2023
Finance Lease, Liability, Payments, Due Year Four
Total equity
Balance at beginning of year
Balance at end of year
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Fair Value, Inputs, Level 3 [Member]
Fair Value, Inputs, Level 3 [Member]
Entity Addresses, Address Type [Axis]
Entity Addresses, Address Type [Axis]
Finance leases and Operating leases
Lessee, Leases [Policy Text Block]
2023
Long-term Debt, Maturities, Repayments of Principal in Year Four
Contract with customer, liability, revenue recognized
Contract with Customer, Liability, Revenue Recognized
Panamax, Capital Lease [Domain]
Panamax, Capital Lease [Domain]
[Domain] for Panamax, Capital Lease [Axis]
Funding received to finance scrubber investment, per vessel
Funding Received To Finance Scrubber Investment, Per Vessel
Funding Received To Finance Scrubber Investment, Per Vessel
Losses from uncollectable receivables
Losses from uncollectable receivables [Policy Text Block]
Disclosure for accounting policy in relation to losses from uncollectable receivables [Policy Text Block]
Newcastlemax Vessels [Member]
Newcastlemax Vessels [Member]
Newcastlemax Vessels [Member]
Asset Class [Axis]
Asset Class [Axis]
Property, Plant and Equipment, Type [Axis]
Property, Plant and Equipment, Type [Axis]
Commercial management fee revenue, rate 2
Commercial Management Fee Revenue, Rate 2
Commercial Management Fee Revenue, Rate 2
Treasury shares held (in shares)
Treasury Stock, Shares
Management Fee to be Paid Per Annum
Technical Management Fees Expenses
Expenses in relation to vessel technical management services per vessel
Convertible Bond Fair Value Price Upon Merger
Convertible Bond Fair Value Price Upon Merger
Convertible Bond Fair Value Price Upon Merger
Proceeds from sale of marketable securities
Proceeds from Sale and Maturity of Marketable Securities and Compensation Agreements
Proceeds from Sale and Maturity of Marketable Securities and Compensation Agreements
Term Loan Facility of $73.4 Million [Member]
Term Loan Facility of $73.4 Million [Member]
Term Loan Facility of $73.4 Million [Member]
Number of owned vessels
Number of owned vessels
Total number of vessels owned in the Companies fleet
United Freight Carriers [Member]
United Freight Carriers [Member]
United Freight Carriers [Member]
2020
Finance Lease, Liability, Payments, Due Next Twelve Months
Current Fiscal Year End Date
Current Fiscal Year End Date
Net proceeds from share issuance
Proceeds from Issuance of Common Stock
Revenues
Total
Revenues
Derivative [Line Items]
Derivative [Line Items]
gain/loss on sale of assets and deferred gains [Table]
gain/loss on sale of assets and deferred gains [Table]
Full disclosure of gain/(loss) on sale of assets and deferred gains by the company throughout the period [Table]
Reported Value Measurement [Member]
Reported Value Measurement [Member]
Exercisable (in dollars per share)
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercisable, Weighted Average Grant Date Fair Value
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercisable, Weighted Average Grant Date Fair Value
Interest income (expense)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Interest Income (Expense)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Interest Income (Expense)
Short-term Debt, Type [Domain]
Short-term Debt, Type [Domain]
Shares issued
Stock Issued During Period, Value, New Issues
Charterhire expense and Contingent rental expense (income)
Revenue Recognition Leases, Operating [Policy Text Block]
Payables and Accruals [Abstract]
Payables and Accruals [Abstract]
Gain sale of vessel
Equity Method Investment, Summarized Financial Information, Gain (Loss) On Sale Of Vessel
Equity Method Investment, Summarized Financial Information, Gain (Loss) On Sale Of Vessel
Deferred charges
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net
Less: imputed interest
Finance Lease, Liability, Undiscounted Excess Amount
Vessels and equipment, net, beginning period
Vessels and equipment, net, ending period
Property, Plant and Equipment, Net
Daily time charter rate extension
Daily Time Charter Rate, Extension
The daily time charter rate applicable during the extension period of the term of the charter. The extension period is the number of years of the right of the Owner to extent the charter term, in case the purchase option is not exercised by the Charterer upon maturity of the original charter term.
GAIN (LOSS) ON SALE OF ASSETS AND AMORTIZATION OF DEFERRED GAINS
gain/(loss) on sale of asset and deferred gains [Text Block]
gain/(loss) on sale of asset and deferred gains [Text Block]
Amortization of other fair value adjustments, net, arising on the Merger
Amortization of other fair value adjustments, net, arising on the Merger
Amortization of other fair value adjustments, net, arising on the Merger
London Interbank Offered Rate (LIBOR) [Member]
London Interbank Offered Rate (LIBOR) [Member]
Other Comprehensive Income [Member]
AOCI Attributable to Parent [Member]
Variable interest rate
Debt Instrument, Basis Spread on Variable Rate
Gain (loss) on sale of assets and deferred gains
gain/loss on sale of assets and deferred gains [Table Text Block]
[Table Text Block] for Full disclosure of gain/(loss) on sale of assets and deferred gains by the company throughout the period [Table]
Cover page.
Options Outstanding and Exercisable, Weighted Average Remaining Contractual Life
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term
Document Type
Document Type
Historical cost
Sale Leaseback Transaction, Historical Cost
Weighted average interest rate
Debt, Weighted Average Interest Rate
Repayment of long-term debt
Repayments of Long-term Debt
Schedule Of Right Of Use Assets [Roll Forward]
Schedule Of Right Of Use Assets [Roll Forward]
Schedule Of Right Of Use Assets [Roll Forward]
Scenario, Unspecified [Domain]
Scenario [Domain]
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Payment Arrangement [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Additions
Property, Plant and Equipment, Additions
Current liabilities
Liabilities, Current [Abstract]
Property, Plant and Equipment, Type [Domain]
Property, Plant and Equipment, Type [Domain]
Movement In Debt Balance [Roll Forward]
Movement In Debt Balance [Roll Forward]
Movement In Debt Balance [Roll Forward]
Entity Address, Country
Entity Address, Country
Inventories
Inventory, Policy [Policy Text Block]
Other Related Party [Member]
Other Related Party [Member]
Other Related Party
Equity [Abstract]
Equity [Abstract]
Commitments and contingencies
Commitments and Contingencies
Days freight paid after completion of loading
Revenue From Contract With Customer, Freight Paid Period After Completion Of Loading
Revenue From Contract With Customer, Freight Paid Period After Completion Of Loading
Cash, cash equivalents and restricted cash at beginning of year
Total cash, cash equivalents and restricted cash shown in the statement of cash flows
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Deferred gain (loss) on vessel disposal [Domain]
Deferred gain (loss) on vessel disposal [Domain]
[Domain] for Deferred gain (loss) on vessel disposal [Axis]
Convertible bond loss on extinguishment
Gain (Loss) on Extinguishment of Debt
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Number of crude oil carriers
Number Of Crude Oil Carriers
Number Of Crude Oil Carriers
Term loan facility, amount available, undrawn
Debt Instrument, Unused Borrowing Capacity, Amount
Long-term liabilities
Equity Method Investment, Summarized Financial Information, Noncurrent Liabilities
Asset Class [Domain]
Asset Class [Domain]
Interest Rate Swap 3 [Member]
Interest Rate Swap 3 [Member]
Interest Rate Swap 3 [Member]
Lease term
Sale Leaseback Transaction, Lease Term
The term for which the lessee leases the sold property from the lessor
Standard payment terms, percent
Revenue From Contract With Customer, Standard Payment Terms, Percent
Revenue From Contract With Customer, Standard Payment Terms, Percent
Vesting period
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period
Lessee, Lease, Description [Line Items]
Lessee, Lease, Description [Line Items]
Restricted cash
Short term restricted cash
Restricted Cash, Current
Increase (Decrease) In Share Capital, Shares Issued [Roll Forward]
Increase (Decrease) In Share Capital, Shares Issued [Roll Forward]
Increase (Decrease) In Share Capital, Shares Issued
Treasury Stock [Member]
Treasury Stock [Member]
2021
Lessor, Operating Lease, Payments to be Received, Two Years
Vessels and Equipment
Vessels and Equipment [Member]
Vessels and Equipment [Member]
Number of newbuildings under constructuion
Number Of Newbuildings Under Construction
Number Of Newbuildings Under Construction
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Secured Debt [Member]
Secured Debt [Member]
Other receivables
Other Receivables
Net operating income (loss)
Operating Income (Loss)
