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BUSINESS COMBINATIONS IN 2015 (Detail Textuals) - USD ($) $ in Millions |  | 12 Months Ended
--- | --- | ---
Jul. 13, 2015 | Dec. 31, 2017 | Dec. 31, 2015
Disclosure of transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [line items] |  |  |
Percentage of voting rights held in subsidiaries |  | 100.00% |
TORM A/S | OCM Njord Holdings S.a.R.L. | Business combinations |  |  |
Disclosure of transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [line items] |  |  |
Ownership percentage | 100.00% |  |
Percentage of voting rights held in subsidiaries | 61.99% |  |
Freight and other receivables acquired | $ 60.0 |  |
Gross contractual amount | 61.9 |  |
Contractual cash flows not to expected to be collected | 1.9 |  |
Revenue | 390.8 |  |
Profit for the period |  |  | $ 88.2
Revenue of combined Group | $ 854.3 |  |
Profit for the period of combined Group |  |  | $ 186.7

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- Definition The best estimate at acquisition date of contractual cash flows not expected to be collected for receivables acquired in business combinations. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2017-01-01 -Paragraph B64 -Subparagraph h -Clause iii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=3&date=2017-03-01&anchor=para_B64_h_iii&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
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- Definition The fair value of receivables acquired in a business combination. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2017-01-01 -Paragraph B64 -Subparagraph h -Clause i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=3&date=2017-03-01&anchor=para_B64_h_i&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
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- Definition The gross contractual amounts receivable for receivables acquired in business combinations. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2017-01-01 -Paragraph B64 -Subparagraph h -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=3&date=2017-03-01&anchor=para_B64_h_ii&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
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- Definition The percentage of voting equity interests acquired in a business combination. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2017-01-01 -Paragraph B64 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=3&date=2017-03-01&anchor=para_B64_c&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
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