Non-current receivables |
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| Subclassifications of assets, liabilities and equities [abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-current receivables | Non-current receivables
The shareholder loans to joint ventures mainly relates to the loans provided to BeHydro and JPN H2Hydro and to joint ventures within the Windcat group of companies, i.e. TSM Windcat and FRS Windcat Offshore Logistics. The cash guarantees and deposits as of June 30, 2025 relates to a cash security of $45.7 million lodged with the High Court of Malaysia in January, 2024. The cash security equals the claimed amount and was required to lift the arrest on the vessel Oceania which was subsequently sold and delivered to her new owners. Trade and other receivables
The increase in receivables from contracts with customers is primarily attributable to the acquisition of Golden Ocean Group Ltd as of March 12, 2025. The receivables from contracts with customers - TI Pool relates to income to be received by the Group from the Tankers International Pool. These amounts decreased in the first six months of 2025 mainly due to a decreased number of vessels in the pool. The increase in deferred charges is mainly due to the acquisition and consolidation of GOGL as per March 12, 2025 and to deferred arrangement fees of $28.4 million related to the undrawn amount of the $2.0 billion loan facility. The increase in other receivables is due to the acquisition of GOGL and mainly relates to bunker receivables on time charter-out contracts.
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