v3.26.1
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 397,382 $ 447,632
Restricted cash 0 65
Inventory 7,473 9,004
Other current assets 50,105 46,234
Total current assets 455,450 503,275
Non-current assets    
Derivative instruments 22,343 18,054
Vessels and equipment, net 2,077,135 2,102,495
Other non-current assets 7,466 0
Total non-current assets 2,106,944 2,120,549
Total assets 2,562,394 2,623,824
Current liabilities    
Current portion of long-term debt 110,820 109,629
Derivative instruments 0 604
Accounts payable 6,118 10,508
Other current liabilities 51,470 44,412
Total current liabilities 169,599 165,826
Non-current liabilities    
Long-term debt 1,682,848 1,738,578
Other non-current liabilities 7,466 163
Total non-current liabilities 1,690,314 1,738,741
Total liabilities 1,859,913 1,904,567
Equity    
Share capital (June 30, 2026: 54,520,325 shares issued, par value $0.01 per share (December 31, 2025: 54,520,325 shares issued, par value $0.01 per share)) 545 545
Treasury shares at cost (June 30, 2026: 427,949 (December 31, 2025: 427,949)) (4,180) (4,180)
Additional paid in capital 704,300 704,300
Contributed Surplus 140,130 221,268
Accumulated deficit (138,314) (202,676)
Total equity 702,481 719,257
Total equity and liabilities 2,562,394 2,623,824
Related party    
Current assets    
Other receivables 490 340
Current liabilities    
Payables due to related parties $ 1,191 $ 673