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Revenue (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregation of revenue
 
Three Months Ended
June 30, 2018
 
Three Months Ended
June 30, 2017
 
Six Months Ended
June 30, 2018
 
Six Months Ended
June 30, 2017
Voyage charters (1)
 
 
 
 
 
 
 
     Suezmax
80,721

 
3,450

 
153,504

 
12,634

     Aframax
24,265

 
6,056

 
47,742

 
9,031

     LR2
11,979

 

 
23,600

 

     Full service lightering
27,363

 
20,634

 
55,124

 
47,819

     Total
144,328

 
30,140

 
279,970

 
69,484

 
 
 
 
 
 
 
 
Time-charters
 
 
 
 
 
 
 
     Aframax
11,021

 
12,451

 
23,824

 
24,657

     Suezmax
3,957

 
14,120

 
10,154

 
26,751

     LR2
2,406

 
3,520

 
5,516

 
9,013

     Total
17,384

 
30,091

 
39,494

 
60,421

 
 
 
 
 
 
 
 
Other revenue
 
 
 
 
 
 
 
     Ship-to-ship support services
6,902

 
11,947

 
14,235

 
20,230

     Commercial management
2,138

 
2,684

 
4,196

 
6,336

     LNG terminal management, consultancy and other
907

 
827

 
2,229

 
2,514

     Total
9,947

 
15,458

 
20,660

 
29,080

 
 
 
 
 
 
 
 
Net pool revenues (1)
 
 
 
 
 
 
 
     Suezmax

 
19,418

 

 
47,441

     Aframax

 
7,492

 

 
18,363

     LR2

 
6,191

 

 
14,469

     MR2

 
(1
)
 

 
16

     Total

 
33,100

 

 
80,289

Total revenues
171,659

 
108,789

 
340,124

 
239,274


(1)
Prior to the January 1, 2018 adoption of ASU 2014-09, the Company presented the net allocation for its vessels participating in RSAs as net pool revenues. The Company has determined that it is the principal in voyages its vessels perform that are included in the RSAs. As such, the revenue from those voyages is presented in voyage charter revenues and the difference between this amount and the Company's net allocation from the RSA is presented as voyage expenses. The adoption of ASU 2014-09 had the impact of increasing voyage charter revenues and voyage expenses for the three and six months ended June 30, 2018 by $67.5 million and $128.8 million, respectively.