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Vessels (Tables)
 9 Months Ended
Sep. 30, 2023
Vessels [Abstract]  
Vessel Costs
Vessels

Cost of Vessels      
$ in thousands
      
At January 1, 2023
    
1,997,196
  
Transferred from vessels upgrades
    
128,791
  
Retirement 1
     (9,040 )
At September 30, 2023
    
2,116,946
  

Depreciation and amortization
      
$ in thousands
      
At January 1, 2023
    
735,198
  
Depreciation and amortization 2
    
78,897
  
Retirement 1     (9,040 )
At September 30, 2023
    
805,055
  

Carrying Amount
       
$ in thousands
            
At January 1, 2023
    
1,261,998
  
At September 30, 2023
    
1,311,892
  
1Relates to completed depreciation of drydocking for DHT Bronco, DHT Colt, DHT Mustang, DHT Scandinavia and DHT Stallion.
2 Relates solely to depreciation of vessels, drydocking, and EGCS. Depreciation of office leases and other property, plant, and equipment represents an additional $1,530 thousand, which combined with the depreciation of vessels, drydocking, and EGCS comprises $80,427 thousand in depreciation and amortization.

Advances for vessel and vessel upgrades

Cost of advances for vessel and vessel upgrades relates to prepaid drydocking.

Cost of advances of vessel and vessel upgrades
     
$ in thousands
      
At January 1, 2023
    
4,583
  
Additions
    
124,223
  
Transferred to vessels
    
(128,791
)
At September 30, 2023
    
15