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Cash and cash equivalents
12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Cash and cash equivalents Cash and cash equivalents
(in thousands of USD)December 31, 2024December 31, 2023
Bank deposits— 182,500 
Cash at bank and in hand38,869 246,870 
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.