Table:
| SELECTED CONSOLIDATED FINANCIAL DATA Year ended December 31, |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| All figures in thousands of USD except share data | 2019 | 2018 | 2017 | 2016 | 2015 |
| Voyage Revenues | 317,220 | 289,016 | 297,141 | 357,451 | 445,738 |
| Voyage Expenses | (141,770) | (165,012) | (142,465) | (125,987) | (158,656) |
| Vessel Operating Expense | (66,033) | (80,411) | (87,663) | (80,266) | (66,589) |
| General and Administrative Expenses | (13,481) | (12,727) | (12,575) | (12,296) | (9,790) |
| Depreciation Expenses | (63,965) | (60,695) | (100,669) | (90,889) | (82,610) |
| Impairment Loss on Vessel | - | (2,168) | (110,480) | - | - |
| Impairment Loss on Goodwill | - | - | (18,979) | - | - |
| Loss on Disposal of Vessels | - | (6,619) | - | - | - |
| Settlement Received | - | - | - | 5,328 | - |
| Net Operating (Loss) Income | 31,971 | (38,616) | (175,690) | 53,341 | 128,093 |
| Interest Income | 298 | 334 | 347 | 215 | 114 |
| Interest Expense | (38,390) | (34,549) | (20,464) | (11,170) | (10,855) |
| Other Financial (Expense) | (4,160) | (14,729) | (644) | (98) | (167) |
| Total Other Expenses | (42,252) | (48,944) | (20,761) | (11,053) | (10,908) |
| Income Tax Expense | (71) | (79) | (83) | (102) | (96) |
| (Loss) Gain on Equity Method Investment | - | (7,667) | (8,435) | (46,642) | (2,462) |
| Net (Loss) Income | (10,352) | (95,306) | (204,969) | (4,456) | 114,627 |
| Basic Earnings (Loss) per Share | (0.07) | (0.67) | (1.97) | (0.05) | 1.29 |
| Diluted Earnings (Loss) per Share | (0.07) | (0.67) | (1.97) | (0.05) | 1.29 |
| Cash Dividends Declared per Share | 0.10 | 0.07 | 0.53 | 1.37 | 1.38 |
| Basic Weighted Average Shares Outstanding | 142,571,361 | 141,969,666 | 103,832,680 | 92,531,001 | 89,182,001 |
| Diluted Weighted Average Shares Outstanding | 142,571,361 | 141,969,666 | 103,832,680 | 92,531,001 | 89,182,001 |
| Market Price per Common Share as of December 31, | 4.92 | 2.00 | 2.46 | 8.40 | 15.54 |
Paragraphs:
A. Selected Financial Data
The following selecte The following selected historical financial information should be read in conjunction with our audited financial statements and related notes, which are included herein, together with Item 5. Operating and Financial Review and Prospects. The Statements of Operations data for each of the three years ended December 31, 2019, 2018 and 2017 and selected Balance Sheet data as of December 31, 2019 and 2018 have been derived from our audited financial statements included elsewhere in this document. The Statements of Operations financial information for each of the years ended December 31, 2016 and 2015 and selected balance sheet information as of December 31, 2017, 2016 and 2015 have been derived from our audited financial statements not included in this Annual Report on Form 20-F.
Question:
What is the value of the voyage expenses in 2019 as a percentage of the voyage revenue in 2019?