Fair Value, Measurement Frequency [Domain]
Measurement Frequency [Domain]
Adjustments for New Accounting Pronouncements [Axis]
Adjustments for New Accounting Pronouncements [Axis]
Scrubber installation costs
Scrubber Installation Costs
Scrubber Installation Costs
Disaggregation of Revenue
Disaggregation of Revenue [Table Text Block]
Capesize Chartering Ltd [Member]
Capesize Chartering Ltd [Member]
Capesize Chartering Ltd [Member]
Options Outstanding and Unvested, Weighted average exercise price (in dollars per share)
Options outstanding at beginning of period (in dollars per share)
Options outstanding at end of period (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price
Comprehensive income, net
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Stock option expense
APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Accrued expenses
Schedule of Accrued Liabilities [Table Text Block]
2020
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Panamax Vessel [Member]
Panamax Vessel [Member]
Panamax Vessel [Member]
Weighted Average Exercise Price
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Changes in operating assets and liabilities, net:
Increase (Decrease) in Operating Capital [Abstract]
Net income (loss) before income taxes
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
Business Contact [Member]
Business Contact [Member]
Number of facilities
Line Of Credit Facility, Number Of Facilities
Line Of Credit Facility, Number Of Facilities
Lease Arrangement, Type [Axis]
Lease Arrangement, Type [Axis]
Major Customers [Axis]
Customer [Axis]
Interest expense
Interest Expense
Plan Name [Domain]
Plan Name [Domain]
Use of estimates
Use of Estimates, Policy [Policy Text Block]
Revenue from External Customers by Market [Table]
Revenue from External Customers by Products and Services [Table]
Number of vessels sold and leased back
Number Of Vessels Sold And Leased Back
The number of vessels sold and leased back during the period
Local Phone Number
Local Phone Number
Expected volatility
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate
Accrued expenses
Increase (Decrease) in Accrued Liabilities
Cash consideration
Proceeds from sale of vessels
Proceeds from Sale of Productive Assets
Operating lease, expense
Operating Lease, Expense
Finance Lease, Liability, Payment, Due [Abstract]
Finance Lease, Liability, Payment, Due [Abstract]
Net other income (expenses)
Nonoperating Income (Expense)
Aggregate maturity period
Derivative, Average Remaining Maturity
Minimum cash requirement
Debt Instrument, Covenant Compliance, Minimum Cash Requirement
Debt Instrument, Covenant Compliance, Minimum Cash Requirement
Forfeited (in dollars per share)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price
Other current liabilities
Other Sundry Liabilities, Current
Comprehensive income, net
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Exercised (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period
Derivatives
Derivatives, Policy [Policy Text Block]
Total current assets
Assets, Current
Dividends from associated companies
Equity Method Investment, Dividends
Equity Method Investment, Dividends
Non-current portion of finance lease obligations
Capital Lease Obligations, Noncurrent
2021
Favorable Charter Party Contracts, Amortization, in Two Years
Amortization of Favorable Charter Party Contracts within the second year from the balance sheet date
Net change in cash, cash equivalents and restricted cash
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Long-term liabilities
Liabilities, Noncurrent [Abstract]
Net (loss) income
Equity Method Investment, Summarized Financial Information, Net Income (Loss)
Net income (loss)
Net income (loss)
Net Income (Loss) Attributable to Parent
Liabilities
Liabilities, Fair Value Disclosure [Abstract]
Current assets
Assets, Current [Abstract]
Seateam Management Pte Ltd [Member]
Seateam Management Pte Ltd [Member]
Seateam Management Pte Ltd [Member]
Income taxes paid
Income Taxes Paid
Leases [Abstract]
Leases [Abstract]
Debt Instrument [Axis]
Debt Instrument [Axis]
Restricted cash
Long term restricted cash
Restricted Cash, Noncurrent
Balance at start of year
Balance at end of year
Equity Securities, FV-NI
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
DERIVATIVE INSTRUMENTS PAYABLE AND RECEIVABLE
Derivatives and Fair Value [Text Block]
Business acquisition, percentage of voting interests acquired
Business Acquisition, Percentage of Voting Interests Acquired
Interest Rate Swap 7 [Member]
Interest Rate Swap 7 [Member]
Interest Rate Swap 7 [Member]
Adjusted profile term
Line Of Credit Facility, Adjusted Profile Term
Line Of Credit Facility, Adjusted Profile Term
Office Leases
Office Leases [Member]
Office Leases [Member]
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
Scrubber installation repayment period
Scrubber Installation Finance Costs, Repayment Period
Scrubber Installation Finance Costs, Repayment Period
Scenario [Axis]
Scenario [Axis]
Golden Opus Inc. [Member]
Golden Opus Inc. [Member]
Golden Opus Inc. [Member]
Currency Swap [Member]
Currency Swap [Member]
Business background [Table]
Business background [Table]
Business background [Table]
Consideration, cash portion
Asset Purchase, Consideration Transferred, Cash Portion
Asset Purchase, Consideration Transferred, Cash Portion
Share based compensation cost
Share-based Payment Arrangement, Expense
Related Party Transaction [Domain]
Related Party Transaction [Domain]
Thereafter
Lessee, Operating Lease, Liability, Payments, Due after Year Five
MV Admiral Schmidt And Vitus Bering [Member]
MV Admiral Schmidt And Vitus Bering [Member]
MV Admiral Schmidt And Vitus Bering
Entity Address, City or Town
Entity Address, City or Town
Document Annual Report
Document Annual Report
Derivative Instruments, Gain (Loss)
Derivative Instruments, Gain (Loss) [Table Text Block]
Current portion of long-term debt
Less: current portion
Long-term Debt, Current Maturities
Non-current portion of operating lease obligations
Operating Lease, Liability, Noncurrent
Operating expenses
Operating Expenses [Abstract]
Portion at Fair Value Measurement [Member]
Portion at Fair Value Measurement [Member]
Frontline Ltd [Member]
Frontline Ltd [Member]
Frontline Ltd [Member]
Deferred gain on sale and leaseback
Sale Leaseback Transaction, Deferred Gain, Gross, Current
Sale Leaseback Transaction, Deferred Gain, Gross, Current
Capitalized fulfillment costs
Capitalized Fulfillment Costs
Capitalized Fulfillment Costs
Thereafter
Operating Leases, Future Minimum Payments, Due Thereafter
Claims receivables
Contracts Receivable, Claims and Uncertain Amounts
Fair Value, by Balance Sheet Grouping
Fair Value, by Balance Sheet Grouping [Table Text Block]
Derivative liabilities
Derivative Liability
Contractual charter term, period 2
Charter Term, Contractual, Period 2
The contractual number of years for which the charter agreement is enforceable under a specified daily time charter rate for a specified period during the contractual charter term.
gain/loss on sale of assets and deferred gains [Line Items]
gain/loss on sale of assets and deferred gains [Line Items]
[Line Items] for Full disclosure of gain/(loss) on sale of assets and deferred gains by the company throughout the period [Table]
SUBSEQUENT EVENTS
Subsequent Events [Text Block]
Contractual charter term, period 1
Charter Term, Contractual, Period 1
The contractual number of years for which the charter agreement is enforceable under a specified daily time charter rate for a specified period during the contractual charter term.
Schedule of Debt
Schedule of Debt [Table Text Block]
Fair Value, Measurements, Recurring [Member]
Fair Value, Recurring [Member]
Distributions to shareholders
Dividends, Common Stock, Cash
Class of Stock [Line Items]
Class of Stock [Line Items]
Schedule of Equity Method Investments [Table]
Schedule of Equity Method Investments [Table]
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Amortization of charter party-out contracts
Amortization charge
Favorable Charter Party Contracts, Amortization
Amortization of the sum of the carrying amount of all favorable charter party contracts for the period. The favorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the excess in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
RELATED PARTY TRANSACTIONS
Related Party Transactions Disclosure [Text Block]
Operating lease, payments
Operating Lease, Payments
Repurchases of shares
Stock Repurchased During Period, Value
Treasury shares
Treasury Stock, Common, Value
Property, Plant and Equipment [Table]
Property, Plant and Equipment [Table]
Daily time charter rate, period 1
Daily Time Charter Rate, Period 1
The daily time charter rate applicable during a specified period of the term of the charter.
Daily time charter rate, period 2
Daily Time Charter Rate, Period 2
The daily time charter rate applicable during a specified period of the term of the charter.
