PROFIT (LOSS) BEFORE TAXATION (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of loss before taxation [Abstract]

Disclosure of detailed information regarding adjustments to reconcile profitloss before tax [Text Block]

Profit (loss) before taxation has been arrived at after charging:

	2021		2020		2019
	US$’000		US$’000		US$’000
Depreciation of ships, drydocking and plant and equipment (Note 13)		25,866		22,003		10,735
Depreciation of other property, plant and equipment *		51		39		43
Amortisation of intangible assets *		165		146		25
Total depreciation and amortisation – owned assets		26,082		22,188		10,803
Depreciation of ships and ship equipment – right-of-use assets		34,898		24,674		25,004
Depreciation of property – right-of-use assets *		938		946		450
Total depreciation and amortisation – right-of-use assets		35,836		25,620		25,454
Total depreciation and amortisation		61,918		47,808		36,257
Cost of inventories recognised as expense (included in voyage expenses)		57,633		47,135		51,191
Expense recognised in respect of equity-settled share-based payments		3,336		1,831		3,129
Employee benefits expenses (including directors’ remuneration and share based payments)		27,206		14,534		17,162
Cost of defined benefit plan and defined contribution plans included in employee benefits expenses		1,096		1,019		1,089

* Included in administrative expense