VOYAGE REVENUES (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024 and June 30, 2023:

All amounts in USD ‘000	2024		2023
Spot Charter Revenues		155,014		196,803
Time Charter Revenues		38,082		23,731
Total Voyage Revenues		193,096		220,534

Future Minimum Revenues

The future minimum revenues as of June 30, 2024, related to time charter revenues are as follows:

All amounts in USD ‘000	Amount
2024		24,787
2025		17,155
2026		17,155
2027		17,155
2028		7,405
Thereafter		-
Future minimum revenues		83,657