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CONSOLIDATED STATEMENT OF CASHFLOWS - Reconciliation - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Non-cash financing items      
Issue of new shares   $ 332,615  
Borrowings      
Reconciliation of liabilities arising from financing activities      
Beginning balance $ 942,008 412,349 $ 478,373
Cash changes:      
Proceeds from bank borrowings and trust receipts 2,803,694 2,718,704 1,093,080
Principal and interest (payments)/receipts (2,947,813) (2,339,122) (1,188,352)
Cash changes (144,119) 379,582 (95,272)
Non-cash changes:      
Interest expense/(income) 55,214 20,967 29,248
Acquisition of vessels [1]   129,110  
Non-cash changes 55,214 150,077 29,248
Ending balance 853,103 942,008 412,349
Lease liabilities      
Reconciliation of liabilities arising from financing activities      
Beginning balance 231,288 157,839 227,483
Cash changes:      
Principal and interest (payments)/receipts (104,984) (107,238) (100,610)
Cash changes (104,984) (107,238) (100,610)
Non-cash changes:      
Interest expense/(income) 3,154 4,474 7,098
Additions to lease liabilities 59,634 68,177 16,095
Lease remeasurement 86,266 108,036 49,625
Derecognition of lease liabilities (138,219)   (41,852)
Non-cash changes 10,835 180,687 30,966
Ending balance 137,139 231,288 157,839
Interest rate swaps      
Reconciliation of liabilities arising from financing activities      
Beginning balance [2] 569 679  
Cash changes:      
Principal and interest (payments)/receipts [2] 3,574 5,592 9,042
Cash changes [2] 3,574 5,592 9,042
Non-cash changes:      
Interest expense/(income) [2] (5,322) (5,592) (9,042)
Changes in fair value of interest rate swaps [2] 1,485 (110) 679
Non-cash changes [2] (3,837) (5,702) (8,363)
Ending balance [2] $ 306 $ 569 $ 679
[1] Acquisition of vessels includes non-cash transaction of US$332.6 million relating to the issuance of the Company’s equity shares to the seller.
[2] Interest rate swaps are hedged against certain portions of bank borrowings.