XML 49 R21.htm IDEA: XBRL DOCUMENT v3.22.1
SHIPS, PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2021
Disclosure Of Trade And Other Receivables Explanatory [Abstract]  
SHIPS, PROPERTY, PLANT AND EQUIPMENT
 
13
SHIPS, PROPERTY, PLANT AND EQUIPMENT
 
 
 
Office

equipment,

furniture and

fittings and

motor vehicles
 



 
 



 
Plant and

equipment
 
 
Ships
 
 
Drydocking
 
 
Construction

in progress
 
 
Freehold

land and

buildings
 

 
 

 
Total
 
 
 
US$’000
 
 
US$’000
 
 
US$’000
 
 
US$’000
 
 
US$’000
 
 
US$’000
 
 
US$’000
 
Cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at 1 January 2020
 
 
4,994
 
 
 
4,802
 
 
 
497,569
 
 
 
11,432
 
 
 
774
 
 
 
268
 
 
 
519,839
 
Additions
 
 
67
 
 
 
-
 
 
 
1,716
 
 
 
7,307
 
 
 
-
 
 
 
-
 
 
 
9,090
 
Disposals
 
 
(118
)
 
 
(738
)
 
 
(24
)
 
 
(3,602
)
 
 
-
 
 
 
-
 
 
 
(4,482
)
Acquisition of subsidiary (Note 39.1 and Note 39.2)
(i)
 
 
-
 
 
 
287
 
 
 
239,773
 
 
 
3,823
 
 
 
-
 
 
 
-
 
 
 
243,883
 
Reclassification to inventories  (Note 12)
 
 
-
 
 
 
-
 
 
 
(105,966
)
 
 
(3,535
)
 
 
-
 
 
 
-
 
 
 
(109,501
)
Reclassification to disposal group held for sale (Note 38)
 
 
(659
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(659
)
Effect of foreign currency exchange differences
 
 
55
 
 
 
6
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(9
)
 
 
52
 
Balance at 31 December 2020
 
 
4,339
 
 
 
4,357
 
 
 
633,068
 
 
 
15,425
 
 
 
774
 
 
 
259
 
 
 
658,222
 
Additions
 
 
49
 
 
 
-
 
 
 
25,626
 
 
 
7,829
 
 
 
-
 
 
 
-
 
 
 
33,504
 
Disposals
 
 
(30
)
 
 
(25
)
 
 
-
 
 
 
(4,532
)
 
 
-
 
 
 
-
 
 
 
(4,587
)
Reclassification to inventories  (Note 12)
 
 
-
 
 
 
-
 
 
 
(69,599
)
 
 
(605
)
 
 
-
 
 
 
-
 
 
 
(70,204
)
Effect of foreign currency exchange differences
 
 
(169
)
 
 
(1
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(21
)
 
 
(191
)
Balance at 31 December 2021
 
 
4,189
 
 
 
4,331
 
 
 
589,095
 
 
 
18,117
 
 
 
774
 
 
 
238
 
 
 
616,744
 
Accumulated depreciation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at 1 January 2020
 
 
4,607
 
 
 
4,307
 
 
 
114,018
 
 
 
4,607
 
 
 
-
 
 
 
-
 
 
 
127,539
 
Depreciation from continuing operations
 
 
39
 
 
 
378
 
 
 
16,478
 
 
 
5,147
 
 
 
-
 
 
 
-
 
 
 
22,042
 
Depreciation from discontinued operation
 
 
83
 
 
 
-
 
 
 
1,785
 
 
 
61
 
 
 
 
 
 
 
 
 
 
 
1,929
 
Disposals
 
 
(117
)
 
 
(738
)
 
 
-
 
 
 
(1,600
)
 
 
-
 
 
 
-
 
 
 
(2,455
)
Reclassification
 
 
-
 
 
 
-
 
 
 
1,013
 
 
 
(1,013
)
 
 
 
 
 
 
 
 
 
 
-
 
Reclassification to inventories (Note 12)
 
 
-
 
 
 
