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INVESTMENT SECURITIES | 12 Months Ended
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Dec. 31, 2020
INVESTMENT SECURITIES [Abstract] |
INVESTMENT SECURITIES |
5. | INVESTMENT SECURITIES
The Company owned 811,538 shares in Hermitage Offshore Services Ltd. as of December 31, 2019. The carrying value of the investment as of December 31, 2019 was $0.8 million based on the market share price. The Company has disposed of 811,538 shares for a consideration of $0.6 million in the period ended December 31, 2020, and recognized a loss of $0.2 million in Other Financial Income (Expenses) in 2020.

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