v3.26.1
VESSELS AND EQUIPMENT, NET - Summary of Vessels and Equipment, Net (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Accumulated depreciation      
Depreciation $ (39,051) $ (37,541)  
Vessels and equipment, net 2,077,135   $ 2,102,495
Vessels and equipment      
Cost      
Beginning balance, cost 2,467,470    
Additions 0    
Disposals 0    
Ending balance, cost 2,467,470    
Accumulated depreciation      
Accumulated depreciation, beginning balance (406,998)    
Depreciation (32,593)    
Disposals 0    
Accumulated depreciation, ending balance (439,591)    
Vessels and equipment, net 2,027,879   2,060,472
Dry docks      
Cost      
Beginning balance, cost 65,509    
Additions 13,691    
Disposals (7,500)    
Ending balance, cost 71,700    
Accumulated depreciation      
Accumulated depreciation, beginning balance (23,486)    
Depreciation (6,458)    
Disposals 7,500    
Accumulated depreciation, ending balance (22,444)    
Vessels and equipment, net 49,256   42,023
Total      
Cost      
Beginning balance, cost 2,532,979    
Additions 13,691    
Disposals (7,500)    
Ending balance, cost 2,539,170    
Accumulated depreciation      
Accumulated depreciation, beginning balance (430,484)    
Depreciation (39,051)    
Disposals 7,500    
Accumulated depreciation, ending balance (462,035)    
Vessels and equipment, net $ 2,077,135   $ 2,102,495