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VESSELS, NET (Tables) | 12 Months Ended
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Dec. 31, 2016
VESSELS, NET [Abstract] |
Vessels, net | Vessels, net, consist of the carrying value of 29 vessels and 24 vessels for the year ended December 31, 2016 and December 31, 2015, respectively. Vessels, net include drydocking costs.
All Figures in USD ‘000 |  | 2016 |  |  | 2015 |
Vessels |  |  | 1,700,040 |  |  |  | 1,530,245 |
Drydocking |  |  | 99,153 |  |  |  | 82,695 |
Total |  |  | 1,799,193 |  |  |  | 1,612,940 |
Less Accumulated Depreciation |  |  | (741,144 | ) |  |  | (650,255 | )
Vessels, net |  |  | 1,058,049 |  |  |  | 962,685 |

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