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Segment reporting (Tables)
9 Months Ended
Sep. 30, 2024
Segment reporting [Abstract]  
Total Revenues
The below table details the Company’s total revenues:
$ in thousands
   
Q3 2024
     
Q3 2023
   
9M 2024
   
9M 2023
 
Time charter revenues1
   
22,484
     
17,859
     
58,573
     
58,339
 
Voyage charter revenues
   
118,641
     
112,464
     
378,494
     
355,444
 
Shipping revenues
   
141,125
     
130,322
     
437,067
     
413,783
 
Other revenues2     982       1,243       3,315       3,397  
Total revenues     142,107       131,565       440,382       417,180  
1 Time charter revenues is presented in accordance with IFRS 16 Leases, while the portion of time charter revenues related to technical management services, equaling $5.1 million in the third quarter of 2024, $4.3 million in the third quarter of 2023, $13.1 million in the first nine months of 2024 and $15.1 million in the first nine months of 2023, is recognized in accordance with IFRS 15 Revenue from Contracts with Customers.
2 Other revenues mainly relate to technical management services provided.