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COMMITMENTS
12 Months Ended
Dec. 31, 2021
Commitments [Abstract]  
COMMITMENTS
 
 
43
COMMITMENTS
 
The Group has entered into drydock and ballast water treatment contracts for some of its ships during the year. In terms of the agreements, the Group has committed to payments for these ships. The following has been authorised:
 
 
 
2021
 
 
2020
 
 
 
US$’000
 
 
US$’000
 
 
 
 
 
 
 
 
Due within 1 year
 
 
887
 
 
 
1,057
 
 
The expenditure will be financed out of cash resources from operations and bank loans.