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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 578,761 $ 324,918
Restricted cash 0 2,032
Trade and other receivables, less allowance for credit losses of $3,034 and $3,184 as of December 31, 2025 and 2024, respectively 285,372 323,805
Marine operating supplies 38,482 34,319
Prepaid expenses and other current assets 11,520 13,588
Total current assets 914,135 698,662
Net properties and equipment 1,072,020 1,184,282
Deferred drydocking and survey costs 139,736 152,550
Deferred tax asset 200,939 3,163
Other Assets, Noncurrent 50,626 24,301
Total assets 2,386,911 2,074,904
Liabilities, Current [Abstract]    
Accounts payable 66,347 71,385
Accrued expenses 153,169 129,894
Current portion of long-term debt 5,845 65,386
Other current liabilities 89,876 64,948
Total current liabilities 315,237 331,613
Long-term debt 649,048 571,710
Other Liabilities, Noncurrent 61,372 60,396
Commitments and contingencies
Equity:    
Common stock of $0.001 par value, 125,000,000 shares authorized. 49,566,334 and 51,461,472 shares issued and outstanding at December 31, 2025 and 2024, respectively 50 52
Additional paid-in capital 1,663,247 1,656,830
Accumulated deficit (305,157) (548,831)
Accumulated other comprehensive income 7,248 6,060
Total stockholders’ equity 1,365,388 1,114,111
Noncontrolling interests (4,134) (2,926)
Total equity 1,361,254 1,111,185
Total liabilities and equity 2,386,911 2,074,904
Swire Pacific Offshore Holdings Ltd. [Member]    
Current assets:    
Indemnification assets $ 9,455 $ 11,946