Amortization of deferred charges
Amortization of Debt Issuance Costs
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Term Loan Facility of $33.9 Million [Member]
Term Loan Facility of $33.9 Million [Member]
Term Loan Facility of $33.9 Million [Member]
IMPAIRMENT OF VESSELS
Asset Impairment Charges [Text Block]
2024
Finance Lease, Liability, Payments, Due Year Five
Distributions to shareholders
Payments of Dividends
Panamax Vessels [Domain]
Panamax Vessels [Domain]
Panamax Vessels [Domain]
Number of Vessels Under Commercial Management
Number of Vessels Under Commercial Management
Number of Vessels Under Commercial Management
Deferred charter revenue
Contract with Customer, Liability
All Currencies [Domain]
All Currencies [Domain]
Repayment of finance leases
Repayments of Long-term Capital Lease Obligations
Investing activities
Net Cash Provided by (Used in) Investing Activities [Abstract]
Related Party [Domain]
Related Party [Domain]
Options Outstanding and Unvested, Weighted Average Remaining Contractual Life
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term
Recourse Debt [Member]
Recourse Debt [Member]
Recourse Debt [Member]
Name of Major Customer 1 [Member]
Name of Major Customer 1 [Member]
Name of Major Customer which accounts for 10% or more of revenue
Antidilutive Securities, Name [Domain]
Antidilutive Securities, Name [Domain]
Accumulated deficit
Retained Earnings (Accumulated Deficit)
Term Loan Facility $93.75 Million [Member]
$93.75M Term Loan Facility [Member]
$93.75M Term Loan Facility
Share repurchases
Payments for Repurchase of Common Stock
Distribution of treasury shares (in shares)
Shares distribution (in shares)
Stock Issued During Period, Shares, Treasury Stock Reissued
Document Information [Line Items]
Document Information [Line Items]
Other Receivables [Abstract]
Other Receivables [Abstract]
Other Receivables [Abstract]
Impact of modification of operating leases
Increase (Decrease) In Right-Of-Use Asset, Operating Lease, Reclassification Of Lease Type
Increase (Decrease) In Right-Of-Use Asset, Operating Lease, Reclassification Of Lease Type
Consideration shares issued per vessel (in shares)
Asset Purchase, Consideration Transferred, Equity Interests Issued, Shares, Per Vessel
Asset Purchase, Consideration Transferred, Equity Interests Issued, Shares, Per Vessel
OTHER CURRENT ASSETS
Other Receivables [Text Block]
Other Receivables [Text Block]
Equity
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Trading Symbol
Trading Symbol
Minimum [Member]
Minimum [Member]
Debt assumed
Asset Purchase, Consideration Transferred, Liabilities Incurred
Asset Purchase, Consideration Transferred, Liabilities Incurred
Dividends received from marketable equity securities
Proceeds from Equity Method Investment, Distribution, Return of Capital
Quintana Shipping Ltd [Domain]
Quintana Shipping Ltd [Domain]
Quintana Shipping Ltd [Domain]
Additions
Operating Lease, Liability, Additions
Operating Lease, Liability, Additions
Shareholder Loan [Member]
Shareholder Loan [Member]
Shareholder Loan
Charter hire expenses
Charter Hire Expenses
Rental expense related to hire of vessels under operating leases contracts.
Restricted cash
Restricted cash and investments, Fair Value Disclosure
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. This item includes restricted cash and investments which are restricted as to withdrawal or usage.
Opening balance
Total
Total
Favorable Charter Party Contracts, Total
The sum of the carrying amount of all favorable charter party contracts, as of the balance sheet date, net of accumulated depreciation and impairment charges. The favorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the excess in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Term Loan Facility of $82.5 Million [Member]
Term Loan Facility of $82.5 Million [Member]
Term Loan Facility of $82.5 Million [Member]
Schedule of amortization of favorable charter party contracts
Schedule of amortization of favorable charter party contracts [Table Text Block]
Schedule of amortization of favorable charter party contracts [Table Text Block]
Additions
Right-Of-Use Asset, Additions
Right-Of-Use Asset, Additions
Non-current portion of finance lease obligations
Non-current portion
Finance Lease, Liability, Noncurrent
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Dividends received from associated companies
Distributions received from associated companies
Proceeds from Equity Method Investment, Distribution
Interest Rate Swap 8 [Member]
Interest Rate Swap 8 [Member]
Interest Rate Swap 8 [Member]
2022
Operating Leases, Future Minimum Payments, Due in Four Years
Net cash provided by (used in) financing activities
Net Cash Provided by (Used in) Financing Activities
Other current liabilities
Increase (Decrease) in Other Current Liabilities
Allowance for doubtful accounts
Allowance for Doubtful Other Receivables, Current
Income tax expense
Income Tax Expense (Benefit)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Stockholders' equity
Equity Method Investment Summarized Financial Information, Equity
Vesting [Axis]
Vesting [Axis]
2021
Lessee, Operating Lease, Liability, Payments, Due Year Two
Revenue from Contract with Customer [Abstract]
Other long term liabilities
Total other long term liabilities
Other Liabilities, Noncurrent
City Area Code
City Area Code
Common Stock, value, authorized
Common Stock, Par or Stated Value
The total face amount or stated value of the authorised common stock.
Title of 12(b) Security
Title of 12(b) Security
Debt refinance extension term
Debt Instrument, Extended Maturity, Period
Debt Instrument, Extended Maturity, Period
Term Loan Facilities Of 93.75 Million And 131.79 Million [Member]
Term Loan Facilities Of 93.75 Million And 131.79 Million [Member]
Term Loan Facilities Of 93.75 Million And 131.79 Million
VESSELS UNDER FINANCE LEASE, NET
Lessee, Finance Leases [Text Block]
Hemen Holdings Ltd [Member]
Hemen Holdings Ltd [Member]
Hemen Holdings Ltd [Member]
SHARE CAPITAL, TREASURY SHARES AND DIVIDENDS
Share Capital [Text Block]
Share Capital [Text Block]
Deferred tax asset
Deferred Income Tax Assets, Net
Deferred gain on sale and leaseback
Sale Leaseback Transaction, Deferred Gain, Gross, Noncurrent
Sale Leaseback Transaction, Deferred Gain, Gross, Noncurrent
Singapore Marine [Member]
Singapore Marine [Member]
Singapore Marine
CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Cash and Cash Equivalents Disclosure [Text Block]
Long-term debt
Long term debt, beginning balance
Long term debt, ending balance
Long-term Debt, Gross
ASSETS
Assets [Abstract]
Operating lease, weighted average remaining lease term
Operating Lease, Weighted Average Remaining Lease Term
Frontline Management (Bermuda) Ltd [Member]
Frontline Management (Bermuda) Ltd [Member]
Frontline Management (Bermuda) Ltd [Member]
Loan draw downs
Proceeds from Issuance of Debt
Change In Right-Of-Use Finance Lease Assets [Roll Forward]
Change In Right-Of-Use Finance Lease Assets [Roll Forward]
Change In Right-Of-Use Finance Lease Assets [Roll Forward]
Less: current portion
Unfavorable charter party-in contracts
Unfavorable Charter Party Contracts, Current
Current portion of the sum of the carrying amount of all unfavorable charter party contracts, as of the balance sheet date, net of accumulated depreciation and impairment charges. The unfavorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the shortfall in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Loan drawdowns
Loan drawdowns
Loan drawdowns
ORGANIZATION AND BUSINESS
Nature of Operations [Text Block]
Number of vessels chartered-In
Number of Vessels Chartered-In
Number of Vessels Chartered-In
Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Axis]
Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Axis]
Forward Freight Agreements [Member]
Forward Freight Agreements [Member]
Forward Freight Agreements [Member]
Adjusted daily time charter rate, period 1
Daily Time Charter Rate, Period 1, Adjusted
The adjusted daily time charter rate applicable during a specified period of the term of the charter. The adjustment to the daily rates relates to deviation of the 3M USD LIBOR to a pre-agreed contractual base 3M USD LIBOR
Entity Well-known Seasoned Issuer
Entity Well-known Seasoned Issuer
Derivative instruments receivables
Derivative Instruments and Hedges, Assets
Measurement Basis [Axis]
Measurement Basis [Axis]
Lease
Lease Income
Available-for-sale Securities [Roll Forward]
Available-for-sale Securities [Roll Forward]
Available-for-sale Securities [Roll Forward]
Name of Major Customer [Domain]
Customer [Domain]
Minimum lease payments
Finance Lease, Liability, Payment, Due
Scrubbers [Member]
Scrubbers [Member]
Scrubbers
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Schedule of cash, cash equivalents and restricted cash
Schedule of Cash and Cash Equivalents [Table Text Block]
Increase (decrease) in Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net amounts charged by related party
Related Party Transaction, Expenses from Transactions with Related Party
Range [Axis]
Statistical Measurement [Axis]
Supplemental disclosure of cash flow information:
Supplemental Cash Flow Information [Abstract]
Other
Equity Method Investment, Summarized Financial Investments, Other
Equity Method Investment, Summarized Financial Investments, Other
Net operating (loss) income
Equity Method Investment, Summarized Financial Information, Operating Income (Loss)
Equity Method Investment, Summarized Financial Information, Operating Income (Loss)
Panamax Vessels [Member]
Panamax Vessels [Member]
Panamax [Member]
Basis of presentation
Basis of Accounting, Policy [Policy Text Block]
Lessee, operating lease, number of contract
Lessee, Operating Lease, Number Of Contracts
Lessee, Operating Lease, Number Of Contracts
Derivative, notional amount
Derivative, Notional Amount
Revenue and expense recognition
Revenue from Contract with Customer [Policy Text Block]
Number of vessels leased out index linked time charters
Number of vessels leased out index linked time charters
Number of vessels leased out index linked time charters
Number Of major customers
Revenue, Number Of Major Customers
Revenue, Number Of Major Customers
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents [Abstract]
DEBT
Debt Disclosure [Text Block]
Minimum cash requirement percentage
Debt Instrument, Covenant Compliance, Minimum Cash Requirement, Percentage
Debt Instrument, Covenant Compliance, Minimum Cash Requirement, Percentage
Fixed Interest Rate
Derivative, Fixed Interest Rate
Document Shell Company Report
Document Shell Company Report
Finance lease, weighted average discount rate, percent
Finance Lease, Weighted Average Discount Rate, Percent
Ballast Water Treatment System [Member]
Ballast Water Treatment System [Member]
Ballast Water Treatment System
Accounting Standards Update 2016-01 [Member]
Accounting Standards Update 2016-01 [Member]
Common stock, shares, authorized (in shares)
Common Stock, Shares Authorized
Vesting on third anniversary
Share-based Payment Arrangement, Tranche Three [Member]
Quarterly repayment to principal borrowed ratio
Debt Instrument, Quarterly Repayment to Principal Borrowed Ratio
The ratio of quarterly repayments to the borrowed principal based on which periodic payments including both interest and principal payments are required.
