Segment Reporting (Tables)

12 Months Ended

24 Months Ended

Dec. 31, 2022

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Company's Revenue and Income From Operations by Segment

The following table presents results for the Company’s revenues and income from operations by segment for the year ended December 31, 2020. No results are included for the years ended December 31, 2022 and 2021 as the Company only had one reportable segment during these periods.

Year Ended December 31, 2020	Tanker Segment $	Ship-to-Ship Transfer Segment $	Total $
Revenues (1)	879,442	6,992	886,434
Voyage expenses	(297,225)	—	(297,225)
Vessel operating expenses	(178,293)	(5,940)	(184,233)
Time-charter hire expenses	(36,341)	—	(36,341)
Depreciation and amortization	(116,719)	(493)	(117,212)
General and administrative expenses (2)	(38,379)	(627)	(39,006)
(Write-down) and (loss) gain on sale of assets	(72,527)	3,081	(69,446)
Restructuring charges	(1,398)	—	(1,398)
Income from operations	138,560	3,013	141,573
Equity income	5,100	—	5,100

(1)Revenues earned from the ship-to-ship transfer segment are reflected in other revenues in the Company's consolidated statements of income (loss).

(2)Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources) (see note 14b).

Revenues and Percentage of Consolidated Revenues

The following table presents revenues and percentage of consolidated revenues for customers who accounted for more than 10% of the Company’s consolidated revenues during the periods presented.

	Year Ended December 31,
	2022	2021	2020
Shell	(1)	$60.8 million (2)	(1)
Vitol	(1)	$55.5 million (3)	(1)

(1)Less than 10% of consolidated revenues.

(2)11% of consolidated revenues.

(3)10% of consolidated revenues.