| 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 equipment | Dry docks | | | Total | | Cost | | | | | | | | At December 31, 2025 | | 2,467,470 | | 65,509 | | | | 2,532,979 | | | Additions | | — | | 13,691 | | | | 13,691 | | | | | | | | | | Disposals | | — | | (7,500) | | | | (7,500) | | | At June 30, 2026 | | 2,467,470 | | 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, 2025 | | 2,060,472 | | 42,023 | | | | 2,102,495 | | | At June 30, 2026 | | 2,027,879 | | 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.
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