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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue      
Vessel revenue $ 938,222 $ 1,243,951 $ 1,341,222
Operating expenses      
Vessel operating costs (287,870) (319,147) (315,582)
Voyage expenses (36,913) (30,371) (13,243)
Depreciation - vessels and drydock (180,335) (185,319) (178,259)
Depreciation - right of use assets for vessels 0 0 (24,244)
Write-off of deposits on scrubbers 0 0 (10,508)
General and administrative expenses (123,406) (121,048) (106,255)
Gain on sale of vessels 45,486 176,537 12,019
Total operating expenses (583,038) (479,348) (636,072)
Operating income 355,184 764,603 705,150
Other (expenses) and income, net      
Financial expenses (80,131) (109,539) (183,231)
Financial income 21,891 15,947 19,112
Share of income from dual fuel tanker joint venture 4,104 7,664 5,950
Dividend income and fair value gain (loss) on financial assets measured at fair value through profit or loss 41,123 (11,176) 0
Other income and (expenses), net 2,121 1,275 (83)
Total other expense, net (10,892) (95,829) (158,252)
Net income 344,292 668,774 546,898
Attributable to:      
Equity holders of the parent $ 344,292 $ 668,774 $ 546,898
Earnings per share      
Basic (in USD per share) $ 7.40 $ 13.78 $ 10.44
Diluted (in USD per share) $ 7.03 $ 13.15 $ 10.03
Basic weighted average shares outstanding (in shares) 46,554,200 48,544,137 52,369,269
Diluted weighted average shares outstanding (in shares) 48,949,522 50,874,322 54,527,747