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VESSELS AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Vessels and equipment, net VESSELS AND EQUIPMENT, NET
The table below summarizes the vessels and equipment, net applicable to the Company:
(in thousands of $)Vessels and equipmentDry-dockingTotal
Cost
At December 31, 20212,467,470 32,500 2,499,970 
At December 31, 20222,467,470 32,500 2,499,970 
Additions— 20,714 20,714 
Disposals— (10,000)(10,000)
At December 31, 20232,467,470 43,214 2,510,684 
Accumulated depreciation
At December 31, 2021(143,923)(13,882)(157,805)
Charge(65,724)(6,495)(72,219)
At December 31, 2022(209,647)(20,377)(230,024)
Charge(65,724)(7,635)(73,359)
Disposals— 10,000 10,000 
At December 31, 2023(275,371)(18,012)(293,383)
Net book value
At December 31, 20212,323,547 18,618 2,342,165 
At December 31, 20222,257,823 12,123 2,269,946 
At December 31, 20232,192,099 25,202 2,217,301 
In March and April 2023, Flex Enterprise and her sister vessel, Flex Endeavour, respectively, completed their first scheduled drydock in Singapore.
In June 2023, Flex Ranger and her sister vessel, Flex Rainbow, completed their first scheduled drydock in Denmark and Singapore, respectively.