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OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2024
Other Liabilities Disclosure [Abstract]  
OTHER CURRENT LIABILITIES OTHER CURRENT LIABILITIES
(in thousands of $)20242023
Deferred and prepaid charter revenue23,671 31,961 
EU ETS allowances payable10,063 — 
Other items3,164 273 
 36,898 32,234 

As described in Note 2: Accounting Policies, effective January 1, 2024, the Company became subject to the EU ETS, which applies to emissions from vessels performing voyages that originate, terminate, or occur within an EU port. Under the EU ETS, vessels are required to surrender EUAs, each of which entitles the holder to emit one metric ton of CO₂. As of December 31, 2024, the Company recorded $10.1 million as EU ETS allowances payable in respect of 2024 emissions due to be surrendered to the EU authorities in September 2025.