v3.25.2
VESSELS AND CAPITALIZED DRY-DOCKING (Tables)
 6 Months Ended
Jun. 30, 2025
Disclosure of detailed information about property, plant and equipment [abstract]  
Schedule of vessel and capitalized dry-docking
30 June
30 June
31 December
USDm
2025
2024
2024
Cost
Balance as of beginning of period
3,500.9
2,622.1
2,622.1
Additions
58.6
428.3
792.7
Disposals
-22.1
-7.2
-20.7
Transferred from prepayments
—
141.0
197.5
Transferred to assets held for sale
-160.4
-43.7
-90.7
Balance
3,377.0
3,140.5
3,500.9
Depreciation
Balance as of beginning of period
660.6
536.3
536.3
Disposals
-22.0
-7.2
-20.7
Depreciation for the period
102.6
87.5
186.7
Transferred to assets held for sale
-67.3
-19.5
-41.7
Balance
673.9
597.1
660.6
Impairment
Balance as of beginning of period
13.6
15.6
15.6
Transferred to assets held for sale
-2.2
-0.9
-2.0
Balance
11.4
14.7
13.6
Carrying amount
2,691.7
2,528.7
2,826.7
Schedule of non-current assets sold during the period Non-current Assets Sold During the Period
30 June
30 June
31 December
USDm
2025
2024
2024
Sold and delivered during the year
Number of vessels
4
1
4
Vessel sales price (CF) ¹⁾
78.5
22.7
84.2
Carrying amount of vessels and capitalized
dry-docking
-59.8
-10.9
-47.0
Bunker and lube oil cost
-2.2
-0.7
-1.5
Transaction costs (CF) ²⁾
-1.6
-0.7
-1.6
Profit on sale
14.9
10.4
34.1
Sold last year and delivered during the year
Number of vessels
—
3
3
Vessel sales price (CF)
—
67.3
67.3
Carrying amount of assets held for sale
—
-47.2
-47.2
Bunker and lube oil cost
—
-2.0
-2.0
Transaction costs (CF)
—
-0.9
-0.9
Profit on sale
—
17.2
17.2
Assets held for sale
Number of vessels held for sale end of period
2
1
—
Carrying amount
31.1
12.4
0.0
¹⁾ Includes sales price for one vessel of USD 18.9m at 31 December 2024, where cash was collected in 2025
²⁾ Includes transaction costs for one vessel sale of USD 0.5m at 31 December 2024, which was paid in 2025
CF: Included in Sale of tangible fixed assets in Consolidated Cash Flow Statement