XML 100 R92.htm IDEA: XBRL DOCUMENT v3.20.2
Segment reporting - Information About Reportable Segments (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Disclosure of operating segments [line items]    
Vessel revenue $ 600,407 $ 346,635
Vessel operating costs (161,221) (138,152)
Voyage expenses (7,125) (1,622)
Minimum operating lease payments recognised as expense 0 4,399
Depreciation - owned or sale and leaseback (94,943) (88,183)
Depreciation, right-of-use assets (26,806) (8,030)
General and administrative expense 36,010 31,240
Financial expenses (83,892) (96,083)
Financial income 860 5,843
Other expenses, net (702) (13)
Net income 190,568 (15,244)
Reportable segments [member]    
Disclosure of operating segments [line items]    
Vessel revenue 600,407 346,635
Vessel operating costs (161,221) (138,152)
Voyage expenses (7,125) (1,622)
Minimum operating lease payments recognised as expense   4,399
Depreciation - owned or sale and leaseback (94,943) (88,183)
Depreciation, right-of-use assets (26,806) (8,030)
General and administrative expense 6,471 5,789
Financial expenses 0 0
Financial income 383 404
Other expenses, net 0 0
Net income 304,224 100,864
Reportable segments [member] | Handymax [Member]    
Disclosure of operating segments [line items]    
Vessel revenue 76,012 55,176
Vessel operating costs (24,904) (23,717)
Voyage expenses (296) (1,164)
Minimum operating lease payments recognised as expense   4,256
Depreciation - owned or sale and leaseback (10,625) (9,044)
Depreciation, right-of-use assets (7,595) (3,929)
General and administrative expense 1,047 1,039
Financial expenses 0 0
Financial income 9 11
Other expenses, net 0 0
Net income 31,554 12,038
Reportable segments [member] | LR2 [Member]    
Disclosure of operating segments [line items]    
Vessel revenue 250,169 132,856
Vessel operating costs (51,286) (46,411)
Voyage expenses (3,551) (206)
Minimum operating lease payments recognised as expense   (271)
Depreciation - owned or sale and leaseback (38,593) (36,270)
Depreciation, right-of-use assets (4,268) 0
General and administrative expense 1,881 1,857
Financial expenses 0 0
Financial income 2 22
Other expenses, net 0 0
Net income 150,592 48,405
Reportable segments [member] | MR [Member]    
Disclosure of operating segments [line items]    
Vessel revenue 217,371 123,426
Vessel operating costs (70,213) (54,173)
Voyage expenses (3,257) (228)
Minimum operating lease payments recognised as expense   414
Depreciation - owned or sale and leaseback (35,625) (33,271)
Depreciation, right-of-use assets (14,943) (4,101)
General and administrative expense 2,970 2,310
Financial expenses 0 0
Financial income 280 264
Other expenses, net 0 0
Net income 90,643 29,193
Reportable segments [member] | LR1 [Member]    
Disclosure of operating segments [line items]    
Vessel revenue 56,855 35,177
Vessel operating costs (14,818) (13,851)
Voyage expenses (21) (24)
Minimum operating lease payments recognised as expense   0
Depreciation - owned or sale and leaseback (10,100) (9,598)
Depreciation, right-of-use assets 0 0
General and administrative expense 573 583
Financial expenses 0 0
Financial income 92 107
Other expenses, net 0 0
Net income 31,435 11,228
Corporate and eliminations [member]    
Disclosure of operating segments [line items]    
Vessel revenue 0 0
Vessel operating costs 0 0
Voyage expenses 0 0
Minimum operating lease payments recognised as expense   0
Depreciation - owned or sale and leaseback 0 0
Depreciation, right-of-use assets 0 0
General and administrative expense 29,539 25,451
Financial expenses (83,892) (96,083)
Financial income 477 5,439
Other expenses, net (702) (13)
Net income $ (113,656) $ (116,108)