CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
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| Consolidated Income Statement [Abstract] | ||||||
| Shipping revenues | $ 141,125 | $ 130,322 | $ 437,067 | $ 413,783 | ||
| Other revenues | [1] | 982 | 1,243 | 3,315 | 3,397 | |
| Total revenues | 142,107 | 131,565 | 440,382 | 417,180 | ||
| Operating expenses | ||||||
| Voyage expenses | (48,484) | (41,235) | (134,390) | (117,896) | ||
| Vessel operating expenses | (19,048) | (18,608) | (58,614) | (56,711) | ||
| Depreciation and amortization | (28,135) | (28,326) | (84,264) | (80,427) | ||
| General and administrative expenses | (4,169) | (4,303) | (13,354) | (13,455) | ||
| Total operating expenses | (99,837) | (92,472) | (290,621) | (268,490) | ||
| Operating (loss)/ income | 42,270 | 39,093 | 149,760 | 148,691 | ||
| Interest income | 1,035 | 1,213 | 3,061 | 3,577 | ||
| Interest expense | (7,318) | (8,789) | (24,015) | (23,868) | ||
| Fair value gain/(loss) on derivative financial liabilities | 0 | 0 | 0 | (504) | ||
| Other financial (expense)/income | (719) | (413) | (1,643) | (1,385) | ||
| Profit/(loss) before tax | 35,268 | 31,104 | 127,163 | 126,512 | ||
| Income tax expense | (79) | (137) | (414) | (422) | ||
| Profit/(loss) after tax | 35,189 | 30,967 | 126,749 | 126,089 | ||
| Attributable to owners of non-controlling interest | (17) | 208 | 308 | 97 | ||
| Attributable to the owners of parent | $ 35,206 | $ 30,759 | $ 126,442 | $ 125,993 | ||
| Basic earnings/(loss) per share (in dollars per share) | $ 0.22 | $ 0.19 | $ 0.78 | $ 0.77 | ||
| Diluted earnings/(loss) per share (in dollars per share) | $ 0.22 | $ 0.19 | $ 0.78 | $ 0.77 | ||
| Weighted average number of shares (basic) (in shares) | 161,464,487 | 161,735,939 | 161,382,024 | 162,575,803 | ||
| Weighted average number of shares (diluted) (in shares) | 161,553,185 | 161,902,025 | 161,479,762 | 162,743,441 | ||
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- References No definition available.
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- Definition The amount of revenue arising from the rendering of shipping services. No definition available.
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- Definition The amount of vessel operating expenses. No definition available.
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- Definition The amount of voyage expenses. No definition available.
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- Definition The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of expense relating to general and administrative activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of all operating expenses. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of finance income or cost that the entity does not separately disclose in the same statement or note. [Refer: Finance income (cost)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of revenue arising from sources that the entity does not separately disclose in the same statement or note. [Refer: Revenue] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The profit (loss) from operating activities of the entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of income arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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