REVENUE (Tables)

12 Months Ended

Dec. 31, 2021

Revenue [abstract]

Disclosure of Detailed Information About Timing Of Revenue [Table Text Block]

A disaggregation of the Group’s revenue for the year based on timing of revenue recognition is as follows:

	2021		2020		2019
	US$’000		US$’000		US$’000
Over time:
Charter hire		210,079		81,212		94,924
Freight revenue		245,179		122,766		164,280
Vessel revenue		455,258		203,978		259,204
Management fees		581		1,526		5,019
Miscellaneous		-		-		2
Other		581		1,526		5,021
At a point in time:
Sale of ships		-		4,937		7,645
Sale of bunkers and other consumables		-		241		422
Ship sales		-		5,178		8,067
		455,839		210,682		272,292