CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
VOYAGE REVENUES:
Navig8 pools revenues	$ 92,400	$ 4,212	$ 205,431	$ 4,212
Time charter revenues	2,047	8,686	9,278	14,716
Spot charter revenues	11,511	103,582	15,293	218,954
Total voyage revenues	105,958	116,480	230,002	237,882
OPERATING EXPENSES:
Voyage expenses	4,194	36,782	6,551	82,676
Direct vessel operating expenses	25,532	21,147	50,061	42,044
Navig8 charterhire expenses	(49)	2,599	3,221	2,599
General and administrative	7,024	15,320	15,112	19,944
Depreciation and amortization	20,023	11,011	37,504	22,010
(Gain) / loss on disposal	(714)	16	(579)	147
Closing of Portugal office		169		361
Total operating expenses	56,010	87,044	111,870	169,781
OPERATING INCOME	49,948	29,436	118,132	68,101
OTHER EXPENSES:
Interest expense, net	(10,361)	(3,513)	(17,656)	(10,940)
Other financing costs	(4)	(6,040)	(6)	(6,040)
Other (expense) income, net	(1,588)	18	(1,617)	(301)
Total other expenses	(11,953)	(9,535)	(19,279)	(17,281)
NET INCOME	$ 37,995	$ 19,901	$ 98,853	$ 50,820
INCOME PER COMMON SHARE:
Basic (in dollars per share)	$ 0.46	$ 0.38	$ 1.20	$ 1.18
Diluted (in dollars per share)	$ 0.46	$ 0.38	$ 1.20	$ 1.18