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INTEREST EXPENSES (Tables)

12 Months Ended

Dec. 31, 2023

INTEREST EXPENSES [Abstract]

Interest Expense on Long-term Debt

Interest expenses consist of interest expense on the long-term debt and amortization of deferred financing costs related to the facilities described in Note 8.

All figures in USD ‘000		2023				2022				2021
Interest Expenses, net of capitalized interest			29,040				23,455				23,392
Amortization of Deferred Financing Costs			1,458				3,600				2,988
Total Interest Expenses			30,498				27,055				26,380

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Tabular disclosure of interest expense.

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