v3.26.1
Segment (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Revenue, Profit and Significant Segment Expenses
Segment revenue, profit and significant segment expenses are as follows:

(in millions of $)
Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Total operating revenues53.7 29.9 87.3 51.9 
Less:
Crew costs(4.0)(4.0)(8.0)(7.9)
Other vessel operating expenses(1)
(3.1)(3.1)(6.5)(6.1)
Voyage expenses and commissions(0.7)(0.4)(1.2)(0.5)
General and administrative expenses(2)
(1.9)(1.5)(3.1)(2.6)
Depreciation and amortization
(7.3)(7.3)(14.6)(14.6)
Interest income0.3 0.3 0.5 0.4 
Interest expense(12.4)(12.8)(24.8)(25.9)
Income tax (expense) / credit
— — — — 
Segment and consolidated net income (loss)24.6 1.1 29.6 (5.3)

(1) Other vessel operating expenses include repairs and maintenance, spares, stores and consumables, lubricating oil, vessel insurance, services and subscriptions, and vessel management fees.

(2) General and administrative expenses include directors and officers’ insurance, management fees, audit and accounting fees, administrative salaries, directors’ fees, legal fees, listing fees, share based compensation costs, and other administrative expenses.