Entity Central Index Key
Entity Central Index Key
Entity Emerging Growth Company
Entity Emerging Growth Company
2024
Long-term Debt, Maturities, Repayments of Principal in Year Five
Outstanding at beginning of period (in dollars per share)
Outstanding at end of period (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Option, Nonvested, Weighted Average Exercise Price
Voyage expenses and commission
Voyage expenses and commission
Expenses associated with operating vessels which are attributable to particular voyages such as fuel costs, port costs, broker commissions and canal tolls.
Long-term debt
Noncurrent portion
Long-term Debt, Excluding Current Maturities
Derivative [Table]
Derivative [Table]
Assets
Assets, Fair Value Disclosure [Abstract]
Voyages in progress
Projects In Progress
Projects In Progress
Charter contract term
Charter Term, Contractual
The contractual number of years for which the charter agreement is enforceable.
Payroll and employee tax accruals
Employee-related Liabilities, Current
Related party balances
Increase (Decrease) in Due to Related Parties, Current
Fair Value, Inputs, Level 2 [Member]
Fair Value, Inputs, Level 2 [Member]
RECENTLY ISSUED ACCOUNTING STANDARDS
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]
Schedule of outstanding obligations under finance leases
Finance Lease, Liability, Maturity [Table Text Block]
Antidilutive Securities [Axis]
Antidilutive Securities [Axis]
Ownership percentage
Noncontrolling Interest, Ownership Percentage by Parent
2019
Operating Leases, Future Minimum Payments Due, Next Twelve Months
Unbilled demurrage
Unbilled Contracts Receivable
Market adjusted equity
Debt Instrument, Covenant Compliance, Market Adjusted Equity Percentage
Debt Instrument, Covenant Compliance, Market Adjusted Equity Percentage
Value of favorable charter party contracts
Value of favorable charter party contracts [Table Text Block]
[Table Text Block] for Full disclosure for the Value of favorable charter party contracts [Table]
LIABILITIES AND EQUITY
Liabilities and Equity [Abstract]
Schedule of Changes in Allowance For Doubtful Accounts
Schedule of Changes in Allowance For Doubtful Accounts [Table Text Block]
Schedule of Changes in Allowance For Doubtful Accounts [Table Text Block]
Other long term assets
Other long term assets
Other Assets, Noncurrent
Profit share percentage
Profit share percentage
The percentage of profit share
Financing activities
Net Cash Provided by (Used in) Financing Activities [Abstract]
Commitment To Install Ballast Water Treatment System
Commitment To Install Ballast Water Treatment System [Member]
Commitment To Install Ballast Water Treatment System [Member]
Derivative Contract [Domain]
Derivative Contract [Domain]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Drydocking
Drydocking [Policy Text Block]
Disclosure of the accounting policy for drydocking costs.
Vessels and equipment [Roll Forward]
Movement in Property, Plant and Equipment [Roll Forward]
Total debt
Total, beginning balance
Total, ending balance
Long term debt
Long-term Debt
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Balloon payment
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid
Increase (Decrease) In Favorable Charter Party Contracts [Roll Forward]
Increase (Decrease) In Favorable Charter Party Contracts [Roll Forward]
Increase (Decrease) In Favorable Charter Party Contracts [Roll Forward]
Contract with Customer, Asset and Liability
Contract with Customer, Asset and Liability [Table Text Block]
Voyage charter revenues
Voyage Charter Revenue [Member]
Voyage Charter Revenue [Member]
EQUITY METHOD INVESTMENTS
Equity Method Investments and Joint Ventures Disclosure [Text Block]
Impact of modification of operating leases
Increase (Decrease) In Right-Of-Use Asset, Fniance Lease, Reclassification Of Lease Type
Increase (Decrease) In Right-Of-Use Asset, Fniance Lease, Reclassification Of Lease Type
Other current liabilities
Total other current liabilities
Other Liabilities, Current
Subsequent Event [Table]
Subsequent Event [Table]
Derivative assets
Derivative Asset
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Deferred gain from sale of leaseback transaction
Sale Leaseback Transaction, Deferred Gain, Net
Interest income
Investment Income, Interest
Revenue, Initial Application Period Cumulative Effect Transition [Table]
Revenue, Initial Application Period Cumulative Effect Transition [Table]
Marketable securities
Investments, Fair Value Disclosure
Debt fees paid
Payments of Financing Costs
Capitalized contract cost, accumulated amortization
Capitalized Contract Cost, Accumulated Amortization
Entity Address, Address Line One
Entity Address, Address Line One
Entity Address, Address Line Two
Entity Address, Address Line Two
Term Loan Facility of $80.2 Million [Member]
Term Loan Facility of $80.2 Million [Member]
Term Loan Facility of $80.2 Million [Member]
Property, plant and equipment, gross
Cost, beginning of period
Balance, end of period
Property, Plant and Equipment, Gross
VESSELS AND EQUIPMENT, NET
Property, Plant and Equipment Disclosure [Text Block]
Number of vessels leased out under capital leases to third parties
number of vessels leased out under capital leases to third parties
number of vessels leased out under capital leases to third parties
Total operating revenue
Equity Method Investment, Summarized Financial Information, Revenue
Number of vessels under capital lease
Number Of Vessels Under Finance Leases
Number of vessels under finance leases
Term of share options
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period
Debt instrument, value per tranche, value 1
Debt Instrument, Value Per Tranche, Value 1
A specific value attached to each of the facility's trance
Debt instrument, value per tranche, value 2
Debt Instrument, Value Per Tranche, Value 2
A specific value attached to each of the facility's trance
Vesting on first anniversary
Share-based Payment Arrangement, Tranche One [Member]
Net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Related Party Transaction [Line Items]
Related Party Transaction [Line Items]
Debt repurchase
Debt Instrument, Repurchased Face Amount
Administrative expenses
General and Administrative Expense
Schedule of Derivative Instruments
Schedule of Derivative Instruments [Table Text Block]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Significant Accounting Policies [Text Block]
Repayments
Operating Lease, Liability, Repayments
Operating Lease, Liability, Repayments
Accrued expenses
Accrued expenses
Accrued Liabilities, Current
Term Loan Facility $131.79 Million [Member]
$131.79M Term Loan Facility [Member]
$131.79M Term Loan Facility
Entity Interactive Data Current
Entity Interactive Data Current
Average ceiling
Derivative, Average Ceiling Price
Derivative, Average Ceiling Price
Share capital, shares issued (in shares)
Issued shares: Balance at start of year (in shares)
Issued shares: Balance at end of year (in shares)
Common Stock, Shares, Issued
Share capital, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Impairment loss on vessels
Impairment losses on vessels and equipment
Impairment loss
Tangible Asset Impairment Charges
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Thereafter
Favorable Charter Party Contracts, Amortization, Thereafter
Amortization of Favorable Charter Party Contracts for periods greater than five years following the balance sheet date.
