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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of cash flows [abstract]    
Net cash provided by operating activities $ 553,154 $ 91,736
Investing activities    
Additions to newbuildings, vessels and equipment (153,280) (169,603)
Proceeds from sale of vessels 142,740 80,000
Cash inflow on repayment of loan to associated company 1,388 0
Net cash used in investing activities (9,152) (89,603)
Financing activities    
Proceeds from issuance of debt 259,375 234,000
Repayment of debt (356,625) (223,270)
Repayment of obligations under leases (411) (1,669)
Lease termination payments 0 (4,456)
Cash dividends paid (394,043) 0
Net cash provided by (used in) financing activities (491,704) 4,605
Net change in cash and cash equivalents 52,298 6,738
Cash and cash equivalents at beginning of period 254,525 113,073
Cash and cash equivalents at end of period $ 306,823 $ 119,811