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VESSELS AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]



(in thousands of $)	June 30, 2014		December 31, 2013
Cost	1,488,475		1,360,605
Accumulated depreciation	(302,650	)	(270,989	)
Vessels and equipment, net	1,185,825		1,089,616

During the period, the Company acquired nine second hand container vessels at a total cost of $127.9 million.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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