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INTEREST EXPENSES (Tables) | 12 Months Ended
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Dec. 31, 2024
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 |  | 2024 |  |  | 2023 |  |  | 2022 |
Interest Expenses, net of capitalized interest |  |  | 29,889 |  |  |  | 29,040 |  |  |  | 23,455 |
Amortization of Deferred Financing Costs |  |  | 850 |  |  |  | 1,458 |  |  |  | 3,600 |
Total Interest Expenses |  |  | 30,739 |  |  |  | 30,498 |  |  |  | 27,055 |

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