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STAFF COSTS - Narrative (Details)
12 Months Ended 108 Months Ended
Sep. 23, 2025
USD ($)
equityInstrument
$ / shares
Mar. 06, 2025
USD ($)
equityInstrument
$ / shares
Mar. 06, 2025
kr / shares
Mar. 07, 2024
USD ($)
equityInstrument
Mar. 07, 2024
kr / shares
Mar. 29, 2023
USD ($)
equityInstrument
$ / shares
Mar. 29, 2023
kr / shares
Dec. 31, 2025
USD ($)
employee
equityInstrument
shares
$ / shares
Dec. 31, 2025
USD ($)
employee
kr / shares
Dec. 31, 2024
USD ($)
employee
shares
equityInstrument
Dec. 31, 2024
employee
kr / shares
Dec. 31, 2023
USD ($)
employee
equityInstrument
shares
Dec. 31, 2023
employee
kr / shares
Dec. 31, 2016
Dec. 31, 2025
USD ($)
employee
Total staff costs                              
Number of seafarers for which staff costs included in operating expenses | employee               105   109   105      
Number of seafarers | employee               3,804 3,804 3,677 3,677 3,271 3,271   3,804
Number of seafarers on short term contracts | employee               1,753   1,721   1,625      
Staff costs               $ 97,300,000   $ 86,900,000   $ 77,900,000      
Share-based compensation               34,100,000   $ 30,300,000   $ 23,000,000.0      
Ordinary                              
Total staff costs                              
Consideration in exchange for forfeiture of options for leavers other than good leavers               0 $ 0           $ 0
Consideration in exchange for granting of options               0 $ 0           $ 0
Dividend rights, share options               $ 0              
Granted during the period (in shares) | shares               4,597,600   1,506,400   3,136,600      
Number of shares, option to buy per RSU (in shares) | shares               1              
Ordinary | Chief Executive Officer                              
Total staff costs                              
Vesting period of other equity instruments granted                             3 years
Ordinary | Jacob Meldgaard                              
Total staff costs                              
Granted during the period (in shares) | equityInstrument   255,200   255,200   255,200                  
Exercise price per RSU (in DKK/USD per share) | kr / shares     kr 162.38   kr 258.40   kr 220.60                
RSU grant value assuming 100% vesting   $ 700,000   $ 1,900,000   $ 2,500,000                  
Retention | Chief Executive Officer                              
Total staff costs                              
Exercise price per RSU (in DKK/USD per share) | $ / shares           $ 1   $ 1              
Retention | Jacob Meldgaard                              
Total staff costs                              
Granted during the period (in shares) | equityInstrument 500,000 500,000       300,000                  
Exercise price per RSU (in DKK/USD per share) | $ / shares $ 0.01         $ 0.01                  
Exercise price per share of retained other equity instruments (in USD per share) | $ / shares   $ 0.01       $ 0.01                  
RSU grant value assuming 100% vesting $ 9,100,000         $ 10,700,000                  
Senior Management Team                              
Total staff costs                              
Number of members of senior management team excluding CEO | employee               3 3 3 3 3 3   3
Aggregate compensation paid               $ 10,500,000   $ 9,500,000   $ 7,500,000      
Aggregate compensation paid for pensions               200,000   100,000   100,000      
Share-based compensation               $ 8,200,000   $ 7,500,000   $ 6,000,000.0      
Chief Executive Officer | RSU grant in 2016                              
Total staff costs                              
Exercise period of RSUs                           360 days  
Chief Executive Officer | RSU grant in 2023                              
Total staff costs                              
Vesting period of other equity instruments granted           3 years                  
Exercise period of RSUs           360 days                  
Exercise price per RSU (in DKK/USD per share) | kr / shares             kr 220.6                
Average strike price term           90 days                  
Percentage of premium on average price to determine exercise price           15.00%                  
Chief Executive Officer | RSU grant in 2024                              
Total staff costs                              
Vesting period of other equity instruments granted       3 years                      
Exercise period of RSUs       360 days                      
Exercise price per RSU (in DKK/USD per share) | kr / shares         kr 258.4                    
Average strike price term       90 days                      
Percentage of premium on average price to determine exercise price       15.00%                      
Chief Executive Officer | RSU grant in 2025                              
Total staff costs                              
Vesting period of other equity instruments granted   3 years                          
Exercise period of RSUs   360 days                          
Exercise price per RSU (in DKK/USD per share) | kr / shares     kr 162.4                        
Average strike price term   90 days                          
Percentage of premium on average price to determine exercise price   15.00%                          
Other Management | RSU grant in 2023                              
Total staff costs                              
Exercise period of RSUs           360 days                  
Granted during the period (in shares) | equityInstrument                       1,248,153      
Vesting requirements                       3 years      
Exercise price of RSUs (in DKK per share) | kr / shares                         kr 220.6    
RSU grant value assuming 100% vesting                       $ 10,800,000      
Average remaining contractual life               0 years   1 year   1 year 6 months      
Other Management | Retention                              
Total staff costs                              
Granted during the period (in shares) | equityInstrument           1,333,222   1,293,434              
RSU grant value assuming 100% vesting               $ 18,700,000              
RSU grant value of other equity instruments retained           $ 40,400,000                  
Other Management | RSU grant in 2024                              
Total staff costs                              
Exercise period of RSUs                   360 days          
Granted during the period (in shares) | equityInstrument                   1,214,986          
Vesting requirements                   3 years          
Exercise price of RSUs (in DKK per share) | kr / shares                     kr 258.4        
RSU grant value assuming 100% vesting                   $ 8,100,000          
Average remaining contractual life               1 year   1 year 6 months          
Other Management | RSU grant in 2025                              
Total staff costs                              
Exercise period of RSUs               360 days              
Granted during the period (in shares) | equityInstrument               1,326,087              
Vesting requirements               3 years              
Exercise price of RSUs (in DKK per share) | kr / shares                 $ 162.38            
RSU grant value assuming 100% vesting               $ 3,300,000              
Average remaining contractual life               1 year 6 months              
Operating expenses                              
Total staff costs                              
Total seafarers costs included in operating expenses               $ 148,700,000   $ 141,400,000   $ 127,100,000      
Total wages for seafarers on short term contracts               138,800,000   131,800,000   118,500,000      
Staff costs               $ 9,900,000   $ 9,600,000   $ 8,600,000