DEBT (Tables)

3 Months Ended

Mar. 31, 2025

DEBT

Schedule of debt

	March 31,		December 31,
(In millions)	2025		2024
Private Placement Term Loans:
3.37 %, payable through 2027	$	34.6	$	34.6
3.14 %, payable through 2031		93.0		100.1
Title XI Debt:
1.22 %, payable through 2043		150.3		150.3
1.35 %, payable through 2044		112.9		115.9
Total Debt		390.8		400.9
Less: Current portion		(39.7)		(39.7)
Total Long-term Debt		351.1		361.2
Less: Deferred loan fees		(10.2)		(10.4)
Total Long-term Debt, net of deferred loan fees	$	340.9	$	350.8

Schedule of maturities of debt

	As of
Year (in millions)	March 31, 2025
Remainder of 2025	$	29.6
2026		39.7
2027		39.7
2028		28.2
2029		28.2
Thereafter		225.4
Total Debt	$	390.8