Award Date [Domain]
Award Type [Axis]
Award Date [Axis]
ASC 842 [Member]
Accounting Standards Update 2016-02 [Member]
ASU 2014-09 [Member]
ASC 606 [Member]
Significant Accounting Policies [Abstract]
Trade accounts and other payables
Accounts Payable, Current
Accounts Receivable Trade, Net [Abstract]
Accounts receivable trade, net
Accounts Receivable, after Allowance for Credit Loss, Current
Net Trade Accounts Receivable [Abstract]
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract]
Accrued liabilities
Accrued Liabilities, Current
Ending balance
Beginning balance
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Additional paid-in capital
Stock based compensation
Adjustments to reconcile net loss to net cash (used in) / provided by operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Accounting Standards Update [Axis]
Stock-based compensation expense
Provision for doubtful accounts
Provision for credit losses
Accounts Receivable, Allowance for Credit Loss, Current
Amortization of deferred dry-docking costs
Amortization of deferred dry-docking costs
Amortization of Deferred Charges
Amortization of deferred finance charges
Amortization of Debt Issuance Costs
Amortization of convertible note beneficial conversion feature
Amortization (Note 11)
Convertible notes amortization of debt discount (non-cash)
Impairment of Long-Lived Assets (Vessels) [Abstract]
Asset Impairment Charges [Abstract]
ASSETS
Assets [Abstract]
TOTAL ASSETS
Assets
Total current assets
Assets, Current
Current assets:
Significant Accounting Policies
Capital Unit [Line Items]
Carrying Value [Member]
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Net increase / (decrease) in cash and cash equivalents and restricted cash
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Cash and Cash Equivalents, Restricted Cash and Term Deposits [Abstract]
Cash and cash equivalents and restricted cash at beginning of period
Cash and cash equivalents and restricted cash at end of period
Total
Cash and cash equivalents, including restricted cash
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Restricted Cash
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]
Cash and Cash Equivalents
Cash and Cash Equivalents, Policy [Policy Text Block]
Cash and Cash Equivalents, Restricted Cash and Term Deposits
Class of Warrant or Right [Domain]
Class of Warrant or Right [Axis]
Class of Warrant or Right [Table]
Class of Warrant or Right [Line Items]
Warrant exercise price (in dollars per share)
Exercise price of warrants issued (in dollars per share)
Warrants outstanding (in shares)
Class of Warrant or Right, Outstanding
Number of securities called by warrants (in shares)
Class of Warrant or Right, Number of Securities Called by Warrants or Rights
Number of securities called by each warrant (in shares)
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right
Commissions
Commissions, Policy [Policy Text Block]
Commitments and contingencies
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Commitments and Contingencies
Commitments and Contingencies, Policy [Policy Text Block]
Commitments and Contingencies [Abstract]
Common Stock [Member]
Common Stock [Abstract]
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Common stock, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Common stock, shares issued (in shares)
Common Stock, Shares, Issued
Common stock, shares authorized (in shares)
Common stock, shares outstanding (in shares)
Common stock, $0.0001 par value; 500,000,000 authorized shares as at December 31, 2020 and 2019; 68,314,985 and 1,681,253 shares issued and outstanding as at December 31, 2020 and 2019, respectively
Concentration Risk Type [Domain]
Concentration Risk Benchmark [Axis]
Concentration Risk Type [Axis]
Concentration Risk Benchmark [Domain]
Concentration Risk [Line Items]
Concentration Risk [Table]
Concentration risk percentage
Concentration Risk, Percentage
Concentration of Credit Risk
Concentration Risk, Credit Risk, Policy [Policy Text Block]
Principles of Consolidation
Consolidation, Policy [Policy Text Block]
Deferred Revenue [Abstract]
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]
Deferred revenue
Current portion of deferred revenue
Contract with Customer, Liability, Current
Deferred voyage expenses
Contract with Customer, Asset, after Allowance for Credit Loss, Current
Deferred revenue recognized
Deferred revenue recognized
Contract with Customer, Liability, Revenue Recognized
Deferred revenue, non-current
Convertible Notes [Member]
Convertible Debt [Member]
Debt [Abstract]
Convertible Notes [Abstract]
Convertible Notes Payable [Abstract]
Convertible notes, non-current, net of deferred finance costs and debt discounts of $5,839 and $212, respectively
Long-term portion
Beginning balance
Ending balance
Total
Convertible Notes Payable
Convertible notes, net of deferred finance costs of $NIL and $17, respectively
Less - current portion
Convertible Notes
Convertible Debt [Table Text Block]
Expenses:
Costs and Expenses [Abstract]
Customer Concentration Risk [Member]
Disaggregation of Revenue [Table]
Disaggregation of Revenue [Line Items]
Income from Charters [Abstract]
Disaggregation by Revenue Source [Abstract]
Income Derived from Spot Charters
Disaggregation of Revenue [Table Text Block]
Debt Discount [Abstract]
Going Concern [Abstract]
Debt Instrument, Periodic Payment [Abstract]
Term of loan
Balloon payment
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid
Convertible Notes [Abstract]
Debt Instrument, Redemption, Period [Axis]
Debt Instrument, Redemption, Period [Domain]
Conversion price (in dollars per share)
Margin on variable rate
Margin on variable rate
Face amount
Debt Instrument, Face Amount
Schedule of Long-term Debt Instruments [Table]
Debt Instrument [Axis]
Balance outstanding
Long-term debt and other financial liabilities
Total
Convertible notes
Frequency of periodic payment
Frequency of periodic payment
Convertible Notes
Debt Disclosure [Text Block]
Debt Instrument [Line Items]
Debt Instrument, Name [Domain]
Installment payment
Debt Instrument, Periodic Payment
Interest rate
Debt Instrument, Interest Rate, Stated Percentage
Interest rate
Long-Term Debt and Other Financial Liabilities [Abstract]
Beginning balance
Ending balance
Debt Instrument, Convertible, Carrying Amount of Equity Component
Maturity date
Debt Instrument, Maturity Date
Installment payment
Dry-Docking and Special Survey Costs
Deferred Charges, Policy [Policy Text Block]
Dry-Docking and Special Survey Costs [Abstract]
Deferred Costs [Abstract]
Deferred finance costs, current
Debt Issuance Costs, Current, Net
Less: Deferred financing costs
Deferred financing costs
Debt Issuance Costs, Net
Remaining deposit in escrow account
Deposits Assets, Current
Deposits assets, non-current
Vessel Depreciation
Depreciation, Depletion, and Amortization [Policy Text Block]
Depreciation
Depreciation
Depreciation for the period
Depreciation
Equity Incentive Plan [Abstract]
Equity Incentive Plan
Share-based Payment Arrangement [Text Block]
Securities Purchase Agreement [Abstract]
Loan Agreement [Abstract]
Omnibus Supplemental Agreements [Abstract]
Weighted average common shares outstanding
Loss per Share
Basic (in dollars per share)
Net loss per common share - basic (in dollars per share)
Earnings (Losses) per Share
Earnings Per Share, Policy [Policy Text Block]
Net loss per common share
Loss per Share [Abstract]
Net loss per common share - diluted (in dollars per share)
Diluted (in dollars per share)
Unrecognized cost for non-vested shares
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Unrecognized Cost for Non-vested Shares [Abstract]
Recognition period for unrecognized cost for non-vested shares
Equity Component [Domain]
Additional Paid-in Capital [Abstract]
Fair Market Value [Member]
Measurement Basis [Axis]
Fair Value Measurements
Fair Value of Financial Instruments, Policy [Policy Text Block]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, by Balance Sheet Grouping [Table]
Fair Value Measurement [Domain]
Financial Instruments [Abstract]
Financial Instruments [Abstract]
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Financial Instruments
Financial Instruments Disclosure [Text Block]
Foreign Currency Translation
Foreign Currency Transactions and Translations Policy [Policy Text Block]
Exchange rate
Foreign currency exchange losses, net
Foreign Currency Transaction Gain (Loss), before Tax
Grantee Status [Axis]
Grantee Status [Domain]
Gain on debt refinancing, gross of deferred financing fees and expenses
Gain (Loss) on Extinguishment of Debt, before Write off of Debt Issuance Cost
Gain on debt refinancing
Gains (Losses) on Restructuring of Debt
Gain on debt refinancing
Gain (Loss) on Extinguishment of Debt
General and administration expenses
General and Administrative Expense
