v3.24.3
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 73,829 $ 74,738
Accounts receivable and accrued revenues 58,553 75,848
Capitalized voyage expenses 2,848 2,549
Prepaid expenses 12,999 13,557
Bunker inventory 33,299 33,806
Total current assets 181,528 200,498
Non-current assets    
Vessels 1,207,533 1,283,710
Advances for vessels under construction 78,870 0
Advances for vessel upgrades 0 10
Other property, plant and equipment 5,263 6,649
Goodwill 1,356 1,356
Total non-current assets 1,293,022 1,291,725
TOTAL ASSETS 1,474,550 1,492,223
Current liabilities    
Accounts payable and accrued expenses 22,711 20,493
Current portion long-term debt 48,340 30,300
Other current liabilities 1,509 1,418
Deferred shipping revenues 2,711 4,394
Total current liabilities 75,271 56,605
Non-current liabilities    
Long-term debt 359,289 398,425
Other non-current liabilities 4,305 5,527
Total non-current liabilities 363,594 403,952
TOTAL LIABILITIES 438,865 460,557
Equity    
Common stock at par value 1,615 1,610
Additional paid-in capital 1,230,832 1,228,254
Accumulated deficit (205,909) (206,477)
Translation differences 329 201
Other reserves 3,882 3,566
Total equity attributable to the Company 1,030,748 1,027,153
Non-controlling interest 4,937 4,513
Total equity 1,035,685 1,031,667
TOTAL LIABILITIES AND EQUITY $ 1,474,550 $ 1,492,223