-
 
 
 
(43,921
)
 
 
(1,105
)
 
 
-
 
 
 
-
 
 
 
(45,026
)
Reclassification to disposal group held for sale (Note 38)
 
 
(451
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(451
)
Effect of foreign currency exchange differences
 
 
76
 
 
 
3
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
79
 
Balance at 31 December 2020
 
 
4,237
 
 
 
3,950
 
 
 
89,373
 
 
 
6,097
 
 
 
-
 
 
 
-
 
 
 
103,657
 
Depreciation from continuing operations
 
 
51
 
 
 
145
 
 
 
18,668
 
 
 
7,053
 
 
 
-
 
 
 
-
 
 
 
25,917
 
Depreciation from discontinued operation
 
 
1
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
1
 
Disposals
 
 
(30
)
 
 
(18
)
 
 
-
 
 
 
(4,532
)
 
 
-
 
 
 
-
 
 
 
(4,580
)
Reclassification to inventories (Note 12)
 
 
-
 
 
 
-
 
 
 
(8,811
)
 
 
(171
)
 
 
-
 
 
 
-
 
 
 
(8,982
)
Effect of foreign currency exchange differences
 
 
(167
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(167
)
Balance at 31 December 2021
 
 
4,092
 
 
 
4,077
 
 
 
99,230
 
 
 
8,447
 
 
 
-
 
 
 
-
 
 
 
115,846
 
Impairment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at 1 January 2020
 
 
-
 
 
 
-
 
 
 
83,479
 
 
 
3,314
 
 
 
310
 
 
 
-
 
 
 
87,103
 
Impairment losses recognised in profit and loss from continuing operations
 
 
-
 
 
 
-
 
 
 
5,148
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
5,148
 
Impairment losses recognised in profit and loss from discontinued operation
 
 
138
 
 
 
-
 
 
 
9,951
 
 
 
1,183
 
 
 
-
 
 
 
-
 
 
 
11,272
 
Disposal
 
 
-
 
 
 
-
 
 
 
(1,109
)
 
 
(892
)
 
 
-
 
 
 
-
 
 
 
(2,001
)
Reclassification to disposal group held for sale (Note 38)
 
 
(138
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(138
)
Reclassification to inventories (Note 12)
 
 
-
 
 
 
-
 
 
 
(19,700
)
 
 
(2,422
)
 
 
-
 
 
 
-
 
 
 
(22,122
)
Balance at 31 December 2020
 
 
-
 
 
 
-
 
 
 
77,769
 
 
 
1,183
 
 
 
310
 
 
 
-
 
 
 
79,262
 
Impairment losses recognised in profit and loss from discontinued operation
 
 
1
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
1
 
Reversal of impairment recognised in profit and loss from continuing operations
 
 
-
 
 
 
-
 
 
 
(2,808
)
 
 
(749
)
 
 
-
 
 
 
-
 
 
 
(3,557
)
Reclassification to inventories (Note 12)
 
 
-
 
 
 
-
 
 
 
(11,853
)
 
 
(434
)
 
 
-
 
 
 
-
 
 
 
(12,287
)
Balance at 31 December 2021
 
 
1
 
 
 
-
 
 
 
63,108
 
 
 
-
 
 
 
310
 
 
 
-
 
 
 
63,419
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Carrying Amount:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
At 31 December 2021
 
 
96
 
 
 
254
 
 
 
426,757
 
 
 
9,670
 
 
 
464
 
 
 
238
 
 
 
437,479
 
At 31 December 2020
 
 
102
 
 
 
407
 
 
 
465,926
 
 
 
8,145
 
 
 
464
 
 
 
259
 
 
 
475,303
 

(i)
Ships of US$239,773,000 and drydocking of US$3,823,000 were assets acquired as part of the IVS Bulk transaction in 2020 (Note 39.1) and plant andequipment of US$287,000 was acquired as part of the IBC transaction in 2020 (Note 39.2).

Certain ships are pledged to secure bank borrowin
g
s as disclosed in Note 25.