v3.25.4
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Schedule of disaggregation of revenue and revenue from segments
USDm
2025
2024
2023
Disaggregation of revenue
  
  
  
Transportation of oil products and chemicals
1,314.2
1,544.0
1,491.4
Scrubbers and related services
18.7
9.1
21.7
Welding and mounting
4.3
4.9
5.3
Others
2.3
1.2
2.0
Total revenue
1,339.5
1,559.2
1,520.4
Tanker segment
1,314.2
1,544.0
1,491.4
Marine Engineering segment
37.2
29.6
48.0
Intersegment elimination
(11.9)
(14.4)
(19.0)
Total revenue
1,339.5
1,559.2
1,520.4
Schedule of customer contract balances
USDm
2025
2024
2023
Customer contract balances
  
  
  
Trade receivables
214.7
183.9
211.0
Customer contract assets¹⁾
1.6
2.4
2.5
Customer contract liabilities²⁾
(2.3)
(7.5)
(3.4)
Total
214.0
178.8
210.1
1) Recognized in prepayments.
2) Recognized in prepayments from customers.