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Consolidated Income Statement - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated Income Statement [Abstract]      
Shipping revenues $ 295,853 $ 691,039 $ 535,068
Other income 4,612 0 0
Operating expenses      
Voyage expenses (92,405) (140,564) (187,500)
Vessel operating expenses (77,807) (82,188) (78,327)
Depreciation and amortization (128,639) (124,245) (115,584)
Impairment charges 0 (12,560) 0
(Gain) /loss, sale of vessel 15,153 0 0
General and administrative expense (16,565) (17,890) (14,789)
Total operating expenses (300,264) (377,447) (396,201)
Operating income 202 313,591 138,867
Share of profit from associated companies 1,278 1,193 852
Interest income 6 212 1,077
Interest expense (25,727) (38,408) (55,332)
Fair value gain/(loss) on derivative financial liabilities 12,450 (8,074) (9,863)
Other financial (expense)/income 645 (1,334) (1,790)
Profit/(loss) before tax (11,147) 267,181 73,812
Income tax expense (360) (900) (131)
Profit/(loss) for the year (11,507) 266,281 73,680
Attributable to the owners of non-controlling interest 14 14 2
Attributable to the owners of parent $ (11,521) $ 266,266 $ 73,679
Basic earnings/(loss) per share (in dollars per share) $ (0.07) $ 1.71 $ 0.51
Diluted earnings/(loss) per share (in dollars per share) $ (0.07) $ 1.61 $ 0.51
Weighted average number of shares (basic) (in shares) 169,089,325 155,712,886 143,437,164
Weighted average number of shares (diluted) (in shares) 169,089,325 170,053,975 168,159,876