Notes And Other Explanatory Information [Abstract]
| Concept |
2024-01-01 to 2024-12-31 |
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| Notes and other explanatory information [abstract] | |
| Disclosure of accrued expenses and other liabilities [text block] |
8
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| Disclosure of allowance for credit losses [text block] |
As of December 31, 2024 and 2023, the Group performed a
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| Disclosure of authorisation of financial statements [text block] |
The Group’s annual consolidated financial statements were approved and authorized for issue by the Board of Directors on March
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| Disclosure of basis of preparation of financial statements [text block] |
2
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| Disclosure of changes in accounting policies [text block] |
Adoption of new and revised IFRS
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| Disclosure of collateral [text block] |
Vessels with an aggregate carrying amount of $702,526,997 as of December 31, 2024 (December 31, 2023: $ 802,677,503) have
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| Disclosure of commitments and contingent liabilities [text block] |
16. Commitments and Contingencies
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| Disclosure of credit risk [text block] |
•
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| Disclosure of debt instruments [text block] |
12. Long-Term Borrowings
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| Disclosure of depreciation and amortisation expense [text block] |
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| Disclosure of earnings per share [text block] |
17. Earnings per Share
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| Disclosure of events after reporting period [text block] |
24. Subsequent Events
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| Disclosure of fair value measurement [text block] |
Forward freight agreements and Foreign Exchange Forward Swaps
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| Disclosure of finance cost [text block] |
Long-term borrowings – January 1, 2022
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| Disclosure of finance income [text block] |
Interest income are presented below:
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| Disclosure of financial instruments at fair value through profit or loss [text block] |
22. Derivative Financial Instruments
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| Disclosure of financial risk management [text block] |
15. Financial Risk Management
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| Disclosure of general and administrative expense [text block] |
11. General and Administrative expenses
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| Disclosure of general information about financial statements [text block] |
1
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| Disclosure of going concern [text block] |
The consolidated financial statements have been prepared on a going concern basis as the directors have, at the time of approving
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| Disclosure of impairment of assets [text block] |
As of December 31, 2024 and 2023, the carrying amount of the vessels owned by the Group was lower than their respective fair
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| Disclosure of information about key management personnel [text block] |
Insurance cover, for certain directors and executives of the Group, in respect to their potential liability towards the Group and
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| Disclosure of interest expense [text block] |
21. Interest income, Interest expense and Other Finance Costs
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| Disclosure of interests in other entities [text block] |
As at December 31, 2024 the Group comprises the following companies:
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| Disclosure of inventories [text block] |
6
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| Disclosure of leases [text block] |
Other Fixed Assets
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| Disclosure of liquidity risk [text block] |
•
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| Disclosure of market risk [text block] |
•
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| Disclosure of material accounting policy information [text block] |
4
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| Disclosure of objectives, policies and processes for managing capital [text block] |
19. Capital Risk Management
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| Disclosure of other operating expense [text block] |
9
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| Disclosure of property, plant and equipment [text block] |
7
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| Disclosure of revenue [text block] |
20. Lease and Non-Lease Components of Revenue
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| Disclosure of share capital, reserves and other equity interest [text block] |
14. Share Capital and Additional Paid-in Capital
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| Disclosure of subsidiaries [text block] |
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| Disclosure of trade and other receivables [text block] |
As at December 31, 2024 and 2023, the Group’s trade receivables amounted to $38,202,231 and $55,234,678, respectively.
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| Disclosure of treasury shares [text block] |
On January 24, 2022, the Company purchased 20,000 of its own shares for an aggregate consideration of $162,117 at the price of
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