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Segment reporting - Consolidated Statement of Profit or Loss By Operating Segment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Shipping income      
Revenue $ 1,235,127 $ 854,669 $ 419,770
Gains on disposal of vessels/other tangible assets 372,444 96,160 15,068
Other operating income 23,316 15,141 10,255
Total shipping income 1,630,887 965,970 445,093
Operating expenses      
Voyage expenses and commissions (142,090) (175,187) (118,808)
Vessel operating expenses (231,033) (216,094) (220,706)
Charter hire expenses (4,500) (5,769) (9,750)
Losses on disposal of vessels/other tangible assets 0 (347) 0
Depreciation tangible assets (219,428) (221,576) (344,904)
Depreciation intangible assets (Note 9) (1,612) (1,021) (90)
General and administrative expenses (62,532) (51,702) (32,408)
Total operating expenses (661,195) (671,696) (726,666)
RESULT FROM OPERATING ACTIVITIES 969,692 294,274 (281,573)
Finance income 67,168 27,140 14,934
Finance expenses (171,897) (133,009) (95,541)
Net finance expenses (104,729) (105,869) (80,607)
Share of profit (loss) of equity accounted investees (net of income tax) (927) 17,650 22,976
PROFIT (LOSS) BEFORE INCOME TAX 864,036 206,055 (339,204)
Income tax expense (6,009) (2,804) 427
PROFIT (LOSS) FOR THE PERIOD 858,027 203,251 (338,777)
Attributable to:      
Owners of the company 858,027 203,251 (338,777)
Operating segments | Tankers      
Shipping income      
Revenue 1,172,725 810,122 422,649
Gains on disposal of vessels/other tangible assets 372,444 99,437 15,068
Other operating income 17,447 12,208 10,111
Total shipping income 1,562,616 921,767 447,828
Operating expenses      
Voyage expenses and commissions (142,090) (176,146) (122,374)
Vessel operating expenses (205,013) (202,765) (222,087)
Charter hire expenses (4,500) (5,259) (6,775)
Losses on disposal of vessels/other tangible assets 0 (347) 0
Depreciation tangible assets (203,750) (212,624) (347,338)
Depreciation intangible assets (Note 9) (56) (108) (90)
General and administrative expenses (61,934) (51,323) (32,441)
Total operating expenses (617,343) (648,572) (731,105)
RESULT FROM OPERATING ACTIVITIES 945,273 273,195 (283,277)
Finance income 66,572 26,747 14,050
Finance expenses (163,516) (128,695) (95,626)
Net finance expenses (96,944) (101,948) (81,576)
Share of profit (loss) of equity accounted investees (net of income tax) (905) 92 380
PROFIT (LOSS) BEFORE INCOME TAX 847,424 171,339 (364,473)
Income tax expense (2,826) (216) 427
PROFIT (LOSS) FOR THE PERIOD 844,598 171,123 (364,046)
Attributable to:      
Owners of the company 844,598 171,123 (364,046)
Operating segments | FSO      
Shipping income      
Revenue 63,236 66,297 50,132
Gains on disposal of vessels/other tangible assets 0 0 0
Other operating income 5,879 3,752 2,356
Total shipping income 69,115 70,049 52,488
Operating expenses      
Voyage expenses and commissions 0 0 0
Vessel operating expenses (26,855) (19,156) (12,381)
Charter hire expenses 0 0 0
Losses on disposal of vessels/other tangible assets 0 0 0
Depreciation tangible assets (15,678) (12,101) (9,899)
Depreciation intangible assets (Note 9) (1,556) (913) 0
General and administrative expenses (629) (508) (330)
Total operating expenses (44,718) (32,678) (22,610)
RESULT FROM OPERATING ACTIVITIES 24,397 37,371 29,878
Finance income 596 313 0
Finance expenses (8,381) (4,569) (1,971)
Net finance expenses (7,785) (4,256) (1,971)
Share of profit (loss) of equity accounted investees (net of income tax) 0 0 0
PROFIT (LOSS) BEFORE INCOME TAX 16,612 33,115 27,907
Income tax expense (3,183) (987) (2,638)
PROFIT (LOSS) FOR THE PERIOD 13,429 32,128 25,269
Attributable to:      
Owners of the company 13,429 32,128 25,269
Equity-accounted investees      
Shipping income      
Revenue 834 21,750 53,011
Gains on disposal of vessels/other tangible assets 0 3,277 0
Other operating income 10 819 2,212
Total shipping income 844 25,846 55,223
Operating expenses      
Voyage expenses and commissions 0 (959) (3,566)
Vessel operating expenses (835) (5,827) (13,762)
Charter hire expenses 0 510 2,975
Losses on disposal of vessels/other tangible assets 0 0 0
Depreciation tangible assets 0 (3,149) (12,333)
Depreciation intangible assets (Note 9) 0 0 0
General and administrative expenses (31) (129) (363)
Total operating expenses (866) (9,554) (27,049)
RESULT FROM OPERATING ACTIVITIES (22) 16,292 28,174
Finance income 0 (80) (884)
Finance expenses 0 (255) (2,056)
Net finance expenses 0 (335) (2,940)
Share of profit (loss) of equity accounted investees (net of income tax) 22 (17,558) (22,596)
PROFIT (LOSS) BEFORE INCOME TAX 0 (1,601) 2,638
Income tax expense 0 1,601 (2,638)
PROFIT (LOSS) FOR THE PERIOD 0 0 0
Attributable to:      
Owners of the company $ 0 $ 0 $ 0