General and Administrative Expenses [Member]
Impairment of Long-Lived Assets (Vessels)
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]
Impairment loss
Impairment loss
Impairment of Long-Lived Assets to be Disposed of
Income Statement Location [Axis]
Income Statement Location [Domain]
Consolidated Statements of Loss [Abstract]
Income Taxes [Abstract]
Income Tax Expense (Benefit), Continuing Operations, by Jurisdiction [Abstract]
Income taxes
Income taxes
Income Tax Expense (Benefit)
Income Taxes
Income Tax, Policy [Policy Text Block]
Other liabilities, non-current
Increase (Decrease) in Other Noncurrent Liabilities
Other current assets
Increase (Decrease) in Other Current Assets
Deferred voyage expenses
Increase (Decrease) in Contract with Customer, Asset
Other non-current assets
Increase (Decrease) in Other Noncurrent Assets
Deferred revenue
Increase (Decrease) in Contract with Customer, Liability
Trade accounts and other payables
Increase (Decrease) in Accounts Payable
Accounts receivable trade, net
Increase (Decrease) in Accounts Receivable
Accrued liabilities
Increase (Decrease) in Accrued Liabilities
Deferred charges, non-current
Increase (Decrease) in Deferred Charges
Changes in operating assets and liabilities:
Increase (Decrease) in Operating Capital [Abstract]
Inventories
Increase (Decrease) in Inventories
Prepaid expenses
Increase (Decrease) in Prepaid Expense
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Interest on subordinated debt
Interest Expense, Related Party
Interest and Finance Costs [Abstract]
Cash paid during the period for:
Accrued and unpaid interest
Unpaid interest
Interest and finance costs
Total
Interest Expense
Interest on long-term debt and other financial liabilities
Interest Expense, Long-term Debt
Other
Interest Expense, Other
Interest
Interest Paid, Excluding Capitalized Interest, Operating Activities
Inventories [Abstract]
Inventory [Line Items]
Inventory, Current [Table]
Inventories
Inventory Disclosure [Text Block]
Inventories
Inventory, Net
Inventories [Abstract]
Inventory, Net [Abstract]
Inventories
Inventory, Policy [Policy Text Block]
Term Deposits
Investment, Policy [Policy Text Block]
Deferred charges and other long-term investments, non-current
LIBOR [Member]
Future Minimum Contractual Charter Revenue
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block]
Total
Lessor, Operating Lease, Payments to be Received
2022
Lessor, Operating Lease, Payment to be Received, Year Two
2021
Lessor, Operating Lease, Payment to be Received, Year One
2023
Lessor, Operating Lease, Payment to be Received, Year Three
Future Minimum Contractual Charter Revenue [Abstract]
Lessor, Lease, Description [Line Items]
Lessor, Lease, Description [Table]
Renewal term of time charter agreements
Lessor, Operating Lease, Renewal Term
Commitments and Contingencies [Abstract]
Lessor, Operating Lease, Description [Abstract]
Term of time charter agreements
Lessor, Operating Lease, Term of Contract
Lease term of new office spaces
Lessee, Operating Lease, Term of Contract
2023
Less: imputed interest
Lessee, Operating Lease, Liability, Undiscounted Excess Amount
Thereafter
Lessee, Operating Lease, Liability, to be Paid, after Year Five
Renewal term of new office spaces
2024
Office Lease [Abstract]
Lessee, Operating Lease, Description [Abstract]
Total
Lessee, Operating Lease, Liability, to be Paid
Office Rental Obligations
2025
Lessee, Operating Lease, Liability, to be Paid, Year Five
2022
2021
Convertible Notes [Abstract]
Convertible Debt [Abstract]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Domain]
Lease Contractual Term [Axis]
Lease Contractual Term [Domain]
Leases [Abstract]
Leases [Abstract]
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
Liabilities and Equity
LIABILITIES AND STOCKHOLDERS EQUITY
Liabilities and Equity [Abstract]
Total liabilities
Liabilities
Non-current liabilities:
Liabilities, Noncurrent [Abstract]
Total current liabilities
Liabilities, Current
Current liabilities:
Liabilities, Current [Abstract]
Outstanding balance
Long-term Line of Credit
Troubled Debt Restructurings
Troubled Debt Restructuring [Policy Text Block]
December 31, 2023
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three
December 31, 2024
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four
December 31, 2021
Scheduled installments to third party lenders due within one year
Fixed interest long-term debt
Long-term Debt, Fair Value
December 31, 2022
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two
Weighted average interest rate
Long-term Debt, Weighted Average Interest Rate, over Time
Annual Principal Payments [Abstract]
Long-Term Debt and Other Financial Liabilities [Abstract]
Long-Term Debt and Other Financial Liabilities
Long-term Debt [Text Block]
Total
Long-term Debt
Long-term Debt [Member]
Long-term Debt [Member]
Loss Contingencies [Line Items]
Loss Contingency Nature [Axis]
Loss Contingencies [Table]
Loss Contingency, Nature [Domain]
Repairs and Maintenance
Maintenance Cost, Policy [Policy Text Block]
Accumulated Depreciation [Abstract]
Movement in Accumulated Depreciation, Depletion and Amortization, Property, Plant and Equipment [Roll Forward]
Cost [Abstract]
Movement in Property, Plant and Equipment [Roll Forward]
Basis of Presentation and General Information
Nature of Operations [Text Block]
Net cash (used in) / provided by operating activities
Net Cash Provided by (Used in) Operating Activities
Net loss
Net loss
Cash flows from investing activities:
Net Cash Provided by (Used in) Investing Activities [Abstract]
Cash flows from operating activities:
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Net cash provided by / (used in) financing activities
Net Cash Provided by (Used in) Financing Activities
Cash flows from financing activities:
Net Cash Provided by (Used in) Financing Activities [Abstract]
New Accounting Pronouncements or Change in Accounting Principle [Table]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Recent Accounting Pronouncements Adopted and Not Yet Adopted
New Accounting Pronouncements, Policy [Policy Text Block]
Noncash financing activities:
Noncash Investing and Financing Items [Abstract]
Total other expenses, net
Nonoperating Income (Expense)
Due to related parties, net of deferred finance costs of $NIL and $113, respectively
Notes Payable, Related Parties, Current
Number of reportable segments
Over-Allotment Option [Member]
Office Rental Obligations [Abstract]
Present value of lease liabilities
Operating Lease, Liability
Impairment charge
Vessel operating expenses
Operating Costs and Expenses
Lease liability, non-current
Lease liabilities, non-current
Operating Lease, Liability, Noncurrent
Lease liability
Lease liabilities, current
Operating Lease, Liability, Current
Rent expense
Operating Lease, Expense
Right of use asset - leases
Operating Lease, Right-of-Use Asset
Income Derived from Time Charters
Operating Lease, Lease Income [Table Text Block]
Operating (loss) / income
Operating Income (Loss)
Basis of Presentation and General Information [Abstract]
Other income / (expenses), net:
Other current assets
Other non-current assets
Other non-current assets:
Other liabilities, non-current
Payments of financing and stock issuance costs
Payment of Financing and Stock Issuance Costs
Vessels acquisitions and improvements
Advance payment for vessels acquisitions
Payments to Acquire Property, Plant, and Equipment
Plan Name [Axis]
Plan Name [Domain]
Portion at Fair Value Measurement [Member] [Default]
Preferred stock, shares issued (in shares)
Preferred Stock, Shares Issued
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; none issued
Preferred Stock, Value, Issued
Preferred stock, par value (in dollars per share)
Preferred Stock, Par or Stated Value Per Share
Preferred stock, shares authorized (in shares)
Prepaid expenses
Prepaid Expense, Current
Private Placement [Member]
Private Placement [Member]
Proceeds from exercise of warrants
Proceeds from Warrant Exercises
Proceeds from secured long-term debt
Proceeds from drawdown
Proceeds from issuance of common stock and warrants, net of underwriters fees and commissions
Gross proceeds
Proceeds from related party debt
Proceeds from related party debt
Net proceeds from sale of vessels
Proceeds from Sale of Productive Assets
Proceeds from sale of vessel
Proceeds from Sale of Property, Plant, and Equipment
Estimated useful life
Property, Plant and Equipment, Useful Life
Additions
Property, Plant and Equipment, Additions
Other fixed assets, net
Property, Plant and Equipment, Other, Net
Property, Plant and Equipment [Line Items]
Vessels, Net
Property, Plant and Equipment Disclosure [Text Block]
Long-Lived Tangible Asset [Axis]
Property, Plant and Equipment, Type [Axis]
Vessels, Net
Property, Plant and Equipment [Table Text Block]
