v3.26.1
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CONSOLIDATED BALANCE SHEET [Abstract]    
Vessels and scrubbers $ 2,344,757 $ 2,521,223
Dry docking 114,636 66,945
Right-of-use assets - Vessels 38,413 18,661
Other property, plant and equipment 865 733
Total property, plant and equipment 2,498,671 2,607,562
Intangible assets 83 510
Total intangible assets 83 510
Other investments 297,581 23,069
Derivative financial instruments 2,627 12,024
Restricted cash 10,000 13,542
Loans receivable from joint ventures 59,845 64,133
Joint ventures 97,821 81,371
Trade and other receivables, and prepayments 1,320 0
Total other non-current assets 469,194 194,139
Total non-current assets 2,967,948 2,802,211
Intangible assets 16,665 5,919
Total intangible assets 16,665 5,919
Inventories 69,027 94,155
Trade and other receivables, and prepayments 521,954 503,836
Derivative financial instruments 6,237 12,601
Cash at bank and on hand 103,609 195,271
Cash retained in the commercial pools 88,966 88,297
Assets held for sale 37,490 0
Total other current assets 827,283 894,160
Total current assets 843,948 900,079
Total assets 3,811,896 3,702,290
Share capital 1,093,055 1,093,055
Other reserves 468,761 517,713
Treasury shares (78,449) (53,439)
Retained earnings 846,220 705,177
Total shareholders' equity 2,329,587 2,262,506
Borrowings 910,402 785,954
Total non-current liabilities 910,402 785,954
Borrowings 212,574 336,295
Derivative financial instruments 163 1,939
Current income tax liabilities 5,019 2,757
Trade and other payables, and provisions 354,151 312,839
Total current liabilities 571,907 653,830
Total liabilities 1,482,309 1,439,784
Total shareholders' equity and liabilities $ 3,811,896 $ 3,702,290