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OTHER CURRENT LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2025
Other Liabilities, Current [Abstract]  
Components of other current liabilities
Other current liabilities is comprised of the following:
(in thousands of $)June 30, 2025December 31, 2024
Deferred operating lease and advance charter hire revenue
20,708 28,742 
Unfavorable contract liabilities (Note 8)
15,767 15,767 
Current portion of operating lease liability886 866 
Mark-to-market liability on interest rate swaps3,285 — 
Other payables (1)
2,294 2,313 
Other current liabilities42,940 47,688 

(1) Other payables include the Company's obligation amounting to $2.4 million (2024: $2.3 million) relating to EUAs due under the EU ETS, of which $1.9 million (2024: $0.6 million) is funded through EUAs received from charterers and included in “Current intangible assets, net” and $0.5 million (2024: $1.7 million) of the obligation will be funded through EUAs due from charterers, included in “Other current assets”.