VOYAGE REVENUES (Tables)

6 Months Ended

Jun. 30, 2023

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, 2023 and June 30, 2022:

All amounts in USD ‘000	2023		2022
Spot charter revenues		196,803		100,170
Time charter revenues		23,731		24,009
Total Voyage Revenues		220,534		124,179

Future Minimum Revenues

The future minimum revenues as of June 30, 2023 related to time charter revenues are as follows:

All amounts in USD ‘000	Amount
2023		14,469
2024		17,202
2025		17,155
2026		17,155
2027		17,155
Thereafter		7,406
Future minimum revenues		90,542