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Consolidated Income Statements - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Voyage revenues (Note 16) $ 949,269 $ 1,437,156 $ 1,427,423
Expenses/(Income)      
Voyage expenses (Notes 3 and 17) 253,843 286,534 226,111
Charter-in hire expenses (Note 3) 17,656 21,020 14,565
Vessel operating expenses (Note 17) 221,327 228,616 208,661
Dry docking expenses 41,969 47,718 30,986
Depreciation (Note 5) 138,429 156,733 152,640
Management fees (Notes 3 and 10) 16,809 19,071 19,489
General and administrative expenses (Note 3) 54,413 56,826 39,500
Impairment loss (Notes 5 and 18) 17,838 (0) (0)
Loss on write-down of inventory (Note 2j) 9,318 17,326 (0)
(Gain)/Loss on time charter agreement termination 0 0 (1,102)
Other operational loss 952 2,380 2,214
Other operational gain (Note 5) (33,980) (8,794) (2,110)
Loss on bad debt (Note 2i) 300 677 629
(Gain)/Loss on forward freight agreements and bunker swaps, net (Note 18) 1,336 1,451 (3,564)
Gain on sale of vessels (Note 5) (29,399) 0 0
Total operating expenses, net 710,811 829,558 688,019
Operating income 238,458 607,598 739,404
Other Income/ (Expenses):      
Interest and finance costs (Note 8) (71,319) (52,578) (56,036)
Interest income and other income/(loss) 15,228 7,050 315
Gain/(Loss) on interest rate swaps, net (Note 18) (3,539) (0) (0)
Gain/(Loss) on debt extinguishment, net (Note 8) (5,149) 4,064 (3,257)
Total other expenses, net (64,779) (41,464) (58,978)
 Income before taxes and equity in income of investee 173,679 566,134 680,426
Income taxes (Note 14) (183) (244) (16)
Income before equity in income of investee 173,496 565,890 680,410
Equity in income of investee (Note 3) 60 109 120
Net income $ 173,556 $ 565,999 $ 680,530
Earnings per share, basic $ 1.76 $ 5.54 $ 6.73
Earnings per share, diluted $ 1.75 $ 5.52 $ 6.71
Weighted average number of shares outstanding, basic (Note 12) 98,457,929 102,153,255 101,183,829
Weighted average number of shares outstanding, diluted  (Note 12) 98,928,011 102,536,966 101,479,072