v3.26.1
VESSELS AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Vessels and equipment, net VESSELS AND EQUIPMENT, NET
Movements in the six months ended June 30, 2026 for vessels and equipment, net is summarized as follows:
(in thousands of $)Vessels and equipmentDry docksTotal
Cost
At December 31, 20252,467,470 65,509 2,532,979 
Additions— 13,691 13,691 
Disposals— (7,500)(7,500)
At June 30, 20262,467,470 71,700 2,539,170 
Accumulated depreciation
At December 31, 2025(406,998)(23,486)(430,484)
Charge(32,593)(6,458)(39,051)
Disposals— 7,500 7,500 
At June 30, 2026(439,591)(22,444)(462,035)
Net book value
At December 31, 20252,060,472 42,023 2,102,495 
At June 30, 20262,027,879 49,256 2,077,135 
In January 2026, we successfully completed the scheduled drydocking of Flex Volunteer, followed by Flex Freedom in March 2026 and Flex Vigilant in June 2026.