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VESSELS, NET (Tables) | 12 Months Ended
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Dec. 31, 2017
VESSELS, NET [Abstract] |
Vessels, net | Vessels, net, consist of the carrying value of 30 vessels and 29 vessels for the year ended December 31, 2017 and December 31, 2016, respectively. Vessels, net include drydocking costs.
All Figures in USD '000 |  | 2017 |  |  | 2016 |
Vessels |  |  | 1,769,967 |  |  |  | 1,700,040 |
Drydocking |  |  | 119,303 |  |  |  | 99,153 |
Total |  |  | 1,889,270 |  |  |  | 1,799,193 |
Less Accumulated Depreciation |  |  | (842,977 | ) |  |  | (741,144 | )
Less Impairment Loss on Vessels |  |  | (110,480 | ) |  |  | - |
Vessels, net |  |  | 935,813 |  |  |  | 1,058,049 |

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- Definition Tabular disclosure of net book value, accumulated depreciation, and depreciation expense of vessels that are used in the normal conduct of business and not intended for resale. + References No definition available. + Details
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- References No definition available. + Details
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