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VOYAGE REVENUES (Tables) | 12 Months Ended
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Dec. 31, 2020
VOYAGE REVENUES [Abstract] |
Voyage Revenues | Our voyage revenues consist of time charter revenues and spot charter revenues with the following split:
All figures in USD ‘000 |  | 2020 |  |  | 2019 |  |  | 2018 |
Spot Charter Revenues |  |  | 274,217 |  |  |  | 283,007 |  |  |  | 259,978 |
Time Charter Revenues |  |  | 80,402 |  |  |  | 34,213 |  |  |  | 29,038 |
Total Voyage Revenues |  |  | 354,619 |  |  |  | 317,220 |  |  |  | 289,016 |
Future Minimum Revenues | The future minimum revenues as at December 31, 2020 related to time charter revenues are as follows:
All figures in USD ‘000 |  | Amount |
2021 |  |  | 8,395 |
2022 |  |  | - |
2023 |  |  | - |
Total Future Minimum Revenues |  |  | 8,395 |

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