VOYAGE REVENUES (Tables)

6 Months Ended

Jun. 30, 2020

VOYAGE REVENUES [Abstract]

Voyage Revenues

Our voyage revenues consist of time charter revenues and spot charter revenues with the following split for the six-month periods ended June 30, 2020 and June 30, 2019:

All amounts in USD ‘000	2020		2019
Spot charter revenues		206,242		138,869
Time charter revenues		48,491		15,575
Total Voyage Revenues		254,733		154,444

Future Minimum Revenues

The future minimum revenues as at June 30, 2020 related to time charter revenues are as follows:

All amounts in USD ‘000	Amount
2020		30,301
2021		7,317
2022		-
Future minimum revenues		37,618