v3.26.1
Segment Reporting - Condensed Consolidated Income Statement (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Disclosure of operating segments [line items]          
Revenue $ 662.8 $ 315.2 $ 1,064.8 $ 644.3 $ 1,339.5
Operating expenses (72.6) (64.3) (140.3) (130.7) (252.4)
Profit from sale of vessels 0.0 5.4 4.0 14.9 19.0
Administrative expenses (24.2) (24.5) (47.2) (50.5) (113.8)
Other operating income and expenses (0.4) (0.1) (0.3) (0.3) 0.1
Depreciation and amortization (60.5) (52.2) (120.1) (105.4) (214.5)
Operating profit (EBIT) 355.1 74.6 496.4 157.0 356.3
Financial income 2.3 3.6 3.9 7.5 13.3
Financial expenses (18.3) (17.8) (37.2) (35.7) (74.4)
Profit before tax 339.1 60.4 463.1 128.8 295.2
Tax (0.8) (1.7) (2.4) (7.2) (9.2)
Net profit for the period 338.3 58.7 460.7 121.6 286.0
Operating segments          
Disclosure of operating segments [line items]          
Revenue 662.8 315.2 1,064.8 644.3 1,339.5
Port expenses, bunkers and commissions (146.8) (103.0) (256.5) (202.3) (404.5)
Other cost of goods and services sold (3.2) (1.9) (8.0) (13.0) (17.1)
Operating expenses (72.6) (64.3) (140.3) (130.7) (252.4)
Profit from sale of vessels 0.0 5.4 4.0 14.9 19.0
Administrative expenses (24.2) (24.5) (47.2) (50.5) (113.8)
Other operating income and expenses (0.4) (0.1) (0.3) (0.3) 0.1
Depreciation and amortization (60.5) (52.2) (120.1) (105.4) (214.5)
Operating profit (EBIT) 355.1 74.6 496.4 157.0 356.3
Financial income 2.3 3.6 3.9 7.5 13.3
Financial expenses (18.3) (17.8) (37.2) (35.7) (74.4)
Profit before tax 339.1 60.4 463.1 128.8 295.2
Tax (0.8) (1.7) (2.4) (7.2) (9.2)
Net profit for the period 338.3 58.7 460.7 121.6 286.0
Operating segments | Tanker segment          
Disclosure of operating segments [line items]          
Revenue 658.8 311.2 1,054.6 624.5 1,314.2
Port expenses, bunkers and commissions (146.8) (103.0) (256.5) (202.3) (404.5)
Other cost of goods and services sold 0.0 0.0 0.0 0.0 0.0
Operating expenses (72.9) (64.7) (140.7) (131.2) (253.1)
Profit from sale of vessels 0.0 4.9 4.0 14.0 17.8
Administrative expenses (22.2) (22.3) (43.3) (46.4) (106.5)
Other operating income and expenses (0.5) (0.1) (0.5) (0.3) 0.0
Depreciation and amortization (60.2) (51.9) (119.2) (104.9) (213.5)
Operating profit (EBIT) 356.2 74.1 498.4 153.4 354.4
Financial income 2.3 3.6 3.9 7.4 13.1
Financial expenses (18.2) (17.8) (37.1) (35.6) (74.2)
Profit before tax 340.3 59.9 465.2 125.2 293.3
Tax (0.9) (1.6) (2.6) (6.5) (8.5)
Net profit for the period 339.4 58.3 462.6 118.7 284.8
Operating segments | Marine Engineering segment          
Disclosure of operating segments [line items]          
Revenue 6.9 8.9 15.0 28.5 37.2
Port expenses, bunkers and commissions 0.0 0.0 0.0 0.0 0.0
Other cost of goods and services sold (4.9) (5.2) (10.8) (18.7) (24.6)
Operating expenses 0.0 0.0 0.0 0.0 0.0
Profit from sale of vessels 0.0 0.0 0.0 0.0 0.0
Administrative expenses (2.0) (2.2) (3.9) (4.1) (7.3)
Other operating income and expenses 0.1 0.0 0.2 0.0 0.1
Depreciation and amortization (0.3) (0.3) (0.9) (0.5) (1.0)
Operating profit (EBIT) (0.2) 1.2 (0.4) 5.2 4.4
Financial income 0.0 0.0 0.0 0.1 0.2
Financial expenses (0.1) 0.0 (0.1) (0.1) (0.2)
Profit before tax (0.3) 1.2 (0.5) 5.2 4.4
Tax 0.1 (0.1) 0.2 (0.7) (0.7)
Net profit for the period (0.2) 1.1 (0.3) 4.5 3.7
Inter-segment elimination          
Disclosure of operating segments [line items]          
Revenue (2.9) (4.9) (4.8) (8.7) (11.9)
Port expenses, bunkers and commissions 0.0 0.0 0.0 0.0 0.0
Other cost of goods and services sold 1.7 3.3 2.8 5.7 7.5
Operating expenses 0.3 0.4 0.4 0.5 0.7
Profit from sale of vessels 0.0 0.5 0.0 0.9 1.2
Administrative expenses 0.0 0.0 0.0 0.0 0.0
Other operating income and expenses 0.0 0.0 0.0 0.0 0.0
Depreciation and amortization 0.0 0.0 0.0 0.0 0.0
Operating profit (EBIT) (0.9) (0.7) (1.6) (1.6) (2.5)
Financial income 0.0 0.0 0.0 0.0 0.0
Financial expenses 0.0 0.0 0.0 0.0 0.0
Profit before tax (0.9) (0.7) (1.6) (1.6) (2.5)
Tax 0.0 0.0 0.0 0.0 0.0
Net profit for the period $ (0.9) $ (0.7) $ (1.6) $ (1.6) $ (2.5)