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VESSELS AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Schedule of movements of vessels and equipment

Movements in the six months ended June 30, 2022 are summarized as follows:

(in thousands of $)			Cost			Accumulated Depreciation			Vessels and Equipment, net
Balance as of December 31, 2021			2,782,909			(552,326)			2,230,583
Depreciation			—			(70,828)			(70,828)
Vessel additions			190,000			—			190,000
Capital improvements			492			—			492
Balance as of June 30, 2022			2,973,401			(623,154)			2,350,247

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- Definition

Tabular disclosure of the cost, accumulated depreciation and net carrying values of vessels and equipment used in the normal course of business to generate operating revenue, excluding capital lease assets.

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