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OTHER NON-CURRENT ASSETS
6 Months Ended
Jun. 30, 2025
OTHER NON-CURRENT ASSETS [Abstract]  
OTHER NON-CURRENT ASSETS OTHER NON-CURRENT ASSETS
(in thousands of $)June 30, 2025December 31, 2024
Mark-to-market asset on interest rate swaps (Note 6)
2,140 7,676 
Operating lease right-of-use-assets (1)
2,993 3,443 
Investment (2)
1,580 1,580 
Receivable from charterers (3)
1,248 — 
Others
16 16 
Other non-current assets7,977 12,715 

(1) Operating lease right-of-use-assets mainly comprise of our office leases in Norway, Croatia and Malaysia.
(2) Includes investments at cost in Armada Technologies Limited ("Armada") of $1.6 million as of June 30, 2025 (2024: $1.6 million). Armada is a UK-based technology company that has developed a largely passive “air lubrication system” to significantly improve fuel consumption in vessels.
(3) Receivable from charterers as of June 30, 2025 relates to the EUAs due from charterers under the EU ETS.