Vessels, Net [Abstract]
Vessel Depreciation [Abstract]
Property, Plant and Equipment, Gross [Abstract]
Long-Lived Tangible Asset [Domain]
Property, Plant and Equipment, Type [Domain]
Beginning balance
Ending balance
Property, Plant and Equipment, Gross
Total fixed assets
Net book value
Property, Plant and Equipment, Net
Vessels
Property, Plant and Equipment, Policy [Policy Text Block]
Fixed assets:
Vessels, Net [Abstract]
Property, Plant and Equipment, Net [Abstract]
Inventory [Axis]
Inventory [Domain]
Purchase obligation
Interest and Finance Costs - Related Party [Abstract]
Related Party Transactions [Abstract]
Related Party [Domain]
Related Party Transaction [Line Items]
Related Party [Axis]
Related Party Transaction [Axis]
Related Party Transaction [Domain]
Repayments of long-term debt, and other financial liabilities
Settlement amount
Prepayment of principal amount
Repayments of long-term debt
Repayments of related party debt
Repayments of Related Party Debt
Restricted cash, non-current
Restricted cash
Restricted Stock [Member]
Accumulated deficit
Retained Earnings (Accumulated Deficit)
Accumulated Deficit [Member]
Retained Earnings [Member]
Revenue Recognition
Revenue from Contract with Customer [Policy Text Block]
Vessel revenue
Revenue from Contract with Customer, Excluding Assessed Tax
Revenue Recognition [Abstract]
Revenue [Abstract]
Revenues:
Revenues [Abstract]
Vessel revenue, net
Vessel revenues, net of commissions
Revenues
Going Concern
Sale and Leaseback Transactions
Sale Leaseback Transactions, Policy [Policy Text Block]
Net proceeds
Net proceeds
Sale of Stock, Consideration Received on Transaction
Sale of Stock [Domain]
Revenues [Member]
Plan [Member]
Restricted Shares
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
Inventories
Schedule of Inventory, Current [Table Text Block]
Interest and Finance Costs - Related Party
Revenue from Charterers
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
Annual Principal Payments
Schedule of Maturities of Long-term Debt [Table Text Block]
Long-Term Debt and Other Financial Liabilities
Schedule of Debt [Table Text Block]
Net Loss per Common Share
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Cash and Cash Equivalents, Restricted Cash and Term Deposits
Schedule of Cash and Cash Equivalents [Table Text Block]
Schedule of Capital Units [Table]
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table]
Property, Plant and Equipment [Table]
Schedule of Related Party Transactions, by Related Party [Table]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Outstanding Warrants
Net Trade Accounts Receivable Disaggregated by Revenue Source
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Current portion of long-term debt and other financial liabilities, net of deferred finance costs and debt discounts of $995 and $2,443, respectively
Less - current portion
Secured Debt, Current
Long-term debt and other financial liabilities, net of current portion and deferred finance costs and debt discounts of $2,532 and $NIL, respectively
Long-term portion
Sale and Leaseback Transaction [Abstract]
Senior Long-Term Debt [Abstract]
Subsequent Events [Abstract]
Long-Term Debt and Other Financial Liabilities [Member]
Secured Debt [Member]
Segment Reporting
Segment Reporting, Policy [Policy Text Block]
Segment Reporting [Abstract]
Equity Incentive Plan [Abstract]
Share-based Payment Arrangement, Disclosure [Abstract]
Weighted Average Grant Date Price [Roll Forward]
Non-Employees [Member]
Share-based Payment Arrangement, Nonemployee [Member]
Board of Directors and Certain Employees [Member]
Stock based compensation
Share-based Payment Arrangement, Noncash Expense
Fair value per unit (in dollars per share)
Share price (in dollars per share)
Sales price per unit (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value
Vesting period
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period
Granted (in shares)
Shares granted (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period
Forfeited (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Vested (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares)
Outstanding at end of year (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number
Granted (in dollars per share)
Weighted average grant date fair value (in dollars per share)
Vested (in dollars per share)
Outstanding at beginning of year (in dollars per share)
Outstanding at end of year (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Shares reserved for issuance (in shares)
Shares reserved for issuance under Equity Incentive Plan (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized
Equity Award [Domain]
Stock-based Compensation
Share-based Payment Arrangement [Policy Text Block]
Equity Incentive Plan [Abstract]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Abstract]
Balance (in shares)
Balance (in shares)
Shares, Outstanding
Consolidated Balance Sheets [Abstract]
Statement [Table]
Statement [Line Items]
Consolidated Statements of Cash Flows [Abstract]
Equity Components [Axis]
Consolidated Statements of Stockholders' Equity [Abstract]
Shares issued in connection with financing
Stock Issued
Issuance of common stock (in shares)
Issuance of common stock and warrants (in shares)
Shares issued (in shares)
Stock based compensation (in shares)
Fair value of stock issued
Issuance of common stock
Stock Issued During Period, Value, New Issues
Capital Structure
Stockholders' Equity Note Disclosure [Text Block]
Reverse stock split ratio
Stockholders' Equity Note, Stock Split, Conversion Ratio
Total Stockholders' equity
Balance
Balance
Stockholders' Equity Attributable to Parent
STOCKHOLDERS EQUITY
Stockholders' Equity Attributable to Parent [Abstract]
Capital Structure [Abstract]
Subsequent Event Type [Axis]
Subsequent Events
Subsequent Event [Line Items]
Subsequent Event Type [Domain]
Subsequent Event [Member]
Subsequent Event [Member]
Subsequent Events [Abstract]
Subsequent Event [Table]
Sale of Stock [Axis]
SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental Cash Flow Information [Abstract]
Accounts Receivable Trade, Net
Accounts Receivable [Policy Text Block]
Accounting Standards Update [Domain]
Insurance Claims
Unpaid Policy Claims and Claims Adjustment Expense, Policy [Policy Text Block]
Use of Estimates
Variable Rate [Domain]
Variable Rate [Axis]
Warrants [Abstract]
Warrants and Rights Note Disclosure [Abstract]
Term of warrant
Warrants and Rights Outstanding, Term
Basic (in shares)
Weighted average common shares outstanding - basic (in shares)
Weighted average common shares outstanding - diluted (in shares)
Diluted (in shares)
Counterparty Name [Axis]
Consolidated Entities [Domain]
Consolidated Entities [Axis]
Cumulative Effect, Period of Adoption [Domain]
Cumulative Effect, Period of Adoption [Axis]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Board of Directors [Member]
Executive Officers [Member]
Customer [Axis]
Maximum [Member]
Minimum [Member]
Customer [Domain]
Product and Service [Domain]
Product and Service [Axis]
Statistical Measurement [Axis]
Statistical Measurement [Domain]
Counterparty Name [Domain]
Scenario [Domain]
Scenario [Axis]
Cover [Abstract]
Amendment Flag
Current Fiscal Year End Date
Document Period End Date
Country of incorporation
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Filer Category
Entity Registrant Name
Entity Central Index Key
Entity Common Stock, Shares Outstanding
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Type
Document Annual Report
Document Transition Report
Document Shell Company Report
Entity Interactive Data Current
Entity Shell Company
Entity Emerging Growth Company
Jelco Delta Holding Corp. (Jelco) is a company affiliated with Claudia Restis, who is the Company's principal shareholder.
Jelco Delta Holding Corp. [Member]
Jelco [Member]
Term of the interest rate that fluctuates over time as a result of an underlying benchmark interest rate or index.
Debt Instrument, Term of variable rate
Term of variable rate
The number of bullet payments in which the debt instrument can be repaid.
Debt Instrument, Number of bullet payments
Number of bullet payments
Convertible promissory note with Jelco Delta Holding Corp. issued for general corporate purposes on March 12, 2015 (First Jelco Note).
First Jelco Note [Member]
First Jelco Note [Member]
Convertible promissory note with Jelco Delta Holding Corp. issued on September 27, 2017 (Third Jelco Note).
Third Jelco Note [Member]
Third Jelco Note [Member]
All long-term debt and other financial liabilities of the Company, excluding convertible notes.
Long-Term Debt and Other Financial Liabilities [Member]
Long-Term Debt and Other Financial Liabilities [Member]
The number of consecutive, periodic payment installments in which the debt is to be repaid.
