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PREPAYMENTS

12 Months Ended

Dec. 31, 2025

Current prepayments and current accrued income including current contract assets [abstract]

Prepayments

NOTE 16 – PREPAYMENTS

USDm		2025		2024		2023
Prepaid operating expenses		1.9		1.7		1.2
Prepaid bareboat hire		0.2		2.8		0.8
Prepaid customer contract assets		1.6		2.4		2.5
Vessel lease extinguishment prepayment		29.1		—		—
Other prepayments		6.3		5.3		10.7
Balance as of December 31		39.1		12.2		15.2

X

- References

No definition available.

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X

- Definition

The disclosure of prepayments and other assets. [Refer: Other assets; Prepayments]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Note Expiry date 2027-01-01
-Name IAS
-Number 1
-IssueDate 2025-01-01
-Paragraph 10
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-URIDate 2025-03-27

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