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v3.25.1

VESSELS, RIGS AND EQUIPMENT, NET - Schedule of Vessels and Equipment (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Depreciation | $ (239,181) | $ (214,062) | $ (187,827)
Vessels, Rigs And Equipment | Product Tanker |  |  |
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Vessel additions | 234,900 |  |
Vessels, Rigs And Equipment | Chemical Tankers |  |  |
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Vessel additions | 113,600 |  |
Cost |  |  |
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Capital improvements | 49,800 | 117,800 |
Cost | Vessels, Rigs And Equipment |  |  |
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Cost, beginning balance | 3,454,193 |  |
Vessel additions | 518,820 |  |
Capital improvements | 49,842 |  |
Vessel disposals | (37,496) |  |
Reclassification from 'Vessels under finance lease, net' | 542,262 |  |
Cost, ending balance | 4,527,621 | 3,454,193 |
Accumulated Depreciation | Vessels, Rigs And Equipment |  |  |
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Accumulated Depreciation, beginning balance | (799,460) |  |
Depreciation | (207,989) |  |
Vessel disposals | 32,126 |  |
Reclassification from 'Vessels under finance lease, net' | 0 |  |
Accumulated Depreciation, ending balance | (975,323) | (799,460) |
Vessels, Rigs and Equipment, net | Vessels, Rigs And Equipment |  |  |
Movement in Property, Plant and Equipment [Roll Forward] |  |  |
Vessels, Rigs, and Equipment, beginning balance | 2,654,733 |  |
Depreciation | (207,989) |  |
Vessel additions | 518,820 |  |
Capital improvements | 49,842 |  |
Vessel disposals | (5,370) |  |
Reclassification from 'Vessels under finance lease, net' | 542,262 |  |
Vessels, Rigs, and Equipment, ending balance | $ 3,552,298 | $ 2,654,733 |

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