Debt Instrument, Number of consecutive payment installments
Number of consecutive payment installments
Number of payment installments
The additional percentage payment for difference between the market price and the floor price the company needs to pay at the time of purchase, if the market value of the vessel is greater than a floor price.
Additional Percentage Payment for Difference Between Market Price and Floor Price
Additional percentage payment for difference between market price and floor price
Term of charter on a bareboat basis under the sale leaseback transaction, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Sale Leaseback Agreement, Term of Charter Contract
Term of charter contract
Amount of floor price in a sale-leaseback agreement.
Sale Leaseback Agreement, Floor Price
Floor price
Amount of deposit paid in a transaction involving the sale of property to another party and the lease of the property back to the seller.
Sale Leaseback Agreement, Deposit
Deposit made under sale and leaseback agreement
Deposits made under sale and leaseback transactions
Face amount of financial liability at time of sale and leaseback agreement.
Financial Liability, Face Amount
Face amount
Sale and leaseback agreement for the Championship with Cargill International SA dated November 7, 2018.
Sale and Leaseback Agreement for Championship [Member]
Sale and Leaseback Agreement for Championship [Member]
An additional tranche provided to the Company under the sale and leaseback agreement with Cargill International SA dated November 7, 2018 for the purpose of financing the cost associated with the acquisition and installation on board the Championship of an open loop scrubber system.
Scrubber Tranche [Member]
Scrubber Tranche [Member]
Cost of vessels, including contract price and any material expenses incurred upon acquisition (initial repairs, improvements and delivery expenses, interest and on-site supervision costs incurred during the construction periods), less accumulated depreciation.
Vessels, net
A term deposit held by a bank or other financial institution for a short-term specified period of time.
Term deposit
Term deposits
Sale and leaseback agreement for the Knightship with Hanchen Limited, an affiliate of AVIC International Leasing Co., Ltd. dated June 28, 2018.
Sale and Leaseback Agreement for Knightship [Member]
Sale and Leaseback Agreement for Knightship [Member]
Amount of cash payment made to the owner under the sale leaseback agreement upon the delivery of the vessel.
Sale Leaseback Agreement, Upfront charterhire payment
Upfront charterhire payment
The minimum threshold value maintenance ratio (expressed as a percentage) as defined in the additional clauses of the bareboat charter to be maintained by the Company.
Value Maintenance Ratio to be Maintained
Minimum value maintenance ratio to be maintained
Amount of cash paid for deposits under sale and leaseback agreements.
Cash Paid for Deposits
Deposits
Deposit made under sale and leaseback agreement
Fuel poured into a ship's bunkers to power its engines that is stored as inventory.
Bunkers [Member]
Bunkers [Member]
Substance, such as oil or grease, used for minimizing friction, especially in an engine, that is stored as inventory.
Lubricants [Member]
Lubricants [Member]
Term of moving average balance required to be maintained in an earnings account under the debt instrument, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
Debt Instrument, Term of moving average balance
Term of moving average balance
Amount of the required periodic payments applied to principal that have been deferred.
Debt Instrument, Periodic Payment, Principal payments deferred
Installment payments deferred
Amount of fees incurred in connection with an amendment or modification to any provision of a debt instrument during the period.
Debt Instrument, Amendment Fee
Amendment fee
Face amount of the debt instrument that is available for borrowing at time the agreement is executed and/or amended.
Debt Instrument, Borrowing capacity
Borrowing capacity
Loan agreement with Alpha Bank A.E., for a secured loan facility dated March 6, 2015.
Loan Agreement dated March 6, 2015 [Member]
Leader Alpha Bank Loan Facility [Member]
Amount of moving average balance required to be maintained in the Earnings Account of the specified vessel under the debt instrument.
Debt Instrument, Moving average balance
Moving average balance
Loan agreement with Alpha Bank A.E. for a secured loan facility dated November 4, 2015.
Loan Agreement dated November 4, 2015 [Member]
Squire Alpha Bank Loan Facility [Member]
Amount of the required periodic prepayments applied to principal.
Debt Instrument, Periodic Prepayment, Principal
Installment prepayment
The carrying amount of minimum liquidity requirements required to be maintained by the borrower under the loan agreement that are not restricted as to withdrawal or usage that were cancelled.
Minimum liquidity requirements cancelled
Minimum liquidity requirements cancelled
The threshold ratio (expressed as a percentage) of the market value of the vessel plus any additional security to the total facility outstanding for 2020.
Market Value of Vessel to Total Facility Outstanding Ratio 1
Ratio of market value of Squireship to total facility outstanding for 2020
The threshold ratio (expressed as a percentage) of the market value of the vessel plus any additional security to the total facility outstanding from January 1, 2022 until maturity.
Market Value of Vessel to Total Facility Outstanding Ratio 3
Ratio of market value of Squireship to total facility outstanding until maturity
The threshold ratio (expressed as a percentage) of the market value of the vessel plus any additional security to the total facility outstanding for 2021.
Market Value of Vessel to Total Facility Outstanding Ratio 2
Ratio of market value of Squireship to total facility outstanding for 2021
The number of prepayments of required periodic payments applied to principal.
Debt Instrument, Number of prepayments
Number of prepayments
The percentage of net proceeds from public offerings of securities used to prepay the full or any part of the loan after waiving the mandatory prepayment obligation under a Securities Purchase Agreement with Jelco Delta Holding Corp.
Percentage of Net Proceeds from Public Offerings Used to Prepay Loan
Percentage of net proceeds from public offerings used to prepay loan
Additions to unamortized debt issuance costs during the period.
Debt Issuance Costs, Additions
Deferred finance cost
In exchange for Units, Jelco waived payment of unpaid interest through March 31, 2019.
Waiver of Unpaid Interest on Jelco Notes and Jelco Loans [Member]
Waiver of Unpaid Interest on Jelco Notes and Jelco Loans [Member]
In exchange for Units, Jelco (i) amended the interest rate at 0% per annum under each of the Jelco Notes and Jelco Loans for the period between April 1, 2019 and December 31, 2019 and (ii) waived the mandatory prepayment obligation under the Fourth Jelco Loan to prepay the full or any part of the loan by utilizing an amount equal to not less than 25% of the net proceeds of any public offering of securities.
Amend Interest Rate for Jelco Notes and Jelco Loans and Waive Mandatory Prepayment Obligation Under Fourth Jelco Loan [Member]
Amend Interest Rate for Jelco Notes and Jelco Loans and Waive Mandatory Prepayment Obligation Under Fourth Jelco Loan [Member]
Loan agreement with Jelco Delta Holding Corp. originally entered into on March 26, 2019 (Fourth Jelco Loan).
Fourth Jelco Loan [Member]
Fourth Jelco Loan [Member]
The Notes and Loans with Jelco Delta Holding Corp. including the First Convertible Jelco Note dated March 12, 2015, Second Revolving Convertible Jelco Note dated September 7, 2015, Third Convertible Jelco Note dated September 27, 2017, First Jelco Loan dated October 4, 2016, Second Jelco Loan dated May 24, 2017, and Fourth Jelco Loan dated March 26, 2019.
Jelco Notes and Jelco Loans [Member]
Jelco Notes and Jelco Loans [Member]
Loan agreement with UniCredit Bank AG for a secured loan facility dated September 11, 2015.
Loan Agreement dated September 11, 2015 [Member]
UniCredit Bank Loan Facility [Member]
The increase (decrease) in the margin percentage for the deferral period.
Debt Instrument, Margin Increase (Decrease) for Deferral Period
Increase in margin for deferral period
Loan agreement with HSH Nordbank AG for a secured loan facility dated September 1, 2015.
Loan Agreement dated September 1, 2015 [Member]
HCOB Facility [Member]
Disclosure of information about deferred charges, including dry-docking and special survey costs.
Deferred Charges [Table]
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
Deferred Charges [Line Items]
Amortization period for dry-docking and special survey costs based on the expected date of the next dry-docking, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Dry-Docking and Special Survey Costs, Amortization Period
Amortization period for dry-docking and special survey costs
The minimum liquidity requirement to be maintained by the borrower under the loan agreement that is restricted as to withdrawal or usage.
Minimum liquidity requirement for loan facility, restricted
Minimum liquidity requirements per New ATB Loan Facility
The number of financial institutions where restricted deposits are pledged as collateral regarding credit card balances.
Number of financial institutions where restricted deposits are pledged as collateral regarding credit card balances
Number of financial institutions where restricted deposits are pledged as collateral regarding credit card balances
The carrying amount of the dry-docking reserve account for M.V Partnership required to be maintained by the borrower under the loan agreement.
