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OTHER NON-CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
OTHER NON-CURRENT ASSETS [Abstract]  
Other non-current assets
All figures in USD '000
 
2017
  
2016
 
Fixture, Furniture and Equipment
  
169
   
338
 
Arrangement fees Backstop facility and Newbuildings
  
15,484
   
-
 
Long term Deposit (Restricted Cash)
  
-
   
10,149
 
Other
  
316
   
-
 
Total as of December 31,
  
15,969
   
10,487