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Related party transactions

12 Months Ended

Dec. 31, 2025

Related party transactions

Related party transactions

20.Related party transactions

In addition to the information disclosed elsewhere in the notes to consolidated financial statements, the following transactions took place between the Group and related parties during the financial year at terms agreed between the parties:

(a) Services

​

​	​	​	​	​	​	​
​	​ ​ ​	2025	​ ​ ​	2024	​ ​ ​	2023
​	​	US$’000	​	US$’000	​	US$’000
Corporate service fees charged by related parties		8,692		6,887		6,615
Ship management fees charged by a related party		533		808		1,272

​

(b) Key management’s remuneration

​

​	​	​	​	​	​	​
​	​ ​ ​	2025	​ ​ ​	2024	​ ​ ​	2023
​	​	US$’000	​	US$’000	​	US$’000
Salaries and other short-term employee benefits		3,776		3,500		3,333
Post-employment benefits – contributions to defined contribution plans and share-based payment		1,848		1,692		1,859
Directors’ fees		555		585		376
​		6,179		5,777		5,568

​

(c) Others

​

​	​	​	​	​	​	​
​	​ ​ ​	2025	​ ​ ​	2024	​ ​ ​	2023
​		US$’000		US$’000		US$’000
Interest expense charged by a related party		801		769		—
​		801		769		—

​

X

- Definition

The entire disclosure for related parties.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 24
-IssueDate 2025-01-01
-Section Disclosures
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-URIDate 2025-03-27

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- References

No definition available.

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