Dry-docking reserve account
Dry-docking reserve account
The carrying amount of minimum liquidity requirements per owned vessel required to be maintained by the borrower under the loan agreement that are not restricted as to withdrawal or usage.
Minimum Liquidity Requirements Per Owned Vessel
Minimum liquidity requirements per owned vessel
The carrying amount of restricted deposits pledged as collateral regarding credit card balances with a financial institution.
Restricted deposits pledged as collateral
Restricted deposits pledged as collateral
The carrying amount of minimum liquidity requirements required to be maintained by the borrower per the Company's credit facilities covenants under the loan agreement that are not restricted as to withdrawal or usage.
Minimum liquidity requirements for credit facilities covenants
Minimum liquidity requirements for credit facilities covenants
A time charter is a contract to charter a vessel for a fixed period at a set daily rate.
Time Charter [Member]
Time Charter [Member]
A spot charter is a contract to carry specific cargo from a load port to a discharge port at a per-day rate or a per-ton carry amount, depending on the agreement.
Spot Charter [Member]
Spot Charter [Member]
Income from payments made by the charterer to the vessel owner when loading or discharging time exceeds the stipulated time in the voyage charter agreements.
Demurrage Income
Demurrage income
Expense for payments made to the charterer by the vessel owner when loading or discharging time is faster than the stipulated time in the voyage charter agreements.
Despatch Expense
Despatch expense
Amount of revenues from charterers, net of commissions and voyage expenses.
Vessel revenues, net of commissions and voyage expenses
Total
Voyage Expenses consisting of port, canal and bunker expenses and commission costs that are incurred on time-charter and voyage-charter arrangements. Commissions are paid directly to brokers by the company.
Voyage Expenses
Voyage expenses
Number of new stock issued during the period, including the exercise of warrants.
Stock Issued During Period, Including Exercise of Warrants, Shares, New Issues
Issuance of common stock (including the exercise of warrants) (in shares)
Equity impact of the value of new stock and warrants for common stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.
Stock and Warrants Issued During Period, Value, New Issues
Issuance of common stock and warrants
Amount of increase (decrease) in additional paid in capital (APIC) resulting from the release of interest with related parties that was waived based on the amendment to the Third Jelco Loan in March 2019.
Adjustments to Additional Paid in Capital, Release of Related Party Liability
Related parties liabilities released
Number of new stock and warrants issued during the period.
Stock and Warrants Issued During Period, Shares, New Issues
Issuance of common stock and warrants (in shares)
Amount of increase (decrease) in additional paid in capital (APIC) resulting from the change in the value of the conversion option of the Jelco Notes.
Adjustments to Additional Paid in Capital, Fair Value Adjustments
Change in fair value of conversion option (Note 9)
Amount of increase (decrease) in additional paid in capital (APIC) resulting from the issuance of units in exchange for the settlement of all accrued and unpaid interest under the Jelco Loans and Jelco Notes as well as an amendment fee, restructuring fees and the fair value measurement of units issued.
Adjustments to Additional Paid in Capital, Issuable units
Issuable units (Notes 7, 8 & 9)
Amount of increase (decrease) in additional paid in capital (APIC) resulting from the issuance of an option to issue additional securities pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Adjustments to Additional Paid in Capital, Issuance of option for units
Issuance of option for units (Note 9)
Equity impact of the value of new stock, including the exercise of warrants for common stock, issued during the period.
Stock Issued During Period, Including Exercise of Warrants, Value, New Issues
Issuance of common stock (including the exercise of warrants)
Watercraft used as a means of transportation on water.
Vessels [Member]
Vessels [Member]
The value of related party debt drawn down in noncash financing transactions.
Related party debt drawdown
Related party debt drawdown (Note 7 & 8)
The value of related party debt refinanced in noncash financing transactions.
Related party debt refinanced
Related party debt refinanced (Note 7 & 8)
Value of shares issued by the Company to settle deferred finance costs in connection with a related party financing.
Deferred finance cost in connection with related party financing
Units / shares issued to settle deferred finance cost in connection with financing - former related party (Note 1, 7 & 8)
Value of shares issued by the Company in lieu of making interest payments in connection with a related party financing.
Interest payment reduction in connection with related party financing
Shares issued in lieu of interest payments in connection with financing - related party (Note 7, 8 & 9)
Value of shares issued by the company to settle unpaid interest in connection with a related party financing.
Unpaid interest settled in connection with related party financing
Units / shares issued to settle unpaid interest in connection with financing - former related party (Note 1, 7, 8 & 9)
Amount of expense (income) related to adjustment to fair value of units issued to former related party.
Fair Value Adjustment of Units
Fair value measurement of units issued to former related party
Fair value measurement of units issued to former related party
Amount of amortization expense attributable to debt discount (premium) and debt issuance costs incurred on a debt or other obligation to related party.
Amortization of Debt Issuance Costs and Discounts, Related Party
Amortization of deferred finance charges - related party
Amount of increase (decrease) in obligation to transfer good or service to customer for which consideration has been received or is receivable classified as noncurrent.
Increase (Decrease) in Contract with Customer, Liability, Noncurrent
Deferred revenue, non-current
Amount of unpaid interest waived in connection with a related party financing.
Unpaid Interest Waived, Related Party
Unpaid interest waived - related party (Note 7 & 8)
Amount of increase (decrease) in long-lived, physical assets used to produce goods and services and not intended for resale, classified as other.
Increase (Decrease) in Other Fixed Assets, Net
Other fixed assets, net
The cash outflow for term deposits.
Payments for Term Deposits
Term deposits
Increase (decrease) in the fair value of the conversion option of the Jelco Notes.
Change in fair value of conversion option
Change in fair value of conversion option
Change in fair value of conversion option (Note 9)
Fair value of the option granted to Jelco to purchase additional securities pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Issuance of option for units
Fair value of option granted
Issuance of option for units (Note 9)
Expenses incurred as a result of the modification of debt agreement under the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Restructuring expenses for debt
Restructuring expenses related to debt
Restructuring expenses
Address commissions expensed by third parties.
Address Commissions
Commissions
Interest and debt related expenses incurred on a debt or other obligation to related party.
Interest and Debt Expense, Related Party
Interest and finance costs - related party
Total
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities and income related to nonoperating activities classified as other.
Investment Income, Interest and Other Income
Interest and other income
Fees paid to third parties for providing general administrative and support services, such as crewing and other technical management, accounting related to vessels and provisions.
Management Fees
Management fees
Number of vessels that had exhaust gas cleaning systems, or scrubbers, installed on them during the period that are also under long-term time charter agreements.
Property, Plant and Equipment, Number of vessels having scrubbers installed
Number of vessels having scrubbers installed
Number of operating lease agreements entered into by the lessor.
Lessor, Operating Lease, Number of agreements
Number of time charter agreements
The number of time charter agreements the Company commenced during the period.
Lessor, Operating Lease, Number of Time Charters Commenced
Number of time charters commenced
Long-term time charter agreements entered into by the Company.
Long-Term Time Charter Agreements [Member]
Long-Term Time Charter Agreements [Member]
Number of vessels that will have exhaust gas cleaning systems, or scrubbers, installed on them and employed under long-term time charters determined to be operating leases.
Number of vessels that will have scrubbers installed
Number of vessels that will have scrubbers installed
Period that estimated charter rates are used to determine undiscounted projected operating cash flows for each vessel, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Term of estimated charter rates used to determine undiscounted projected operating cash flows
Term of estimated charter rates used to determine undiscounted projected operating cash flows
Period that historical charter rates are used to determine undiscounted projected operating cash flows for each vessel, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Term of historical charter rates used to determine undiscounted projected operating cash flows
Term of historical charter rates used to determine undiscounted projected operating cash flows
Summarization of information for subsidiaries included in the consolidated financial statements.
Subsidiaries in Consolidation [Table]
Subsidiaries in Consolidation [Table]
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
Subsidiaries in Consolidation [Line Items]
Subsidiaries in Consolidation [Line Items]
Basis of Presentation [Abstract]
Basis of Presentation and General Information [Abstract]
Wholly-owned subsidiary of the Company, incorporated in the Marshall Islands.
Champion Marine Co. - Marshall Islands [Member]
Champion Marine Co. [Member]
Wholly-owned subsidiary of the Company.
Lord Ocean Navigation Co. [Member]
Lord Ocean Navigation Co. [Member]
Wholly-owned subsidiary of the Company.
