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VESSELS, NET (Tables)
 12 Months Ended
Dec. 31, 2016
VESSELS, NET [Abstract]  
Vessels, net
Vessels, net, consist of the carrying value of 29 vessels and 24 vessels for the year ended December 31, 2016 and December 31, 2015, respectively. Vessels, net include drydocking costs.
 
All Figures in USD ‘000
 
2016
  
2015
 
Vessels
  
1,700,040
   
1,530,245
 
Drydocking
  
99,153
   
82,695
 
Total
  
1,799,193
   
1,612,940
 
Less Accumulated Depreciation
  
(741,144
)
  
(650,255
)
Vessels, net
  
1,058,049
   
962,685