Number of vessels for which management fee is $75 dollars per day
Number Of Vessels Under Commercial Management Fee 2
Number Of Vessels Under Commercial Management Fee 2
Charter hire expenses [Member]
Charter hire expenses [Member]
Charter hire expenses [Member]
Schedule of stock by class
Schedule of Stock by Class [Table Text Block]
Accumulated depreciation
Accumulated depreciation beginning balance
Accumulated depreciation ending balance
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
Number of vessels chartered-out on fixed rate time charters
Vessels leased out,Fixed Rate Time Charter
Total number of vessels leased out on Fixed Rate Time Charter
Administrative expenses
Administrative expenses
Carrying value as of the balance sheet date of obligations incurred through that date and payable for administrative expenses. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Currency [Axis]
Currency [Axis]
Net amounts charged to related party
Revenue from Related Parties
Thereafter
Finance Lease, Liability, Payments, Due after Year Five
COMMITMENTS AND CONTINGENCIES
Commitments and Contingencies Disclosure [Text Block]
Shares issued (in shares)
Shares issued (in shares)
Stock Issued During Period, Shares, New Issues
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]
Vesting rate
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage
Accounting Standards Update 2016-02 [Member]
Accounting Standards Update 2016-02 [Member]
Vessel Type [Axis]
Vessel Type [Axis]
Vessel Type [Axis]
Disaggregation of Revenue [Table]
Disaggregation of Revenue [Table]
Other Current Liabilities
Other Current Liabilities [Table Text Block]
Bunker derivatives [Member]
Bunker derivatives [Member]
The fair value of bunker derivatives at year end
Voyages in progress
Increase (Decrease) in Contract with Customer, Asset
Share capital (Shares issued: 2019: 144,272,697. 2018: 144,272,697 Outstanding shares: 2019:143,277,697 shares. 2018: 143,827,697 shares. All shares are issued and outstanding at par value $0.05)
Common Stock, Value, Issued
ACCRUED EXPENSES
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
Scrubber installation finance cost
Scrubber Installation Finance Cost, Maximum
Scrubber Installation Finance Cost, Maximum
Ship operating expenses
Ship operating expenses
The aggregate direct operating costs of operating the vessels.
MARKETABLE EQUITY SECURITIES
Marketable Securities [Table Text Block]
Vesting [Domain]
Vesting [Domain]
Inventories
Increase (Decrease) in Inventories
Equity in net income (loss) of associated companies
Income (Loss) From Equity Method Investments, Before Consolidation And Reconciling Adjustments
Income (Loss) From Equity Method Investments, Before Consolidation And Reconciling Adjustments
Expected dividends
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Payments
Total
Long-term Debt, Maturities, Repayments of Principal in Total
Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in total number of years following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.
Changes in right-of-use assets and lease liabilities
Assets And Liabilities, Lessee [Table Text Block]
Assets And Liabilities, Lessee
Cash and cash equivalents
Cash, cash equivalents and restricted cash at end of year
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Finance leases, right of use assets, net
Vessel under capital leases
Vessel under finance leases
Carrying amount at the balance sheet date of vessels and other long-lived depreciable physical assets under finance lease used in the normal conduct of business and not intended for resale, net of accumulated depreciation on vessels and equipments.
Consideration
Asset Purchase, Consideration Transferred
Asset Purchase, Consideration Transferred
Weighted average number of shares outstanding - basic (in shares)
Weighted Average Number of Shares Outstanding, Basic
Operating leases, right of use assets, net
Operating Lease, Right-of-Use Asset
Revenue from External Customer [Line Items]
Revenue from External Customer [Line Items]
Prepaid charter hire (straight-lining of lease expense)
Deferred Rent Credit
Statement, Equity Components [Axis]
Equity Components [Axis]
Equity Components [Axis]
Proceeds from sale of vessels
Proceeds From Sale Of Vessels and Equipment
The cash inflow from the sale and termination of leases of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.
Purchase of investment in associated companies
Purchase to acquire investment
Payments to Acquire Equity Method Investments
Total operating expense
Equity Method Investment, Summarized Financial Information, Operating Expenses
Equity Method Investment, Summarized Financial Information, Operating Expenses
Gain (loss) on derivatives
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
Minimum value covenant
Minimum Value Covenant
The Minimum Value of the assets pledged as securities for bank borrowings
Ongoing Voyages [Member]
Ongoing Voyages [Member]
Ongoing Voyages
Number of tranches, value 2
Number of Tranches, Value 2
Number of Tranches, Value 2
Number of tranches, value 1
Number of Tranches, Value 1
The number of tranches under a certain long term facility of a certain value
Deductions credited to trade receivables
Release of Allowance for Doubtful Accounts
Release of Allowance for Doubtful Accounts
Scenario, Forecast [Member]
Forecast [Member]
Cash and cash equivalents
Cash and Cash Equivalents, Fair Value Disclosure
Equity Method Investment [Roll Forward]
Equity Method Investment [Roll Forward]
Equity Method Investment [Roll Forward]
Variable Rate [Axis]
Variable Rate [Axis]
Remaining financial commitment
Other Commitment
Document Information [Table]
Document Information [Table]
Related Party Transaction [Axis]
Related Party Transaction [Axis]
Investments in associated companies
Beginning balance
Ending Balance
Investment in equity investees
Equity Method Investments
Net cash provided by operating activities
Net Cash Provided by (Used in) Operating Activities
Term Loan Facility of $120.0 Million [Member]
Term Loan Facility of $120.0 Million [Member]
Term Loan Facility of $120.0 Million [Member]
Schedule of Available-for-sale Securities Reconciliation
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
2020
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months
Share options
Share-based Payment Arrangement, Option [Member]
Deferred charges
Deferred charges, beginning balance
Deferred charges, ending balance
Debt Issuance Costs, Net
Unrelated Third Parties [Member]
Unrelated Third Parties [Member]
Unrelated Third Parties
Disposals during the year
Proceeds from sale of marketable securities
Proceeds from Sale and Maturity of Marketable Securities
Commercial management fee revenue per day for managing vessels
Commercial Management Fee Revenue
Revenue derived from the provision of commercial management services
2021
Operating Leases, Future Minimum Payments, Due in Three Years
Trade accounts payables
Accounts Payable, Trade, Current
Change In Operating Lease Obligations [Roll Forward]
Change In Operating Lease Obligations [Roll Forward]
Change In Operating Lease Obligations [Roll Forward]
Income Statement [Abstract]
Income Statement [Abstract]
Vessels leased to third parties [Member]
Vessels leased to third parties [Member]
Vessels leased to third parties
Deferred charges
Debt Issuance Costs, Noncurrent, Net
Capesize Vessels [Axis]
Capesize Vessels [Axis]
Capesize Vessels [Axis]
Equity investment of associated companies
Equity Method Investments, Before Consolidation And Reconciling Adjustments
Equity Method Investments, Before Consolidation And Reconciling Adjustments
Non-Recourse Loan Facilities Of $102.7 Million, $73.4 Million And $80.2 Million [Member]
Non-Recourse Loan Facilities Of $102.7 Million, $73.4 Million And $80.2 Million [Member]
Non-Recourse Loan Facilities Of $102.7 Million, $73.4 Million And $80.2 Million
Number of vessels at year end
Number of vessels at year end
Number of vessels at year end
Related Party Transactions [Abstract]
Related Party Transactions [Abstract]
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Table]
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Table]
Title of Individual [Axis]
Title of Individual [Axis]
Current reimbursement payable
Operating Leases, Reimbursement Payable
Operating Leases, Reimbursement Payable
Reporting and functional currency and Foreign currency
Foreign Currency Transactions and Translations Policy [Policy Text Block]
2021
Finance Lease, Liability, Payments, Due Year Two
Total current liabilities
Liabilities, Current
Schedule of Related Party Transactions
Schedule of Related Party Transactions [Table Text Block]
Minimum value percentage
Debt Instrument, Covenant Compliance, Minimum Value Percentage
Debt Instrument, Covenant Compliance, Minimum Value Percentage
Term Loan Facility of $284 Million [Member]
Term Loan Facility of $284 Million [Member]
Term Loan Facility of $284 Million [Member]
Number of vessels sold and leased beck, reclassified as finance lease
Number Of Vessels Sold And Leased Back, Reclassified As Finance Lease
Number Of Vessels Sold And Leased Back, Reclassified As Finance Lease
Recently Issued Accounting Standards
New Accounting Pronouncements, Policy [Policy Text Block]
Accounting Standards Update 2014-09 [Member]