Premier Marine Co. [Member]
Premier Marine Co. [Member]
Wholly-owned subsidiary of the Company.
Sea Genius Shipping Co. [Member]
Sea Genius Shipping Co. [Member]
Wholly-owned subsidiary of the Company, incorporated in Liberia.
Champion Marine Co. - Liberia [Member]
Champion Marine Co. [Member]
Vessel owning subsidiaries owned by Maritime Capital Shipping Limited (MCS).
Maritime Grace Shipping Limited [Member]
Maritime Grace Shipping Limited [Member]
Wholly-owned subsidiary of the Company.
Squire Ocean Navigation Co. [Member]
Squire Ocean Navigation Co. [Member]
Wholly-owned subsidiary of the Company.
Champion Ocean Navigation Co. [Member]
Champion Ocean Navigation Co. Limited [Member]
Wholly-owned subsidiary of the Company.
Fellow Shipping Co. [Member]
Fellow Shipping Co. [Member]
Chartering services company.
Pembroke Chartering Services Limited [Member]
Pembroke Chartering Services Limited [Member]
Wholly-owned subsidiary of the Company.
Emperor Holding Ltd. [Member]
Emperor Holding Ltd. [Member]
Wholly-owned subsidiary of the Company.
Gladiator Shipping Co. [Member]
Gladiator Shipping Co. [Member]
Vessel owning subsidiaries owned by Maritime Capital Shipping Limited (MCS).
Maritime Glory Shipping Limited [Member]
Maritime Glory Shipping Limited [Member]
Wholly-owned subsidiary of the Company.
Guardian Shipping Co. [Member]
Guardian Shipping Co. [Member]
Wholly-owned subsidiary of the Company.
Martinique International Corp. [Member]
Martinique International Corp. [Member]
Wholly-owned subsidiary of the Company.
Harbour Business International Corp. [Member]
Harbour Business International Corp. [Member]
Wholly-owned subsidiary of the Company.
Maritime Capital Shipping Limited [Member]
Maritime Capital Shipping Limited [Member]
Wholly-owned subsidiary of the Company and a Management company.
Seanergy Shipmanagement Corp. [Member]
Seanergy Shipmanagement Corp. [Member]
Management company.
Maritime Capital Shipping (HK) Limited [Member]
Maritime Capital Shipping (HK) Limited [Member]
Wholly-owned subsidiary of the Company.
Leader Shipping Co. [Member]
Leader Shipping Co. [Member]
Wholly-owned subsidiary of the Company and a Management company.
Seanergy Management Corp. [Member]
Seanergy Management Corp. [Member]
Wholly-owned subsidiary of the Company.
Good Ocean Navigation Co. [Member]
Good Ocean Navigation Co. [Member]
Subsidiaries in Consolidation [Abstract]
Subsidiaries in Consolidation [Abstract]
Date the vessel was sold or disposed of by the entity.
Date of Sale/Disposal
Date of sale/disposal
Date the vessel was delivered to the entity.
Date of Delivery
Date of delivery
The name of vessel.
Vessel Name
Vessel name
Wholly-owned subsidiary of the Company.
Partner Shipping Co. Limited [Member]
Partner Shipping Co. Limited [Member]
Wholly-owned subsidiary of the Company.
Knight Ocean Navigation Co. [Member]
Knight Ocean Navigation Co. [Member]
Wholly-owned subsidiary of the Company.
Sea Glorius Shipping Co. [Member]
Sea Glorius Shipping Co. [Member]
Vessel owning subsidiaries owned by Maritime Capital Shipping Limited (MCS).
Atlantic Grace Shipping Limited [Member]
Atlantic Grace Shipping Limited [Member]
Tabular disclosure of subsidiaries included in the consolidated financial statements.
Subsidiaries in Consolidation [Table Text Block]
Subsidiaries in Consolidation
A written promise to pay a note to a related party.
Related Party Debt [Member]
Due to Related Parties [Member]
Amount of unamortized debt discount (premium) and debt issuance costs classified as current.
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Current, Net
Deferred finance costs and debt discounts, current
Amount of unamortized debt discount (premium) and debt issuance costs classified as noncurrent.
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Noncurrent, Net
Deferred finance costs and debt discounts, noncurrent
The minimum percentage of the vote and value of the Company's stock that is owned, actually or constructively under specified stock attribution rules, on more than half the days during the taxable year by persons who each own 5% or more of the value of such class of the Company's outstanding stock under the 5 Percent Override Rule in Section 883 of the Internal Revenue Code of the United States.
Minimum stock ownership percentage under Override Rule
Minimum stock ownership percentage under 5% Override Rule
The number of the Company's vessel-owning subsidiaries registered in Malta.
Number of vessel-owning subsidiaries registered in Malta
Number of vessel-owning subsidiaries registered in Malta
Income tax charged on business carried on in Hong Kong during the period.
Profits tax
Hong Kong profits tax
The minimum percentage of the value of a class of the Company's outstanding stock owned by an individual on more than half the days during the taxable year under the 5 Percent Override Rule in Section 883 of the Internal Revenue Code of the United States.
Minimum stock ownership percentage for individual under Override Rule
Minimum stock ownership percentage for individual under 5% Override Rule
The minimum percentage of the value of the Company's stock that is owned, directly or indirectly, by individuals who are residents of the Company's country of organization or of another foreign country that grants an equivalent exemption to corporations organized in the United States.
Minimum stock ownership percentage under Ownership Test
Minimum stock ownership percentage under 50% Ownership Test
Statutory tax exemption for United States source income from the international operation of ships pursuant to Section 883 of the Internal Revenue Code of the United States.
Statutory Tax Exemption on United States Source Income [Member]
Statutory Tax Exemption on United States Source Income [Member]
The minimum percentage of days during the taxable year the vote and value of the Company's stock is owned, actually or constructively under specified stock attribution rules, by persons who each own 5% or more of the value of such class of the Company's outstanding stock under the 5 Percent Override Rule in Section 883 of the Internal Revenue Code of the United States.
Minimum percentage of days stock owned during taxable year under Override Rule
Minimum percentage of days stock owned during taxable year under 5% Override Rule
The annual contribution calculated on the total amount of foreign exchange annually imported and converted to Euros established in Greece under Greek Law 89/67 (as amended to date) that is to be paid in the next year.
Annual contribution
Greek annual contribution
An income tax rate percentage chargeable to business carried on in Hong Kong.
Profits tax rate percentage
Hong Kong profits tax rate percentage
Amount of debt discount before accumulated amortization.
Debt Instrument, Unamortized Discount, Gross
Beginning balance
Ending balance
Accumulated Deficit [Abstract]
Amount of increase (decrease) in the carrying amount of convertible notes attributable to the amortization of debt discount during the period.
Convertible Notes Payable, Increase (Decrease), Net
Amortization (Note 11)
Convertible promissory notes with Jelco Delta Holding Corp. issued on March 12, 2015 and September 27, 2017 (First and Third Jelco Notes).
First and Third Jelco Notes [Member]
First and Third Jelco Notes [Member]
Applicable Limit [Abstract]
The maximum principal amount available for drawing at any relevant time under the agreement.
Debt Instrument, Applicable Limit
Beginning balance
Ending balance
Applicable Limit
Amount of accumulated amortization for debt discount and premium associated with the related debt instruments.
Accumulated Amortization, Debt Discount (Premium)
Beginning balance
Ending balance
Air pollution control device for cleaning of the vessel's exhaust gas to comply with the low sulfur fuel oil requirement of the International Maritime Organization (IMO).
Scrubber [Member]
Scrubbers [Member]
A capesize vessel acquired on May 26, 2020.
Goodship [Member]
Capitalized expenditures increasing the earning capacity and improving the efficiency of long-lived, physical assets used in the normal conduct of business and not intended for resale.
Capitalized Expenditures [Member]
Capitalized Expenditures [Member]
The number of vessels acquired during the period.
Property, Plant and Equipment, Number of vessels acquired
Number of vessels acquired
External customer with whom the Company does business.
Customer D [Member]
External customer with whom the Company does business.
Customer B [Member]
External customer with whom the Company does business.
Customer A [Member]
Customer A [Member]
External customer with whom the Company does business.
Customer C [Member]
External customer with whom the Company does business.
