Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Statement of cash flows [abstract] | ||
| Net cash provided by operating activities | $ 961,984 | $ 291,474 |
| Investing activities | ||
| Additions to newbuildings, vessels and equipment | (653,868) | (2,402) |
| Proceeds from sale of vessels | 965,880 | 0 |
| Proceeds from sale of marketable securities | 1,887 | 361 |
| Net cash provided by (used in) investing activities | 313,899 | (2,041) |
| Financing activities | ||
| Proceeds from issuance of debt | 256,416 | 1,433,715 |
| Repayment of debt | (887,855) | (1,575,089) |
| Repayment of obligations under leases | 0 | (277) |
| Cash dividends paid | (574,367) | (84,597) |
| Net cash used in financing activities | (1,205,806) | (226,248) |
| Net change in cash and cash equivalents | 70,077 | 63,185 |
| Cash and cash equivalents at the beginning of the period | 251,347 | 413,532 |
| Cash and cash equivalents at the end of the period | $ 321,424 | $ 476,717 |
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- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, from continuing and discontinued operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents, from continuing and discontinued operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow for dividends paid by the entity, classified as financing activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The increase (decrease) in cash and cash equivalents after the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow for payment of lease liabilities, classified as financing activities. [Refer: Lease liabilities] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash inflow from borrowings obtained. [Refer: Borrowings] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash inflow from sales of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash inflow from sales or maturity of financial instruments, classified as investing activities. [Refer: Classes of financial instruments [domain]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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