v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Taxes  
Schedule of significant components of current and deferred Income tax expense attributable to Income from continuing operations

Three Months Ended

Six Months Ended

 

June 30, 

June 30, 

(U.S. Dollars in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Income (loss) before income taxes

$

3,569

$

6,935

$

6,473

$

15,095

Income tax benefit (expense)

(158)

(125)

(435)

(704)

Effective tax rate

(4)

%

(2)

%  

(7)

%

(5)

%

Schedule of income tax expenses

Three Months Ended

 

Six Months Ended

 

June 30, 

June 30, 

(U.S. Dollars in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

 

  ​ ​ ​

2026

  ​ ​ ​

2025

 

  ​ ​ ​

Income tax benefit (expense) within Norwegian tonnage tax regime

$

(158)

$

(108)

$

(426)

$

(678)

Income tax benefit (expense) within UK

 

 

(17)

 

(9)

 

(26)

Income tax benefit (expense)

(158)

(125)

(435)

(704)

Effective tax rate

(4)

%  

(2)

%

(7)

%  

(5)

%