v3.26.1
Segment information - Segment performance (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment information        
Revenue $ 340,790 $ 230,537 $ 595,177 $ 477,563
Voyage expenses (75,698) (89,291) (134,790) (182,163)
TCE income-Shipping 265,092 141,246 460,387 295,400
Revenue from Product Services 671,170 813,364 1,255,674 1,428,410
Cost of cargo and delivery expenses (664,208) (776,701) (1,104,151) (1,379,968)
Depreciation (15,242) (10,428) (30,586) (21,328)
Gross profit - Product Services (8,280) 26,235 120,937 27,114
Segment results 256,812 167,481 581,324 322,514
Spot voyages        
Segment information        
Revenue 215,528 156,459 378,115 337,550
Voyage expenses (75,698) (89,291) (134,790) (182,163)
TCE income-Shipping 139,830 67,168 243,325 155,387
Time charter        
Segment information        
Revenue 125,262 74,078 217,062 140,013
Shipping | Spot voyages        
Segment information        
Revenue 215,528 156,459 378,115 337,550
Voyage expenses (75,698) (89,291) (134,790) (182,163)
Product Services        
Segment information        
Revenue from Product Services 671,170 813,364 1,255,674 1,428,410
Cost of cargo and delivery expenses (664,208) (776,701) (1,104,151) (1,379,968)
Depreciation (15,242) (10,428) (30,586) (21,328)
Operating segment | Shipping        
Segment information        
TCE income-Shipping 274,885 152,656 472,574 311,326
Segment results 274,885 152,656 472,574 311,326
Operating segment | Shipping | Spot voyages        
Segment information        
TCE income-Shipping 149,623 78,578 255,512 171,313
Operating segment | Shipping | Time charter        
Segment information        
Revenue 125,262 74,078 217,062 140,013
Operating segment | Product Services        
Segment information        
Gross profit - Product Services (18,073) 14,825 108,750 11,188
Segment results (18,073) 14,825 108,750 11,188
Inter-segment elimination        
Segment information        
TCE income-Shipping (9,793) (11,410) (12,187) (15,926)
Revenue from Product Services (9,479) (8,563) (15,204) (14,199)
Cost of cargo and delivery expenses 19,272 19,973 27,391 30,125
Gross profit - Product Services 9,793 11,410 12,187 15,926
Inter-segment elimination | Spot voyages        
Segment information        
Revenue (19,272) (19,973) (27,391) (30,125)
Voyage expenses 9,479 8,563 15,204 14,199
TCE income-Shipping (9,793) (11,410) (12,187) (15,926)
Inter-segment elimination | Shipping | Spot voyages        
Segment information        
Revenue (19,272) (19,973) (27,391) (30,125)
Voyage expenses 9,479 8,563 15,204 14,199
Inter-segment elimination | Product Services        
Segment information        
Revenue from Product Services (9,479) (8,563) (15,204) (14,199)
Cost of cargo and delivery expenses $ 19,272 $ 19,973 $ 27,391 $ 30,125