Accounting Standards Update 2014-09 [Member]
Equity Method Investment, Summarized Financial Information, Assets [Abstract]
Equity Method Investment, Summarized Financial Information, Assets [Abstract]
Thereafter
Lessor, Operating Lease, Payments to be Received, Thereafter
Marketable securities
Marketable Securities, Current
Profit share expense
Profit Share Expense
Profit Share Expense
Weighted average number of shares outstanding - diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Tax expenses
Taxes Payable
Favorable charter party contracts
Less: current portion
Favorable Charter Party Contracts, Current
Current portion of the sum of the carrying amount of all favorable charter party contracts, as of the balance sheet date, net of accumulated depreciation and impairment charges. The favorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the excess in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Unrecorded Unconditional Purchase Obligation [Table]
Unrecorded Unconditional Purchase Obligation [Table]
Interest Rate Swap 5 [Member]
Interest Rate Swap 5 [Member]
Interest Rate Swap 5 [Member]
Equity method investments
Equity Method Investments [Policy Text Block]
Document Registration Statement
Document Registration Statement
2020
Operating Leases, Future Minimum Payments, Due in Two Years
Total assets
Assets
Exercised (in dollars per share)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price
Entity Shell Company
Entity Shell Company
Present value of operating lease liabilities
Balance at January 1, 2019 on adoption of ASC 842
Ending balance
Operating Lease, Liability
Subsequent Event [Member]
Subsequent Event [Member]
Summary of Number of Share Options Outstanding and Share Option Transactions
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
Forfeited (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Number of Shares
Variable Rate [Domain]
Variable Rate [Domain]
EUR
Euro Member Countries, Euro
Schedule of Future Minimum Rental Payments for Operating Leases
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
Treasury shares acquired (in shares)
Treasury Stock, Shares, Acquired
Number of vessels under operating lease from third parties
Number of vessels under operating lease from third parties
Total number of vessels under operating lease from third parties
Number of vessels serving as security
Number of vessels serving as security
The number of vessels serving as security against a specific long term loan facility
Trade accounts receivable
Increase (Decrease) in Accounts Receivable
2023
Lessee, Operating Lease, Liability, Payments, Due Year Four
Related party receivables
Due from Related Parties, Noncurrent
Value of unfavorable charter party contracts
Value of unfavorable charter party contracts [Table Text Block]
Full discslosure for the Value of unfavorable charter party contracts [Table Text Block]
Current portion of finance lease obligations
Current portion
Finance Lease, Liability, Current
Derivative instruments payables
Derivative Instruments and Hedges, Liabilities
SEGMENT INFORMATION
Segment Reporting Disclosure [Text Block]
Forfeited (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Weighted Average Grant Date Fair Value
Long-term Debt, Type [Domain]
Long-term Debt, Type [Domain]
Voyages in progress (contract assets)
Contract With Customer, Voyages In Progress
Contract With Customer, Voyages In Progress
Exercisable (in shares)
Options Outstanding and Exercisable, Number of options (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number
Capitalized contract cost, amortization
Capitalized Contract Cost, Amortization
Gain/(Loss) on sale of assets and deferred gains [Abstract]
Gain/(Loss) on sale of assets and deferred gains [Abstract]
Gain/(Loss) on sale of assets and deferred gains [Abstract]
Exercised (in dollars per share)
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercised In Period, Weighted Average Grant Date Fair Value
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Exercised In Period, Weighted Average Grant Date Fair Value
Number of Vessels Under Ship Management
Number of Vessels Under Ship Management
Number of Vessels Under Ship Management
Periodic payments
Debt Instrument, Periodic Payment
Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Domain]
Equity-Based Arrangements, Individual Contracts, Type of Deferred Compensation [Domain]
2024
Lessor, Operating Lease, Payments to be Received, Five Years
Entity File Number
Entity File Number
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Provision for onerous contracts
Provision For Onerous Contracts
Provision For Onerous Contracts
Seatankers Management Co, Ltd [Member]
Seatankers Management Co, Ltd [Member]
Seatankers Management Co, Ltd [Member]
Capitalized project costs
Capitalized Installation Costs
Capitalized Installation Costs
2022
Lessor, Operating Lease, Payments to be Received, Three Years
Adjustment on adoption of changes
Cumulative Effect of New Accounting Principle in Period of Adoption
Document Fiscal Period Focus
Document Fiscal Period Focus
Other comprehensive income
Other comprehensive income, net
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Marketable Securities [Abstract]
Marketable Securities [Abstract]
Product and Service [Domain]
Product and Service [Domain]
Short-term Debt, Type [Axis]
Short-term Debt, Type [Axis]
Related party shareholder loan
Related Party Shareholder Loan, Fair Value Disclsoure
Related Party Shareholder Loan, Fair Value Disclsoure
Options
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Options
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Options
Panamax Vessels [Axis]
Panamax Vessels [Axis]
Panamax Vessels [Axis]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted Cash and Cash Equivalents Items [Line Items]
Charter term extension
Charter term, Extension
The number of years of the right of the Owner to extent the charter term, in case the purchase option is not exercised by the Charterer upon maturity of the original charter term.
Additions charged to income
Increase in allowance for doubtful debt
Increase in allowance for doubtful debt
Statement [Line Items]
Statement [Line Items]
Long-term Debt assumed upon the Merger
Long-term Debt assumed upon the Merger
The amount of Long-term Debt assumed upon the Merger with the Former Golden Ocean
Revenues
Non- lease
Revenue from Contract with Customer, Excluding Assessed Tax
Dry Bulk Carriers [Member]
Dry Bulk Carriers [Member]
Dry Bulk Carriers [Member]
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Abstract]
Net changes related to marketable securities
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Earnings per share
Earnings Per Share, Policy [Policy Text Block]
Plan Name [Axis]
Plan Name [Axis]
Capitalized voyage expense during the period
Capitalized Contract Cost, Gross
Amendment Flag
Amendment Flag
Equity securities sold (in shares)
Equity Securities Sold
Equity Securities Sold
Non-cash lease expense
Non-Cash Lease Expense
Non-Cash Lease Expense
Share capital, shares outstanding (in shares)
Outstanding number of shares: Balance at beginning of year (in shares)
Outstanding number of shares: Balance at end of year (in shares)
Common Stock, Shares, Outstanding
Fair Value, Inputs, Level 1 [Member]
Fair Value, Inputs, Level 1 [Member]
Number Of vessels participate in revenue sharing agreement
Number Of Vessels Participate In Revenue Sharing Agreement
Number Of Vessels Participate In Revenue Sharing Agreement
Asset Derivatives - Fair Value
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value
Total
Operating Leases, Future Minimum Payments Due
Daily operating expense rate
Daily Operating Expenses Rate
The daily OPEX rate applicable during the term of the charter.
Dividends
Dividends
Average floor
Derivative, Average Floor Price
Golden Hawk [Member]
Golden Hawk [Member]
Golden Hawk [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Loan advance to related parties
Payments for Advance to Affiliate
Share of results of associated companies
Share of income / (loss)
Income (Loss) from Equity Method Investments, Total
Income (Loss) from Equity Method Investments
Exercise price (in dollars per share)
Deferred Compensation Arrangement with Individual, Exercise Price
Number of share options approved for issuance to senior management (in shares)
Deferred Compensation Arrangement with Individual, Shares Authorized for Issuance
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment [Line Items]
Advances
Advances to ship managers
The value of advances to ship managers
Restricted cash
Debt Instrument, Covenant Compliance, Restricted Cash
Debt Instrument, Covenant Compliance, Restricted Cash
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures [Abstract]
Total minimum lease payments
Lessee, Operating Lease, Liability, Payments, Due
Summary Rollforward of Vessels and equipment
Property, Plant and Equipment [Table Text Block]
Trade accounts receivable, net
Accounts Receivable, after Allowance for Credit Loss, Current
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Abstract]
Unrealized fair value gain (loss)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Unrealized Fair Value Gain (Loss)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Unrealized Fair Value Gain (Loss)
