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CONDENSED CONSOLIDATED CASHFLOW STATEMENT - USD ($)
$ in Millions
 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
CASH FLOW FROM OPERATING ACTIVITIES      
Net profit/(loss) for the period $ (33.1) $ (1.2) $ 2.4
Adjustments:      
Reversal of profit from sale of vessels (0.6) (2.8) (2.8)
Reversal of amortization and depreciation 85.9 86.3 114.5
Reversal of impairment loss on tangible assets 1.3 3.6 3.6
Reversal of share of profit/(loss) from joint ventures (0.2)    
Reversal of financial income (2.9) (2.4) (4.3)
Reversal of financial expenses 29.1 29.9 40.6
Reversal of tax expenses 1.1 0.6 0.8
Reversal of other non-cash movements 1.5 2.7 3.7
Dividends received from joint ventures 0.4    
Interest received and realized exchange gains 2.4 1.7 1.6
Interest paid and realized exchange losses (29.8) (28.6) (36.7)
Income taxes paid (0.5) (0.4) (0.6)
Change in bunkers, receivables and payables, etc. 6.8 (6.6) (13.0)
Net cash flow from operating activities 61.4 82.8 109.8
CASH FLOW FROM INVESTING ACTIVITIES      
Investment in tangible fixed assets (142.9) (129.0) (145.1)
Sale of tangible fixed assets 7.2 31.4 31.4
Net cash flow from investing activities (135.7) (97.6) (113.7)
CASH FLOW FROM FINANCING ACTIVITIES      
Borrowing, mortgage debt 85.7 175.8 175.3
Borrowing, sale and leaseback transactions   30.2 30.2
Repayment, mortgage debt (77.5) (104.9) (125.5)
Repayment, finance lease liabilities (2.1) (16.0) (16.7)
Dividend paid   (1.2) (1.2)
Capital increase (100.0)    
Transaction costs capital increase (2.8)    
Net cash flow from financing activities 103.3 83.9 62.1
Net cash flow from operating, investing and financing activities 29.0 69.1 58.2
Cash and cash equivalents, beginning balance 134.2 76.0 76.0
Cash and cash equivalents, ending balance $ 163.2 $ 145.1 $ 134.2