v3.26.1
Derivative financial instruments (Tables)
12 Months Ended
Dec. 31, 2025
Derivative financial instruments [Abstract]  
Derivative Financial Instruments Recorded as Assets or Liabilities
   
2025
US$’000
   
2024
US$’000
 
   
Assets
   
Liabilities
   
Assets
   
Liabilities
 
Cash flow hedges
                       
- Interest rate swaps
   
8,007
     
     
22,935
     
 
Non-hedging instruments
                               
- Forward freight agreements
   
590
     
     
1,690
     
891
 
- Forward foreign exchange contracts
   
267
     
163
     
     
1,048
 
     
8,864
     
163
     
24,625
     
1,939
 
Classified as:
                               
Non-current
   
2,627
     
     
12,024
     
 
Current
   
6,237
     
163
     
12,601
     
1,939
 
     
8,864
     
163
     
24,625
     
1,939
 
Forward Foreign Exchange Contracts The notional principal amounts of the outstanding forward foreign exchange contracts as at 31 December 2025 and 2024 comprise the following:

   
2025
US$’000


2024
US$’000
 
Currency
 
Notional
amounts in
local
currency
   
US$
equivalent
   
Notional
amounts in
local
currency
   
US$
equivalent
 
Singapore Dollars
   
32,608
     
25,508
     
27,648
     
21,039
 
Danish Kroner
    85,000       13,339       60,000       8,818