XML 636 R93.htm IDEA: XBRL DOCUMENT v3.25.1
Income tax benefit (expense) - Effective income tax rate reconciliation (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]      
Profit (loss) before tax $ 872,722 $ 864,036 $ 206,055
Tax at domestic rate (218,181) (216,009) (51,514)
Losses not subject to tax (2,879) 0 0
Tax exempt profit / loss (502) (4,535) 2,642
Tax adjustments for previous years 1,979 7 57
Loss for which no DTA has been recognized 28,686 7,586 4,481
Non-deductible expenses (7,605) (1,602) (315)
Use of previously unrecognized tax losses and tax credits 0 5,283 4,431
Effect of Tonnage Tax regime 185,784 195,768 40,670
Effect of share of profit of equity-accounted investees 94 (5) 4,389
Effects of tax regimes in foreign jurisdictions 10,731 7,498 (7,645)
Total tax benefit/(expense) $ (1,893) $ (6,009) $ (2,804)
Reconciliation of average effective tax rate and applicable tax rate [abstract]      
Tax at domestic rate (as a percent) (25.00%) (25.00%) (25.00%)
Total taxes (as a percent) (0.22%) (0.70%) (1.36%)