VESSELS AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Summary of Rollforward of Vessels and Equipment

Movements in the three years ended December 31, 2021 are summarized as follows:

(in thousands of $)	Cost	Accumulated Depreciation	Net Carrying Value
Balance at December 31, 2018	2,808,356	(331,601)	2,476,755
Transfers from Newbuildings	166,121	—
Additions	39,029	—
Depreciation	—	(102,000)
Balance at December 31, 2019	3,013,506	(433,601)	2,579,905
Depreciation	—	(127,126)
Additions	28,461	—
Trafigura asset acquisition	663,683	—
Transfers from Newbuildings	162,221	—
Balance at December 31, 2020	3,867,871	(560,727)	3,307,144
Depreciation	—	(139,136)
Additions	190,572	—
Disposals	(94,645)	19,704
Transfers from Newbuildings	194,162	—
Balance at December 31, 2021	4,157,960	(680,159)	3,477,801