v3.26.3
Unaudited condensed consolidated interim statement of profit or loss - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Shipping income    
Revenue $ 1,223,573,000 $ 622,852,000
Gains on disposal of vessels/other tangible assets 394,871,000 103,791,000
Other operating income 37,055,000 20,155,000
Total shipping income 1,655,499,000 746,798,000
Operating expenses    
Raw materials and consumables (2,003,000) (5,128,000)
Voyage expenses and commissions (249,168,000) (123,742,000)
Vessel operating expenses (252,956,000) (175,473,000)
Charter hire expenses (3,974,000) (1,620,000)
Depreciation tangible assets (216,568,000) (162,767,000)
Amortisation intangible assets (1,428,000) (1,602,000)
Impairment reversals/(losses) 729,000 (3,573,000)
General and administrative expenses (58,558,000) (56,395,000)
Total operating expenses (783,926,000) (530,300,000)
RESULT FROM OPERATING ACTIVITIES 871,573,000 216,498,000
Finance income 21,112,000 25,707,000
Finance expenses (178,981,000) (208,147,000)
Net finance expenses (157,869,000) (182,440,000)
Share of profit (loss) of equity accounted investees (net of income tax) 21,495,000 1,571,000
PROFIT (LOSS) BEFORE INCOME TAX 735,199,000 35,629,000
Income tax benefit (expense) (1,985,000) (2,840,000)
PROFIT (LOSS) FOR THE PERIOD 733,214,000 32,789,000
Attributable to:    
Owners of the company 733,213,807 51,766,350
Non-controlling interest $ 0 $ (18,977,000)
Basic earnings per share (in dollars per share) $ 2.53 $ 0.27
Diluted earnings per share (in dollars per share) $ 2.53 $ 0.27
Weighted average number of shares (basic) (in shares) 290,169,769 194,216,835
Weighted average number of shares (diluted) (in shares) 290,169,769 194,216,835