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v3.25.1

Cash and cash equivalents | 12 Months Ended
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Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract] |
Cash and cash equivalents | Cash and cash equivalents
(in thousands of USD) |  | December 31, 2024 |  | December 31, 2023
Bank deposits |  | — |  |  | 182,500 |
Cash at bank and in hand |  | 38,869 |  |  | 246,870 |
Total |  | 38,869 |  |  | 429,370 |
No bank deposits were held at December 31, 2024. Four bank deposits were held at December 31, 2023 in connection with the sale of the vessels to Frontline. All four deposits have been fully repaid during January and February, 2024. All cash is in different banks which all have a high credit rating.

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