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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) [Abstract]        
Shipping revenues $ 59,095 $ 142,196 $ 212,018 $ 600,046
Operating expenses        
Voyage expenses (21,443) (24,691) (57,838) (127,296)
Vessel operating expenses (19,240) (20,496) (57,880) (60,044)
Depreciation and amortization (31,734) (31,117) (95,889) (92,217)
Impairment charges 0 (4,920) 0 (4,920)
(Gain) /loss, sale of vessel 1,556 0 15,153 0
General and administrative expense (4,420) (4,084) (14,645) (13,418)
Total operating expenses (75,281) (85,307) (211,099) (297,894)
Operating income (16,186) 56,889 919 302,152
Share of profit from associated companies 293 340 983 850
Interest income 4 3 5 199
Interest expense (6,348) (8,863) (19,430) (32,112)
Fair value gain/(loss) on derivative financial liabilities 2,316 2,611 7,994 (10,477)
Other financial (expense)/income (1,015) (181) 1,146 (1,253)
Profit/(loss) before tax (20,935) 50,799 (8,382) 259,359
Income tax expense (97) (127) (230) (705)
Net income/(loss) after tax (21,032) 50,672 (8,612) 258,654
Attributable to owners of non-controlling interest 3 3 9 7
Attributable to the owners of parent $ (21,035) $ 50,669 $ (8,621) $ 258,647
Basic net income/(loss) per share (in dollars per share) $ (0.13) $ 0.32 $ (0.05) $ 1.72
Diluted net income/(loss) per share (in dollars per share) $ (0.13) $ 0.31 $ (0.05) $ 1.56
Weighted average number of shares (basic) (in shares) 167,610,608 157,771,616 169,929,434 150,647,701
Weighted average number of shares (diluted) (in shares) 167,672,117 170,853,711 170,005,240 169,788,132