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Note 15 - Segment Information, Geographical Data and Major Customers (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

Americas:

            

Vessel revenues

 $270,229  $261,929  $237,205 
             

Vessel operating costs:

            

Crew costs

  82,155   87,545   86,328 

Repair and maintenance

  20,732   20,677   17,295 

Insurance

  2,032   2,034   1,891 

Fuel, lube and supplies

  10,035   13,635   13,175 

Other

  26,567   24,391   19,232 

Total vessel operating costs

  141,521   148,282   137,921 

General and administrative expense

  14,927   14,046   15,105 

Depreciation and amortization

  48,506   44,822   41,215 

Vessel operating profit

  65,275   54,779   42,964 
             

Additions to properties and equipment

 $2,870  $5,980  $2,916 
             

Total assets

 $360,846  $350,126  $418,151 

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

Asia Pacific:

            

Vessel revenues

 $189,747  $210,328  $122,235 
             

Vessel operating costs:

            

Crew costs

  74,040   88,968   41,940 

Repair and maintenance

  12,904   13,999   9,212 

Insurance

  1,161   1,197   794 

Fuel, lube and supplies

  7,889   8,834   5,251 

Other

  9,572   10,311   7,751 

Total vessel operating costs

  105,566   123,309   64,948 

General and administrative expense

  9,080   8,544   8,147 

Depreciation and amortization

  21,894   18,606   10,669 

Vessel operating profit

  53,207   59,869   38,471 
             

Additions to properties and equipment

 $2,587  $2,157  $7,839 
             

Total assets

 $148,385  $173,587  $167,085 

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

Middle East:

            

Vessel revenues

 $172,573  $152,187  $135,375 
             

Vessel operating costs:

            

Crew costs

  54,330   53,390   53,416 

Repair and maintenance

  19,070   17,595   16,187 

Insurance

  1,819   1,882   1,784 

Fuel, lube and supplies

  10,995   10,019   12,092 

Other

  18,061   24,076   17,127 

Total vessel operating costs

  104,275   106,962   100,606 

General and administrative expense

  11,208   11,320   9,254 

Depreciation and amortization

  33,174   30,135   26,566 

Vessel operating profit

  23,916   3,770   (1,051)
             

Additions to properties and equipment

 $1,968  $1,260  $3,016 
             

Total assets

 $207,208  $180,286  $191,927 

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

Europe/Mediterranean:

            

Vessel revenues

 $343,627  $333,081  $230,217 
             

Vessel operating costs:

            

Crew costs

  116,489   109,178   78,613 

Repair and maintenance

  27,195   28,288   17,029 

Insurance

  2,868   3,171   2,218 

Fuel, lube and supplies

  12,020   14,650   11,697 

Other

  20,988   18,864   13,758 

Total vessel operating costs

  179,560   174,151   123,315 

General and administrative expense

  14,259   12,726   10,063 

Depreciation and amortization

  92,114   92,331   63,152 

Vessel operating profit

  57,694   53,873   33,687 
             

Additions to properties and equipment

 $3,520  $11,069  $7,320 
             

Total assets

 $607,178  $659,158  $671,626 

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

West Africa:

            

Vessel revenues

 $362,755  $380,112  $273,961 
             

Vessel operating costs:

            

Crew costs

  75,276   77,195   69,176 

Repair and maintenance

  24,002   17,817   18,993 

Insurance

  2,509   2,743   2,610 

Fuel, lube and supplies

  20,214   18,233   18,333 

Other

  27,659   24,415   20,613 

Total vessel operating costs

  149,660   140,403   129,725 

General and administrative expense

  11,528   9,495   9,281 

Depreciation and amortization

  62,894   53,782   36,508 

Vessel operating profit

  138,673   176,432   98,447 
             

Additions to properties and equipment

 $18,798  $3,300  $19,593 
             

Total assets

 $496,608  $512,549  $421,054 

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

World Wide:

            

Revenues:

            

Vessel revenues

 $1,338,931  $1,337,637  $998,993 

Other operating revenues

  13,855   8,198   10,992 

Total revenue

  1,352,786   1,345,835   1,009,985 
             

Vessel operating costs:

            

Crew costs

  402,290   416,276   329,473 

Repair and maintenance

  103,903   98,376   78,716 

Insurance

  10,389   11,027   9,297 

Fuel, lube and supplies

  61,153   65,371   60,548 

Other

  102,847   102,057   78,481 

Total vessel operating costs

  680,582   693,107   556,515 

Costs of other operating revenues

  6,420   3,555   4,342 

General and administrative expense

  61,002   56,131   51,850 

Depreciation and amortization

  258,582   239,676   178,110 

Operating profit

  346,200   353,366   219,168 

Corporate expenses

  (77,286)  (57,780)  (45,654)

Gain on asset dispositions, net

  13,682   15,762   8,701 

Operating income

 $282,596  $311,348  $182,215 
             

Segment additions to properties and equipment

 $29,743  $23,766  $40,684 

Corporate additions to properties and equipment

  6,745   3,814   5,168 

Total additions to properties and equipment

 $36,488  $27,580  $45,852 
             

Segment assets

 $1,820,225  $1,875,706  $1,869,843 

Corporate assets

  566,686   199,198   192,931 

Total assets

 $2,386,911  $2,074,904  $2,062,774 
Revenue from External Customers by Geographic Areas [Table Text Block]

(In Thousands)

 

Year Ended December 31,

 
  

2025

  

2024

 

Countries:

        

Angola

 $155,846  $144,566 

United Kingdom

  149,006   147,175 

Saudi Arabia

  133,782   129,333 

Norway

  117,445   112,167 

Australia

  108,470   130,788 

United Sates

  74,614   81,547 

Other (includes more than 30 countries)

  613,623   600,259 

Total revenues

 $1,352,786  $1,345,835 
Entity Wide Major Customer Amount [Table Text Block]
  

Year Ended December 31,

 
  

2025

  

2024

  

2023

 

Eni S.p.A

  *   12.3%  10.3%