Customer E [Member]
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fourth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Four
Thereafter
Number of additional units that can be purchased in exchange for the settlement of principal under the Second Jelco Loan Facility in an amount equal to the aggregate purchase price of the units pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Number of additional units that can be purchased
Number of additional units that can be purchased (in shares)
Percentage difference between the carrying value and fair market value of long-term debt.
Long-term Debt, Carrying value greater than (less than) fair market value, percentage
Percentage difference between carrying value and fair market value of fixed interest long-term debt
Fair value of units issued to Jelco pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Fair value of units issued
Fair value of units issued (in dollars per share)
Fair value of option granted to Jelco to purchase additional units pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Fair value of option granted
Fair value of option granted (in dollars per share)
Sales price of additional units that can be purchased in exchange for the settlement of principal under the Second Jelco Loan Facility in an amount equal to the aggregate purchase price of the units pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Sales price of additional units that can be purchased
Sales price of additional units that can be purchased (in dollars per share)
Loan agreement with Jelco Delta Holding Corp. originally entered into on May 24, 2017 (Second Jelco Loan).
Second Jelco Loan [Member]
Second Jelco Loan [Member]
Convertible promissory notes with Jelco Delta Holding Corp. issued on March 12, 2015 (First Jelco Note) and September 27, 2017 (Third Jelco Note) and revolving convertible promissory note issued on September 7, 2015 (Second Jelco Note).
Convertible Jelco Notes [Member]
Jelco Notes [Member]
Loan agreement with Jelco Delta Holding Corp. originally entered into on April 10, 2018 (Third Jelco Loan).
Third Jelco Loan [Member]
Third Jelco Loan [Member]
Loan agreement with Jelco Delta Holding Corp originally entered into on October 4, 2016 (First Jelco Loan).
First Jelco Loan [Member]
First Jelco Loan [Member]
On July 15, 2020, the Company entered into a loan agreement with Lucid Agency Services Limited and Lucid Trustee Services Limited, as facility agent and security agent, respectively, and certain nominees of EnTrust Global (an existing third-party lender of the Company) as lenders (the "New Entrust Loan Facility").
Loan Agreement dated July 15, 2020 [Member]
New Entrust Loan Facility [Member]
Amended and Restated Entrust Loan Facility [Member]
Disclosure of accounting policy for the entity's ability to continue as a going concern.
Going Concern, Policy [Policy Text Block]
Going Concern
Disclosure of accounting policy related to financing costs incurred with the issuance of debt.
Financing Costs, Policy [Policy Text Block]
Financing Costs
Disclosure of accounting policy for vessel voyage expenses.
Vessel Voyage Expenses, Policy [Policy Text Block]
Vessel Voyage Expenses
Disclosure of accounting policy for leasing arrangements entered into by lessee and lessor..
Leases, Lessee and Lessor [Policy Text Block]
Leases
Disclosure of accounting policy related to convertible debt and related beneficial conversion features.
Convertible Notes and Related Beneficial Conversion Features, Policy [Policy Text Block]
Convertible Notes and Related Beneficial Conversion Features
Disclosure of accounting policy for debt modifications and extinguishments.
Debt Modifications and Extinguishments, Policy [Policy Text Block]
Debt Modifications and Extinguishments
Disclosure of accounting policy for distinguishing liabilities from equity.
Distinguishing Liabilities from Equity, Policy [Policy Text Block]
Distinguishing Liabilities from Equity
Amount of convertible notes, net of beneficial conversion, before unamortized (discount) premium and debt issuance costs and change in the fair value of the conversion option.
Convertible Notes, Net of Beneficial Conversion Feature
Convertible notes, net of Beneficial Conversion Feature
Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date.
Debt Instrument, Beneficial Conversion Feature
Less: beneficial conversion feature
Fair value of the conversion option of the Jelco Convertible Notes.
Fair value of conversion option
Less: Change in fair value of conversion option
Revolving convertible promissory note with Jelco Delta Holding Corp. issued for general corporate purposes on September 7, 2015 (Second Jelco Note).
Second Jelco Note [Member]
Second Jelco Note [Member]
Loan agreement with Amsterdam Trade Bank N.V. for a loan facility dated February 13, 2019.
Loan Agreement dated February 13, 2019 [Member]
New ATB Loan Facility [Member]
The third tranche of the loan agreement with Amsterdam Trade Bank N.V. for a loan facility dated February 13, 2019.
Tranche C [Member]
Tranche C [Member]
The first tranche of the loan agreement with Amsterdam Trade Bank N.V. for a loan facility dated February 13, 2019.
Tranche A [Member]
Tranche A [Member]
The second tranche of the loan agreement with Amsterdam Trade Bank N.V. for a loan facility dated February 13, 2019.
Tranche B [Member]
Tranche B [Member]
The minimum required security cover threshold (expressed as a percentage) as defined in the loan facility agreement from July 1, 2021 until December 31, 2021 (inclusive).
Debt Instrument, Minimum Required Security Cover 2
Minimum required security cover until December 31, 2021 (inclusive)
The minimum required security cover threshold (expressed as a percentage) as defined in the loan facility agreement until June 30, 2021 (inclusive).
Debt Instrument, Minimum Required Security Cover 1
Minimum required security cover until June 30, 2021 (inclusive)
The leverage ratio (expressed as a percentage) as defined in the loan facility.
Debt Instrument, Leverage Ratio
Leverage Ratio
The minimum required security cover threshold (expressed as a percentage) as defined in the loan facility agreement from January 1, 2022 until the maturity of the loan facility on November 26, 2022.
Debt Instrument, Minimum Required Security Cover 3
Minimum required security cover thereafter and until maturity of loan on November 26, 2022
Class of security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Pre-Funded Warrant [Member]
Pre-Funded Warrant [Member]
Term for achieving maximum repayments for the period ending on December 31, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
Term for achieving maximum repayments
Term for achieving maximum repayments
Number of units issued, with each unit consisting of one common share of the Company (or, at Jelco's option, one pre-funded warrant in lieu of such common share) and one warrant to purchase one common share.
Number of Units Issued
Number of units issued (in shares)
Amount of mandatory repayment of principal required to be made pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Debt Instrument, Mandatory repayment
Mandatory repayment
Corporate liquidity as defined under the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Debt Instrument, Corporate liquidity
Corporate liquidity
The number of securities included in each unit sold.
Number of Securities included in Unit
Number of securities included in each unit (in shares)
Time charter equivalent revenues as defined under the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Debt Instrument, Time charter equivalent revenues
Time charter equivalent revenues
Security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Warrant to Purchase Common Share [Member]
Warrant [Member]
The percentage of net proceeds from future equity offerings and warrant exercises used to prepay loans under the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Percentage of net proceeds from future equity offerings and warrant exercises used to prepay loans
Percentage of net proceeds from future equity offerings and warrant exercises used to prepay loans
The number of mandatory repayments that must be made pursuant to terms of the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Debt Instrument, Number of Mandatory Repayments
Number of mandatory repayments
Maximum amount of repayments in any twelve-month period ending on December 31 under the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Maximum repayments in any twelve-month period ending on December 31
Maximum repayments in any twelve-month period ending on December 31
Contractual obligations to repay within 2021
Expenses incurred as a result of the modification of debt agreement and the issuance of units under the Omnibus Loans Agreement with Jelco Delta Holding Corp.
Restructuring expenses for issuance of units
Restructuring expenses related to issuance of units
The maximum principal amount available for draw down under the revolving convertible promissory note, as amended.
Debt Instrument, Drawdown request
Drawdown request
The number of times the debt agreement has been amended.
Debt Instrument, Number of amendments
Number of amendments
The pre-agreed sales price of the vessel M/V Lordship to the lender under the loan agreement on the fifth anniversary of the loan utilization (Year-5 Put Option).
Pre-agreed sales price of vessel under Year 5 Put Option
Pre-agreed sales price of vessel under Year-5 Put Option
The pre-agreed sales price of the vessel M/V Lordship to the lender under the loan agreement on the seventh anniversary of the loan utilization (Year-7 Put Option).
Pre-agreed sales price of vessel under Year 7 Put Option
Pre-agreed sales price of vessel under Year-7 Put Option
Period of time the debt instrument can be extended from the initial termination date, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Debt Instrument, Term of extension
Term of extension
Period of debt redemption under terms of the debt agreement due June 2025.
Debt Instrument, Redemption, Due June 2025 [Member]
Due June 2025 [Member]
Term loan facility with Lord Ocean Navigation Co., a wholly-owned subsidiary of the Company, and Wilmington Trust, National Association dated June 11, 2018. The facility is guaranteed by the Company.