Short-term lease cost
Short-term Lease, Cost
Granted (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross
Schedule of Other Long Term Assets
Schedule of Other Assets, Noncurrent [Table Text Block]
Supramax Vessels [Member]
Supramax Vessels [Member]
Supramax vessels [Member]
Collateral Pledged [Member]
Collateral Pledged [Member]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Number of vessels for which management fee is $125 dollars per day
Number Of Vessels Under Commercial Management Fee
Number Of Vessels Under Commercial Management Fee
Entity Current Reporting Status
Entity Current Reporting Status
Quintana Vessels [Member]
Quintana Vessels [Member]
Quintana Vessels [Member]
Lessor, Operating Lease, Payments to be Received, Maturity
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]
Tenor term
Line Of Credit Facility, Tenor Term
Line Of Credit Facility, Tenor Term
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Purchase price adjustment
Purchase price adjustment
The amount of the purchase price adjustment arising upon the merger with the Former Golden Ocean
Common Stock [Member]
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue [Line Items]
Distribution of treasury shares
Stock Issued During Period, Value, Treasury Stock Reissued
Trade accounts payables
Increase (Decrease) in Accounts Payable, Trade
Mark to market (gain) loss on derivatives
Derivative, Gain (Loss) on Derivative, Net
Net (loss) income
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Product and Service [Axis]
Product and Service [Axis]
Amortization
Operating Lease, Cost
Entity Filer Category
Entity Filer Category
Financial instruments
Fair Value of Financial Instruments, Policy [Policy Text Block]
Interest Rate Swap [Member]
Interest Rate Swap [Member]
Total liabilities and equity
Liabilities and Equity
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
Term Loan Facility Of $102.7 Million [Member]
Term Loan Facility Of $102.7 Million [Member]
Term Loan Facility Of $102.7 Million [Member]
Other [Member]
Other Equity Method Investments [Member]
Other Equity Method Investments [Member]
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-term Debt Instruments [Table]
Capitalization of debt issuance cost, net of amortization
Payments of Financing Costs, Net of Amortization
Payments of Financing Costs, Net of Amortization
Lease term
Lessor, Operating Lease, Term of Contract
Stock Compensation Plan [Member]
Share-based Payment Arrangement [Member]
NOK
Norway, Krone
Document Fiscal Year Focus
Document Fiscal Year Focus
Schedule of Stock by Class [Table]
Schedule of Stock by Class [Table]
Other operating income (expenses), net
Other Operating Income (Expense), Net
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Capesize [Domain]
Capesize [Domain]
[Domain] for Capesize [Axis]
Operating revenues
Revenues [Abstract]
Commercial management fee revenue per day for first seven dry bulk vessels
Commercial Management Fee Revenue, Rate
Commercial Management Fee Revenue, Rate
Thereafter
Long-term Debt, Maturities, Repayments of Principal after Year Five
Gain Loss on vessel disposals [Domain]
Gain Loss on vessel disposals [Domain]
[Domain] for Gain Loss on vessel disposals [Axis]
Award Type [Axis]
Award Type [Axis]
Committed To Install Scrubbers
Committed To Install Scrubbers [Member]
Committed To Install Scrubbers [Member]
Other financial items
Other Nonoperating Income (Expense)
Average rate
Derivatives, Average Rate
Derivatives, Average Rate
2020
Lessor, Operating Lease, Payments to be Received, Next Twelve Months
Number of vessels financed
Number of vessels financed
The number of vessels financed under a specific long term loan facility
Accumulated Deficit [Member]
Retained Earnings [Member]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Seller's credit, percentage of price
Sellers Credit, Percentage of Sale Price
Sellers Credit, Percentage of Sale Price
OPERATING LEASES
Lessee, Operating Leases [Text Block]
Interest Rate Swap 6 [Member]
Interest Rate Swap 6 [Member]
Interest Rate Swap 6 [Member]
Document Period End Date
Document Period End Date
Other current assets
Other current assets
Other Assets, Current
Statement [Table]
Statement [Table]
Entity Registrant Name
Entity Registrant Name
Investment, Name [Domain]
Investment, Name [Domain]
Opening balance
Total
Unfavorable Charter Party Contracts, Total
The sum of the carrying amount of all unfavorable charter party contracts, as of the balance sheet date, net of accumulated depreciation and impairment charges. The unfavorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the shortfall in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Impact of modification of operating leases
Increase (Decrease) In Operating Lease Liability, Reclassification Of Lease Type
Increase (Decrease) In Operating Lease Liability, Reclassification Of Lease Type
Vessels Under Capital Leases [Abstract]
Vessels Under Finance Leases [Abstract]
Vessels under finance leases [Abstract]
VALUE OF CHARTER PARTY CONTRACTS
Goodwill and Intangible Assets Disclosure [Text Block]
Average years used in market price scrap per ton calculation
Average Years Used in Market Price Scrap per Ton Calculation
Average Years Used in Market Price Scrap per Ton Calculation
Useful life
Property, Plant and Equipment, Useful Life
Property, Plant and Equipment Impairment or Disposal [Abstract]
Property, Plant and Equipment Impairment or Disposal [Abstract]
Share option expenses
Gain (Loss) On Equity Awards
Gain (Loss) On Equity Awards
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Foreign exchange translation
Operating Lease, Liability, Foreign Exchange Translation
Operating Lease, Liability, Foreign Exchange Translation
Maximum [Member]
Maximum [Member]
Other revenues
Other Revenue [Member]
Other Revenue [Member]
2022
Lessee, Operating Lease, Liability, Payments, Due Year Three
Panamax, Capital Lease [Axis]
Panamax, Capital Lease [Axis]
Panamax, Capital Lease [Axis]
Share Price (in dollars per share)
Share Price
Distributions to shareholders
Distributions to shareholders [Policy Text Block]
Disclosure of accounting policy in respect of shareholder distribution when retained earnings are insufficient.
Ownership [Axis]
Ownership [Axis]
Number of vessels sold under partial share consideration
Sale Of Productive Assets, Number Of Vessels Sold Under Partial Share Consideration
Sale Of Productive Assets, Number Of Vessels Sold Under Partial Share Consideration
Term of scheme
Share-Based Compensation Arrangement By Share-Based Payment Award, Term Of Arrangement
Share-Based Compensation Arrangement By Share-Based Payment Award, Term Of Arrangement
OTHER LONG TERM ASSETS
Investments and Other Noncurrent Assets [Text Block]
Other Commitments [Domain]
Other Commitments [Domain]
Principal amount
Debt Instrument, Face Amount
Unrealized gain
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax
Options outstanding at beginning of period (in shares)
Options outstanding at end of period (in shares)
Options Outstanding and Unvested, Number of options (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares
Admiral Schmidt and Vitus Bering Leases
Admiral Schmidt And Vitus Bering Leases [Member]
Admiral Schmidt And Vitus Bering Leases
Number of reportable segments
Number of Reportable Segments
Interest Rate Swap 9 [Member]
Interest Rate Swap 9 [Member]
Interest Rate Swap 9 [Member]
Repayments
Finance Lease, Liability, Repayments
Finance Lease, Liability, Repayments
Marketable securities
Marketable Securities, Policy [Policy Text Block]
Daily time charter rate, increase in rate
Daily Time Charter Rate, Increase In Rate
Daily Time Charter Rate, Increase In Rate
Other comprehensive income (loss)
Comprehensive Income, Policy [Policy Text Block]
Receivables
Accounts Receivable [Policy Text Block]
Address Type [Domain]
Address Type [Domain]
Number of vessels acquired
Number of Vessels Acquired
Number of Vessels Acquired
Net proceeds from share distributions
Proceeds from Sale of Treasury Stock
Debt term
Debt Instrument, Term
Interest expense
Interest Expense, Policy [Policy Text Block]
Range [Domain]
Statistical Measurement [Domain]
2016 Share Option Scheme [Member]
2016 Share Option Scheme [Member]
2016 Share Option Scheme [Member]
FINANCIAL ASSETS AND LIABILITIES
Financial Instruments Disclosure [Text Block]
Cash payment for vessel purchase
Payments to Acquire Productive Assets
Charter term, total
Charter term, total
Total period of the charter term
SUPPLEMENTAL INFORMATION
Additional Financial Information Disclosure [Text Block]
Container Carriers [Member]
Container Carriers [Member]
Container Carriers [Member]
Non current assets
Equity Method Investment, Summarized Financial Information, Noncurrent Assets
Prepaid expenses
Prepaid expenses and accrued income
Carrying amount as of the balance sheet date of expenditures made, not otherwise specified in the taxonomy, in advance of the timing of recognition of expenses which are expected to be charged against earnings within one year or the normal operating cycle, if longer. An aggregate carrying amount, as of the balance sheet date, of fees and other revenue recorded based on estimates or specific contractual terms as transactions occur or services are rendered in the current period.
