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CONSOLIDATED STATEMENTS OF PROFIT OR LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Profit or loss [abstract]      
Revenue $ 455,839 $ 210,682 $ 272,292
Cost of sales      
Voyage expenses (96,964) (81,840) (141,445)
Vessel operating costs (43,958) (37,968) (19,518)
Charter hire costs (75,381) (34,369) (56,087)
Depreciation of ships, drydocking and plant and equipment– owned assets (25,866) (22,003) (10,735)
Depreciation of ships and ship equipment – right-of-use assets (34,898) (24,674) (25,004)
Other expenses (1,875) (398) (239)
Cost of ship sale 0 (5,375) (8,280)
Gross profit 176,897 4,055 10,984
Other operating income (expense) 3,849 (293) (6,524)
Administrative expense (36,089) (21,435) (23,902)
Share of losses of joint ventures (31) (2,476) (1,873)
Interest income 201 467 1,882
Interest expense (12,298) (15,106) (8,052)
Profit (loss) before taxation 132,529 (34,788) (27,485)
Income tax benefit (expense) 118 (189) 400
Profit (loss) for the year from continuing operations 132,647 (34,977) (27,085)
Loss for the year from discontinued operation (3,165) (6,123) (16,402)
Profit (loss) for the year 129,482 (41,100) (43,487)
Profit (loss) for the year attributable to:      
Owners of the Company 118,925 (38,795) (43,487)
Non-controlling interests – continuing operations 10,557 (2,305) 0
Profit (loss) for the year $ 129,482 $ (41,100) $ (43,487)
Profit (loss) per share attributable to the owners of the Company:      
Basic $ 6.21 $ (2.05) $ (2.29)
Diluted 5.94 (2.05) (2.29)
From continuing operations - Basic 6.38 (1.72) (1.42)
From continuing operations - Diluted $ 6.10 $ (1.72) $ (1.42)
Continue Operations [Member]      
Profit (loss) for the year attributable to:      
Owners of the Company $ 122,090 $ (32,672) $ (27,085)
Discontinued operations [member]      
Profit (loss) for the year attributable to:      
Owners of the Company $ (3,165) $ (6,123) $ (16,402)