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Segment reporting (Tables)

9 Months Ended

Sep. 30, 2020

Segment reporting [Abstract]

Shipping Revenues

The below table details the Company’s shipping revenues:

$ in thousands		Q3 2020	Q3 2019		YTD 2020	YTD 2019
Time charter revenues*		51,835	10,055		126,168	33,553
Voyage charter revenues		90,362	94,685		473,878	309,679
Shipping revenues		142,196	104,740		600,046	343,233

*Time charter revenue is presented in accordance with IFRS 16 Leases, while the portion of time charter revenue related to technical management services, equaling $8.9 million in the third quarter of 2020, $3.1 million in the third quarter of 2019, $19.2 million in the first 9 months of 2020 and $10.7 million the first 9 months of 2019 is presented in accordance with IFRS 15 Revenue from Contracts with Customers.

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