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GUARANTEE COMMITMENTS AND CONTINGENT LIABILITIES (Detail Textuals) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Guarantee Commitments And Contingent Liabilities [Abstract]      
Guarantee commitments of the Group to Danish Shipowners' Association $ 0.1 $ 0.1 $ 0.1