v3.25.2
Unaudited condensed consolidated interim statement of profit or loss - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Shipping income    
Revenue $ 622,852,000 $ 492,377,000
Gains on disposal of vessels/other tangible assets 103,791,000 502,547,000
Other operating income 20,155,000 38,245,000
Total shipping income 746,798,000 1,033,169,000
Operating expenses    
Raw materials and consumables (5,128,000) (1,678,000)
Voyage expenses and commissions (123,742,000) (85,903,000)
Vessel operating expenses (175,473,000) (100,013,000)
Charter hire expenses (1,620,000) (17,000)
Depreciation tangible assets (162,767,000) (80,529,000)
Amortisation intangible assets (1,602,000) (1,348,000)
Impairment losses (3,573,000) 0
General and administrative expenses (56,395,000) (36,287,000)
Total operating expenses (530,300,000) (305,775,000)
RESULT FROM OPERATING ACTIVITIES 216,498,000 727,394,000
Finance income 25,707,000 23,416,000
Finance expenses (208,147,000) (69,396,000)
Net finance expenses (182,440,000) (45,980,000)
Share of profit (loss) of equity accounted investees (net of income tax) 1,571,000 2,570,000
PROFIT (LOSS) BEFORE INCOME TAX 35,629,000 683,984,000
Income tax benefit (expense) (2,840,000) (4,364,000)
Profit/(loss) for the period 32,789,000 679,620,000
Attributable to:    
Owners of the company 51,766,350 679,620,307
Non-controlling interest $ (18,977,000) $ 0
Basic earnings per share (in dollars per share) $ 0.27 $ 3.43
Diluted earnings per share (in dollars per share) $ 0.27 $ 3.43
Weighted average number of shares (basic) (in shares) 194,216,835 197,886,375
Weighted average number of shares (diluted) (in shares) 194,216,835 197,886,375