafter		253.6
Total Debt	$	410.6