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Consolidated Income Statement - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Consolidated Income Statement [abstract]      
Shipping revenues $ 535,068 $ 375,941 $ 355,052
Operating expenses      
Voyage expenses (187,500) (161,891) (113,301)
Vessel operating expenses (78,327) (75,800) (72,431)
Depreciation and amortization (115,584) (103,476) (96,758)
Impairment charge 0 (3,500) (8,540)
Profit/(loss), sale of vessel 0 75 (3,540)
General and administrative expense (14,789) (15,052) (17,180)
Total operating expenses (396,201) (359,644) (311,749)
Operating income 138,867 16,297 43,303
Share of profit from associated companies 852 858 802
Interest income 1,077 345 140
Interest expense (55,332) (54,211) (40,109)
Fair value gain/(loss) on derivative financial liabilities (9,863) (5,191) 2,154
Other financial (expense)/income (1,790) (4,943) 443
Profit/(loss) before tax 73,812 (46,845) 6,733
Income tax expense (131) (83) (131)
Profit/(loss) for the year 73,680 (46,927) 6,602
Attributable to the owners of non-controlling interest 2 0 0
Attributable to the owners of parent $ 73,679 $ (46,927) $ 6,602
Basic net income/(loss) per share (in dollars per share) $ 0.51 $ (0.33) $ 0.05
Diluted net income/(loss) per share (in dollars per share) $ 0.51 $ (0.33) $ 0.05
Weighted average number of shares (basic) (in shares) 143,437,164 143,429,610 124,536,338
Weighted average number of shares (diluted) (in shares) 168,159,876 143,434,921 124,536,338