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General and administrative expenses
 12 Months Ended
Dec. 31, 2023
Analysis of income and expense [abstract]  
General and administrative expenses General and administrative expenses
General and administrative expenses primarily represent employee benefit expenses, professional fees and administrative fees payable to SSH under our administrative services agreement (as described in Note 15).
Employee benefit expenses (excluding crew) consist of:
 For the year ended December 31,
In thousands of U.S. dollars202320222021
Short term employee benefits$36,768 $46,678 $10,841 
Share based compensation (see Note 14)47,340 20,397 22,931 
 $84,108 $67,075 $33,772 
There are no material post-employment benefits for our executive officers or directors. By law, our employees in Monaco are entitled to a one-time payment of up to two months salary upon retirement if they meet certain minimum service requirements.