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CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Consolidated Income Statement [Abstract]        
Shipping revenues $ 107,151 $ 141,125 $ 353,266 $ 437,067
Other revenues [1],[2] 197 982 971 3,315
Total revenues 107,348 142,107 354,237 440,382
Other income 970 0 970 0
Gain on sale of vessels 15,688 0 52,943 0
Operating expenses        
Voyage expenses (28,047) (48,484) (102,006) (134,390)
Vessel operating expenses (18,436) (19,048) (55,868) (58,614)
Depreciation and amortization (25,969) (28,135) (79,379) (84,264)
General and administrative expenses (4,132) (4,169) (14,267) (13,354)
Total operating expenses (76,584) (99,837) (251,521) (290,621)
Operating (loss)/ income 47,422 42,270 156,630 149,760
Interest income 936 1,035 2,549 3,061
Interest expense (2,586) (7,318) (11,879) (24,015)
Fair value gain/(loss) on derivative financial liabilities (354) 0 (354) 0
Other financial (expense)/income (520) (719) (1,852) (1,643)
Profit/(loss) before tax 44,898 35,268 145,094 127,163
Income tax expense (93) (79) (206) (414)
Profit/(loss) after tax 44,805 35,189 144,888 126,749
Attributable to owners of non-controlling interest 2 (17) (136) 308
Attributable to the owners of parent $ 44,803 $ 35,206 $ 145,024 $ 126,442
Basic earnings/(loss) per share (in dollars per share) $ 0.28 $ 0.22 $ 0.9 $ 0.78
Diluted earnings/(loss) per share (in dollars per share) $ 0.28 $ 0.22 $ 0.9 $ 0.78
Weighted average number of shares (basic) (in shares) 160,799,407 161,464,487 160,653,406 161,382,024
Weighted average number of shares (diluted) (in shares) 160,885,603 161,553,185 160,722,392 161,479,762
[1] Other revenues mainly relate to technical management services provided and are recognized in accordance with IFRS 15.
[2] Voyage charter revenues are related to revenue from spot charters and are recognized in accordance with IFRS 15.