OTHER LONG-TERM ASSETS

12 Months Ended

Dec. 31, 2021

Statement of Financial Position [Abstract]

OTHER LONG-TERM ASSETS

20. OTHER LONG-TERM ASSETS

Other long-term assets are comprised of advances paid and costs incurred in respect of vessel upgrades in relation to EGCS and BWTS until such time as the equipment is installed on a vessel, at which point it is transferred to Vessels and equipment, net.