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CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) [Abstract]        
Shipping revenues $ 130,322 $ 108,227 $ 413,783 $ 283,860
Other revenues [1] 1,243 1,711 3,397 2,392
Total revenues 131,565 109,938 417,180 286,251
Gain on sale of vessels 0 6,829 0 19,513
Operating expenses        
Voyage expenses (41,235) (52,882) (117,896) (135,721)
Vessel operating expenses (18,608) (17,578) (56,711) (53,873)
Depreciation and amortization (28,326) (30,198) (80,427) (95,563)
General and administrative expenses (4,303) (3,867) (13,455) (14,125)
Total operating expenses (92,472) (104,525) (268,490) (299,282)
Operating (loss)/ income 39,093 12,242 148,691 6,482
Share of profit from associated companies 0 0 0 1,327
Interest income 1,213 80 3,577 191
Interest expense (8,789) (6,938) (23,868) (19,735)
Fair value gain/(loss) on derivative financial liabilities 0 2,788 (504) 14,927
Other financial (expense)/income (413) (469) (1,385) (2,555)
Profit/(loss) before tax 31,104 7,703 126,512 637
Income tax expense (137) (246) (422) (477)
Profit/(loss) after tax 30,967 7,457 126,089 161
Attributable to owners of non-controlling interest 208 425 97 665
Attributable to the owners of parent $ 30,759 $ 7,031 $ 125,993 $ (505)
Basic earnings/(loss) per share (in dollars per share) $ 0.19 $ 0.04 $ 0.77 $ 0
Diluted earnings/(loss) per share (in dollars per share) $ 0.19 $ 0.04 $ 0.77 $ 0
Weighted average number of shares (basic) (in shares) 161,735,939 162,867,756 162,575,803 165,380,297
Weighted average number of shares (diluted) (in shares) 161,902,025 163,058,844 162,743,441 165,380,297
[1] Other revenues mainly relate to technical management services provided.