Loan Agreement dated June 11, 2018 [Member]
Blue Ocean Maritime Lending Funds [Member]
Period of debt redemption under terms of the debt agreement due June 2023.
Debt Instrument, Redemption, Due June 2023 [Member]
Due June 2023 [Member]
Going Concern [Abstract]
Decrease in the Applicable Limit under the agreement. The Applicable Limit is the maximum principal amount available for drawing at any relevant time under the agreement.
Debt Instrument, Applicable Limit, Deductions
Deductions
The number of registered direct offerings of the Company's common shares.
Number of registered direct offerings
Number of registered direct offerings
Class of security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Class E Warrants [Member]
Class E Warrant [Member]
The number of private placements of the Company's common shares and warrants.
Number of Private Placements
Number of private placements
The number of follow-on public offerings of the Company's common shares and warrants.
Number of Follow-on Public Offerings
Number of follow-on public offerings
Period of time to provide written notice to prepay the whole or any part of the three Jelco notes in cash or, subject to Jelco's prior written agreement on the price per share, in a number of fully paid and nonassessable shares of the Company equal to the amount of the note(s) being prepaid divided by the agreed price per share, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Debt Instrument, Notice Period to Prepay Notes
Notice period to prepay Jelco notes
Purchase price of long-lived, physical asset used in the normal conduct of business and not intended for resale.
Property, Plant and Equipment, Purchase price
Gross purchase price
Number of agreements with unaffiliated third parties for the purchase of vessels.
Property, Plant and Equipment, Number of agreements for purchase of vessels
Number of agreements for purchase of vessels
The number of vessels purchased during the period.
Property, Plant and Equipment, Number of vessels purchased
Number of vessels purchased
Loan agreement with Amsterdam Trade Bank N.V. for a term loan facility dated May 24, 2017.
Loan Agreement 1 dated May 24, 2017 [Member]
ATB Loan Facility [Member]
Loan agreement with Amsterdam Trade Bank N.V. for a term loan facility dated May 24, 2017 and amended September 25, 2017.
Loan Agreement Amended September 25, 2017 [Member]
Amended and Restated ATB Loan Facility [Member]
Number of vessels serving as collateral under the debt instrument.
Number of vessels serving as collateral
Number of vessels serving as collateral
Vessels that are chartered on a bareboat basis under sales and leaseback agreements.
Bareboat Chartered Vessels [Member]
Bareboat Chartered Vessels [Member]
Company-owned vessels subject to first and second priority mortgages.
Vessels Subject to Mortgages [Member]
Vessels Subject to Mortgages [Member]
Value of warrants classified as liabilities vs. equity.
Warrants Classified as Liabilities
Warrants classified as liabilities
Distinguishing Liabilities from Equity [Abstract]
Distinguishing Liabilities from Equity [Abstract]
The repayment of long-term debt, that is wholly or partially secured by collateral, with cash on hand.
Repayments of Secured Debt Using Cash on Hand
Settlement amount funded with Company funds
Awards granted on January 10, 2019.
Awarded January 10, 2019 [Member]
Awarded January 10, 2019 [Member]
Awards granted on February 24, 2020.
Awarded February 24, 2020 [Member]
Awarded February 24, 2020 [Member]
Under the Seanergy Maritime Holdings Corp. 2011 Equity Incentive Plan (Plan), officers, key employees, directors, consultants and service providers may be granted incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, unrestricted stock and restricted stock units at the discretion of the Compensation Committee.
Seanergy Maritime Holdings Corp. 2011 Equity Incentive Plan [Member]
Equity Incentive Plan [Member]
Certain other non-executive employees of the entity.
Certain Other Non-Executive Employees [Member]
Certain Other Non-Executive Employees [Member]
Certain other employees of the entity.
Certain Other Employees [Member]
Certain Other Employees [Member]
Primary financial statement caption encompassing direct voyage expenses.
Direct Voyage Expenses [Member]
Direct Voyage Expenses [Member]
Sale of stock to the public and in a private placement to a related party.
Public Offering and Private Placement [Member]
Public Offering and Jelco Private Placement [Member]
Class of security issued to Jelco Delta Holding Corp. that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Pre-Funded Warrants - Jelco [Member]
Pre-Funded Warrants - Jelco [Member]
Class of security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Class B Warrants [Member]
Class B Warrant [Member]
Class B Warrants [Member]
Class of security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Class C Warrants [Member]
Class C Warrant [Member]
Class C Warrants [Member]
Class of security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Class D Warrants [Member]
Class D Warrant [Member]
On May 13, 2019, in connect with a public offering, the Company issued the representative of the underwriters a warrant to purchase 210,000 Common Shares (Representative Warrant).
Representative Warrants [Member]
Representative Warrants [Member]
Class of security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Class A Warrants [Member]
Class A Warrant [Member]
Security that gives the holder the right to purchase shares of stock in accordance with the terms of the instrument, usually upon payment of a specified amount.
Jelco Warrants [Member]
Jelco Warrants [Member]
The number of units included in a public offering, consisting of common shares and warrants.
Public offering, Units
Number of units included in public offering (in shares)
Number of warrants exercised during the period.
Warrants Exercised During Period, Shares
Warrants exercised (in shares)
The number of securities included in the unit offered.
Number of Securities included in units offered
Number of securities included in units offered (in shares)
Number of warrants issued during the period.
Warrants Issued During Period, Shares
Warrants issued (in shares)
Exercise price per share or per unit of warrants or rights at the time of original issuance.
Class of Warrant or Right, Original Exercise Price of Warrants or Rights
Original exercise price of warrants issued (in dollars per share)
Number of shares of securities into which outstanding class of warrant or right may be converted.
Class of Warrant or Right, Outstanding, Shares that can be issued
Shares to be issued upon exercise of remaining warrants (in shares)
Number of units sold, with each unit consisting of (i) one common share of the Company or Pre-Funded Warrant, (ii) one Class B Warrant and (iii) one Class C Warrant.
Number of Units Sold
Number of units sold (in shares)
Number of shares cancelled in order not to issue fractional shares after reverse stock split.
Number of Shares Cancelled in Order Not to Issue Fractional Shares
Number of shares cancelled in order not to issue fractional shares (in shares)
The amount of the monthly rental payments due under the operating lease.
Lessee, Operating Lease, Monthly Rental Payments
Monthly rent
Number of extensions under lessee's operating lease.
Lessee, Operating Lease, Number of extensions
Number of extensions
The annual percentage inflation adjustment to monthly rent paid by the lessee under the operating lease.
Lease, Operating Lease, Annual Percentage Inflation Adjustment
Annual percentage inflation adjustment
Awards granted on January 18, 2021.
Awarded January 18, 2021 [Member]
Awarded January 18, 2021 [Member]
Certain Non-executive employees of the entity.
Certain Non-Executive Employees [Member]
Capesize are large-sized bulk carriers and tankers typically above 150,000 deadweight tonnage (DWT). They are much bigger than Panamax and Suezmax vessels both in terms of draught size and DWT, and so they are categorized under VLCC, ULCC and bulk carriers.
Capesize Vessel [Member]
Amount of the debt instrument that is included in a commitment letter and subject to completion of definitive documentation.
Debt Instrument, Commitment Letter
Loan facility included in commitment letter
The entire disclosure for interest and finance costs.
Interest and Finance Costs [Text Block]
Interest and Finance Costs
Tabular disclosure of interest and finance costs.
Interest and Finance Costs [Table Text Block]
Interest and Finance Costs
Amount of amortization expense attributable to third party debt issuance costs.
Amortization of Debt Issuance Costs, Third Party
Amortization of debt issuance costs
Amount of amortization expense attributable to the fair market value of the shares issued to a third party in the sale and leaseback transaction.
Amortization of Shares Issued to Third Party
Amortization of debt issuance costs (shares issued to third party - non-cash)
Refers to amount of amortization expense attributable to related party debt issuance costs.
Amortization of Debt Issuance Costs, Related Party
Amortization of subordinated debt issuance costs
Amount of amortization expense attributable to the fair market value of the shares issued to a related party associated with the eliminated interest for the period from April 1 through December 31, 2019.
Amortization of Shares Issued to Related Party
Amortization of debt issuance costs (shares issued to Jelco - non-cash)
Sale of stock or units, consisting of common shares and warrants, to the public.
Public Offering [Member]
Public Offering [Member]
The number of shares included in a public offering.
Public offering, shares
Public offering (in shares)