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Consolidated statements of profit or loss and total comprehensive income or loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss and total comprehensive income      
Revenues $ 397,838 $ 371,034 $ 326,142
Voyage expenses and commissions (10,998) (6,756) (6,863)
Vessel operating costs (67,753) (72,363) (75,333)
Depreciation (98,472) (87,490) (85,493)
General and administrative expenses (22,795) (17,509) (13,362)
(Loss)/gain on disposal of vessels (1,033) 171 (630)
Impairment loss on vessels (142) (32,471) (103,977)
Profit from operations 196,645 154,616 40,484
Financial costs (67,060) (47,639) (37,297)
Financial income 7,612 2,363 43
Gain on derivatives 1,512 9,646 2,496
Total other expenses, net (57,936) (35,630) (34,758)
Profit for the year 138,709 118,986 5,726
Total comprehensive income for the year $ 138,709 $ 118,986 $ 5,726