Other assets

12 Months Ended

Dec. 31, 2025

Subclassifications of assets, liabilities and equities [abstract]

Other assets

Other assets:

As at	Dec 31 2025		Dec 31 2024
Cash flow hedges (note 19)	$	106,998	$	128,414
Chile VAT receivable	8,077		15,834
Restricted cash for debt service and major maintenance of vessels (a)	15,317		14,305
Fair value of natural gas contracts (note 19)	25,043		23,054
Deposit for catalyst supply	7,595		6,274
Investment in Carbon Recycling International	5,620		5,620
Defined benefit pension plans (note 21)	2,404		3,733
Other	18,448		16,855
Total other assets	189,502		214,089
Less current portion (b)	(40,406)		(30,820)
	$	149,096	$	183,269

a) Restricted cash

The Company holds $15.3 million (2024 - $14.3 million) of restricted cash for the funding of debt service and major maintenance accounts.

b) Current portion of other assets

Other assets presented as current assets as at December 31, 2025 includes $32.2 million (2024 - $27.7 million) for the current portion of the cash flow hedge (see note 19), $3.5 million (2024 - $3.1 million) of restricted cash for debt service and major maintenance, in particular the anticipated major maintenance costs of four vessels, and $4.7 million (2024 - nil) for the current portion of natural gas derivative assets.