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Unaudited Interim Condensed Consolidated Income Statements - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Voyage revenues (Note 14) $ 462,721 $ 778,217
Expenses/(Income)    
Voyage expenses (Notes 3 ) 128,635 119,785
Charter-in hire expenses 9,695 12,950
Vessel operating expenses  112,303 115,847
Dry docking expenses 18,861 19,169
Depreciation (Note 5) 70,075 77,469
Management fees (Notes 3)  8,460 9,800
General and administrative expenses (Note 3) 22,675 25,912
Impairment loss (Notes 5 and 13) 7,700 (0)
Loss on write-down of inventory  4,743 (0)
Other operational loss 326 774
Other operational gain (Note 5) (33,676) (2,103)
Loss on bad debt 300 (0)
(Gain)/Loss on forward freight agreements and bunker swaps, net (Note 13) (4,207) 3,939
Loss on sale of vessels (Note 5) 34 0
Total operating expenses, net 345,924 383,542
Operating income 116,797 394,675
Other Income/ (Expenses):    
Interest and finance costs (Note 8) (31,731) (24,308)
Interest income and other income/(loss) 6,593 61
Gain/(Loss) on interest rate swaps, net (Note 13) (507) (0)
Gain/(Loss) on debt extinguishment, net (Note 8) (888) 129
Total other expenses, net (26,533) (24,118)
Income before taxes and equity in income/(loss) of investee 90,264 370,557
Income taxes (103) (37)
Income before equity in income/(loss) of investee 90,161 370,520
Equity in income / (loss) of investee (Note 3) 33 (10)
Net income $ 90,194 $ 370,510
Earnings per share, basic $ 0.88 $ 3.63
Earnings per share, diluted $ 0.87 $ 3.62
Weighted average number of shares outstanding, basic (Note 10) 102,821,671 102,098,942
Weighted average number of shares outstanding, diluted  (Note 10) 103,170,724 102,439,945