| Vessels, Net |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Vessels |
|
Cost |
|
|
Accumulated
Depreciation |
|
|
Net
Book Value |
|
Balance December 31, 2022 |
|
$ |
4,292,150 |
|
|
$ |
(514,821 |
) |
|
$ |
3,777,329 |
|
Additions/ (Depreciation) |
|
|
432,773 |
|
|
|
(199,135 |
) |
|
|
233,638 |
|
Disposals |
|
|
(301,462 |
) |
|
|
25,166 |
|
|
|
(276,296 |
) |
Balance December 31, 2023 |
|
$ |
4,423,461 |
|
|
$ |
(688,790 |
) |
|
$ |
3,734,671 |
|
Additions/ Remeasurement of finance lease liability/ (Depreciation) |
|
|
1,065,949 |
|
|
|
(209,950 |
) |
|
|
855,999 |
|
Disposals/ Impairment/ Transfers to owned vessels |
|
|
(438,644 |
) |
|
|
89,266 |
|
|
|
(349,378 |
) |
Balance December 31, 2024 |
|
$ |
5,050,766 |
|
|
$ |
(809,474 |
) |
|
$ |
4,241,292 |
|
Additions/ Remeasurement of finance lease liability/ (Depreciation) |
|
|
563,317 |
|
|
|
(225,959 |
) |
|
|
337,358 |
|
Disposals/ Impairment/ Transfers to owned vessels |
|
|
(254,205 |
) |
|
|
65,423 |
|
|
|
(188,782 |
) |
Balance December 31, 2025 |
|
$ |
5,359,878 |
|
|
$ |
(970,010 |
) |
|
$ |
4,389,868 |
|
The above balances as of December 31, 2025 are analyzed in the following tables:
|
|
|
|
|
|
|
|
|
|
|
|
|
Owned Vessels |
|
Cost |
|
|
Accumulated
Depreciation |
|
|
Net
Book Value |
|
Balance December 31, 2024 |
|
$ |
4,594,294 |
|
|
$ |
(775,478 |
) |
|
$ |
3,818,816 |
|
Additions/ (Depreciation) |
|
|
514,551 |
|
|
|
(210,767 |
) |
|
|
303,784 |
|
Disposals/ Impairment |
|
|
(224,992 |
) |
|
|
61,698 |
|
|
|
(163,294 |
) |
Balance December 31, 2025 |
|
$ |
4,883,853 |
|
|
$ |
(924,547 |
) |
|
$ |
3,959,306 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Right-of-use assets under finance lease |
|
Cost |
|
|
Accumulated
Depreciation |
|
|
Net
Book Value |
|
Balance December 31, 2024 |
|
$ |
456,472 |
|
|
$ |
(33,996 |
) |
|
$ |
422,476 |
|
Additions/ Remeasurement of finance lease liability/ (Depreciation) |
|
|
48,766 |
|
|
|
(15,192 |
) |
|
|
33,574 |
|
Transfers to owned vessels |
|
|
(29,213 |
) |
|
|
3,725 |
|
|
|
(25,488 |
) |
Balance December 31, 2025 |
|
$ |
476,025 |
|
|
$ |
(45,463 |
) |
|
$ |
430,562 |
|
|