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CAPITAL COMMITMENTS (Tables)
12 Months Ended
Dec. 31, 2013
CAPITAL COMMITMENTS [Abstract]  
Fiscal year maturity schedule of capital commitments
As at December 31, 2013, the estimated timing of the installment payments for these newbuildings are due to be paid as follows:

(in thousands of $)
 

Payable within 12 months to December 31, 2014
1,495,385

Payable within 12 months to December 31, 2015
152,220

 
1,647,605