v3.26.1
Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, plant and equipment [Abstract]  
Schedule of Property, Plant and Equipment

 
Vessels and scrubbers
US$’000
   
Dry
docking
US$’000
   
Right-of-
use
assets –
Vessels
US$’000
   
Others
US$’000
   
Total
US$’000
 
Cost
                             
At 1 January 2025
   
3,510,379
     
156,844
     
221,713
     
1,578
     
3,890,514
 
Additions (Note 7(a))
   
54,063
     
91,278
     
47,789
     
471
     
193,601
 
Disposal of vessels (Note 7(a))
   
(87,873
)
   
(8,454
)
   
     
     
(96,327
)
Reclassified to assets held for sale (Note 7(a))
    (50,163 )     (4,252 )                 (54,415 )
Write off on expiration of leases
                (51,907 )           (51,907 )
Write off on completion of dry docking cycle
   
     
(42,340
)
   
     
     
(42,340
)
At 31 December 2025
   
3,426,406
     
193,076
     
217,595
     
2,049
     
3,839,126
 
Accumulated depreciation and impairment charges
                                       
At 1 January 2025
   
989,156
     
89,899
     
203,052
     
845
     
1,282,952
 
Depreciation charge
   
134,607
     
38,719
     
28,037
     
339
     
201,702
 
Disposal of vessels (Note 7(a))
   
(27,308
)
   
(5,719
)
   
     
     
(33,027
)
Reclassified to assets held for sale
    (14,806 )     (2,119 )                 (16,925 )
Write off on expiration of leases
                (51,907 )           (51,907 )
Write off on completion of dry docking cycle
   
     
(42,340
)
   
     
     
(42,340
)
At 31 December 2025
   
1,081,649
     
78,440
     
179,182
     
1,184
     
1,340,455
 
Net book value
                                       
At 31 December 2025
   
2,344,757
     
114,636
     
38,413
     
865
     
2,498,671
 
Cost
                                       
At 1 January 2024
   
3,573,265
     
143,375
     
199,582
     
1,495
     
3,917,717
 
Additions (Note 7(a))
   
12,514
     
36,230
     
23,411
     
83
     
72,238
 
Disposal of vessels (Note 7(a))
   
(75,400
)
   
(3,555
)
   
(1,280
)
   
     
(80,235
)
Write off on completion of dry docking cycle
   
     
(19,206
)
   
     
     
(19,206
)
At 31 December 2024
   
3,510,379
     
156,844
     
221,713
     
1,578
     
3,890,514
 
Accumulated depreciation and impairment charges
                                       
At 1 January 2024
   
899,327
     
75,216
     
165,021
     
531
     
1,140,095
 
Depreciation charge
   
139,048
     
35,635
     
39,311
     
314
     
214,308
 
Disposal of vessels (Note 7(a))
   
(49,219
)
   
(1,746
)
   
(1,280
)
   
     
(52,245
)
Write off on completion of dry docking cycle
   
     
(19,206
)
   
     
     
(19,206
)
At 31 December 2024
   
989,156
     
89,899
     
203,052
     
845
     
1,282,952
 
Net book value
                                       
At 31 December 2024
   
2,521,223
     
66,945
     
18,661
     
733
     
2,607,562