SHARE OPTIONS
Share-based Payment Arrangement [Text Block]
Bunker receivables on time charter-out contracts
Bunker Receivables, Time Charter-Out Contracts
Bunker Receivables, Time Charter-Out Contracts
Contributed Capital Surplus [Member]
Other Additional Capital [Member]
Trade accounts receivable
Contract With Customer, Trade Accounts Receivable
Contract With Customer, Trade Accounts Receivable
2023
Lessor, Operating Lease, Payments to be Received, Four Years
Proceeds from issuance of shares
Proceeds from (Repurchase of) Equity
Realized gain (loss)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Realized Gain (Loss)
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Realized Gain (Loss)
Variable interest rate level
Variable interest rate level
Variable interest rate level
Weighted Average Grant date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Reduction to weighted average number of shares outstanding (in shares)
Treasury Stock, Shares, Retired
Future minimum rental payments
Operating Leases, Rent Expense, Minimum Rentals
Ship Finance International Ltd [Member]
Ship Finance International Ltd [Member]
Ship Finance International Ltd [Member]
Restrictions on Cash and Cash Equivalents [Table]
Restrictions on Cash and Cash Equivalents [Table]
Prepaid expenses
Increase (Decrease) in Prepaid Expense and Other Assets
Exercisable (in dollars per share)
Options Outstanding and Exercisable, Weighted average exercise price (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price
Related Party [Axis]
Related Party [Axis]
Acquired time charter contracts from Quintana
Acquired time charter contracts from Quintana
Favorable Charter Party Contracts, Additions
Favorable Charter Party Contracts, Additions
Deferred gain (loss) on vessel disposal [Axis]
Deferred gain (loss) on vessel disposal [Axis]
Deferred gain (loss) on vessel disposal [Axis]
Risk-free rate
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate
Capesize, Forward Freight Agreements, Maturing in 2020 [Member]
Capesize, Forward Freight Agreements, Maturing in 2020 [Member]
Capesize, Forward Freight Agreements, Maturing in 2020 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Estimate of Fair Value Measurement [Member]
Estimate of Fair Value Measurement [Member]
Counterparty Name [Axis]
Counterparty Name [Axis]
Per share information:
Earnings Per Share [Abstract]
Increase (Decrease) In Unfavorable Charter Party Contracts [Roll Forward]
Increase (Decrease) In Unfavorable Charter Party Contracts [Roll Forward]
Increase (Decrease) In Unfavorable Charter Party Contracts [Roll Forward]
Supplemental Information Table [Line Items]
Supplemental Information Table [Line Items]
[Line Items] for Supplemental Information Table [Table]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Seller's credit loan per vessel
Asset Purchase, Sellers Credit Loan Per Vessel
Asset Purchase, Sellers Credit Loan Per Vessel
Total minimum lease period
Total minimum lease period
Total minimum lease period
Other
Other Noncash Income (Expense)
Vessels and depreciation
Property, Plant and Equipment, Policy [Policy Text Block]
Cash and cash equivalents
Cash and Cash Equivalents, Unrestricted Cash and Cash Equivalents, Policy [Policy Text Block]
Lessee, Operating Lease, Liability, Maturity
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Interest Rate Swap 4 [Member]
Interest Rate Swap 4 [Member]
Interest Rate Swap 4 [Member]
Liability Derivatives - Fair Value
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value
Trafigura Group [Member]
Trafigura Group [Member]
Trafigura Group [Member]
Current portion of finance lease obligations
Capital Lease Obligations, Current
Charter hire expense minimum rentals
Operating leases, charterhire expense minimum rentals
Operating leases, charterhire expense minimum rentals
Ship operating expenses
Ship operating expenses - accrued liabilities
Carrying value as of the balance sheet date of obligations incurred through that date and payable for ship operating expenses. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Purchase of additional stake
Equity Method Investment, Equity Contribution
Equity Method Investment, Equity Contribution
Maximum amount of reimbursement payable
Operating Leases, Maximum Amount Of Reimbursement Payable
Operating Leases, Maximum Amount Of Reimbursement Payable
TRADE ACCOUNTS RECEIVABLE, NET [Abstract]
TRADE ACCOUNTS RECEIVABLE, NET [Abstract]
-- None. No documentation exists for this element. --
Lease revenue
Operating Lease, Lease Income
Total operating expenses
Operating Expenses
Schedule of Equity Method Investments
Equity Method Investments [Table Text Block]
Other income (expenses)
Nonoperating Income (Expense) [Abstract]
Lease revenue
Operating Leases, Income Statement, Lease Revenue
Segment Reporting [Abstract]
Segment Reporting [Abstract]
Gain (loss) on marketable equity securities
Mark to market (gain) loss on marketable securities
Unrealized gain (loss), net
Equity Securities, FV-NI, Unrealized Gain (Loss)
Less: Imputed interest
Lessee, Operating Lease, Liability, Undiscounted Excess Amount
Transfer from newbuildings
Property, Plant and Equipment, Transfers and Changes
Capitalized fulfillment costs
Capitalized Contract Cost, Net
Loan repayments
Loan repayments
Repayments of Debt
Earnings (loss) per share: basic and diluted (in dollars per share)
Earnings Per Share, Basic and Diluted
OTHER CURRENT LIABILITIES
OTHER LONG TERM LIABILITIES
Other Liabilities Disclosure [Text Block]
Voyage expenses
Voyage expenses
Carrying value as of the balance sheet date of obligations incurred through that date and payable for voyage expenses. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt
Schedule of Maturities of Long-term Debt [Table Text Block]
Total consideration
Sale Of Productive Assets, Consideration
Sale Of Productive Assets, Consideration
Outstanding amount
Derivative, Nonmonetary Notional Amount, Mass
Term Loan Facility of $425 Million [Member]
Term Loan Facility of $425 Million [Member]
Term Loan Facility of $425 Million [Member]
Income Statement Location [Domain]
Income Statement Location [Domain]
Prepaid charter hire (straight-lining of lease expense)
Deferred Rent Receivables, Net, Noncurrent
Number of vessels delivered
Number Of Vessels Delivered
Number Of Vessels Delivered
Number of vessels sold
Number Of Vessels Sold
Number Of Vessels Sold
Gain (loss) on sale of assets and amortization of deferred gains
(Gain) loss on sale of assets and amortization of deferred gains
Gain (Loss) on Disposition of Property Plant Equipment
Operating lease, weighted average discount rate, percent
Operating Lease, Weighted Average Discount Rate, Percent
Disposals depreciation
Accumulated Depreciation, Depletion and Amortization, Sale or Disposal of Property, Plant and Equipment
Depreciation
Depreciation Excluding Capital Lease Vessels
Depreciation Excluding Capital Lease Vessels
Number of Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Interest expenses
Interest expense - accrued expenses
Carrying value as of the balance sheet date of obligations incurred through that date and payable for interest expenses. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Consideration shares received (in shares)
Sale Of Productive Assets, Consideration, Shares Received
Sale Of Productive Assets, Consideration, Shares Received
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Redemption price
Debt Instrument, Redemption Price, Percentage
Repurchases of shares (in shares)
Stock Repurchased During Period, Shares
2022
Long-term Debt, Maturities, Repayments of Principal in Year Three
Vessel [Domain]
Vessel [Domain]
Information on particular vessels.
Basis spread on variable rate
Lessee, Operating Lease, Basis Spread on Variable Rate
Lessee, Operating Lease, Basis Spread on Variable Rate
Unrecorded Unconditional Purchase Obligation [Line Items]
Unrecorded Unconditional Purchase Obligation [Line Items]
Ownership percentage
Percentage of ownership in equity investees
Equity Method Investment, Ownership Percentage
Investment, Name [Axis]
Investment, Name [Axis]
Related party transaction, rate
Related Party Transaction, Rate
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Compensation costs not yet recognized
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount
Other Debt Obligations [Member]
Other Debt Obligations [Member]
Non-current portion
Unfavorable Charter Party Contracts, Non Current
Non current portion of the sum of the carrying amount of all unfavorable charter party contracts, as of the balance sheet date, net of accumulated depreciation and impairment charges. The unfavorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the shortfall in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Bunker obligations on time charter out contracts
Bunker Obligations, Time Charter-Out Contracts
Bunker Obligations, Time Charter-Out Contracts
Current portion of operating lease obligations
Operating Lease, Liability, Current
Schedule of Earnings Per Share, Basic and Diluted
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Vessels and equipment, net
Vessels and equipment, net
Carrying amount at the balance sheet date of vessels and other long-lived depreciable physical assets used in the normal conduct of business and not intended for resale, net of accumulated depreciation on vessels and equipments.
Value of long term charter contracts
Intangible Assets, Finite-Lived, Policy [Policy Text Block]
Seller's Credit [Member]
Seller's Credit [Member]
Seller's Credit [Member]
INCOME TAXES
Income Tax Disclosure [Text Block]
Current assets
Equity Method Investment, Summarized Financial Information, Current Assets
Fair values
Fair Value Measurement, Policy [Policy Text Block]
Additions to newbuildings
Payments To Acquire Vessels And Newbuildings
The cash outflow associated with the capital expenditure for the construction of new vessels
Contributed capital surplus
Other Additional Capital
Total
Lessor, Operating Lease, Payments to be Received
Type of Adoption [Domain]
Type of Adoption [Domain]
Long-term Debt
Long-Term Debt Excluding Deferred Charges
Long-Term Debt Excluding Deferred Charges
Entity Voluntary Filers
Entity Voluntary Filers
Property, plant and equipment, disposals, net
Property, Plant and Equipment, Disposals, Net
Property, Plant and Equipment, Disposals, Net
Purchase of vessels and equipment
Consideration paid
Payments to Acquire Property, Plant, and Equipment
Foreign Tax exemption expiration date
Foreign Tax exemption expiration date
The expiration date for the foreign tax exemption.
Proceeds from long-term debt
Proceeds from Issuance of Long-term Debt
Dilutive impact of stock options (in shares)
Incremental Common Shares Attributable to Dilutive Effect of Contingently Issuable Shares
Other Noncurrent Liabilities
Other Noncurrent Liabilities [Table Text Block]
Interest Rate Swap 1 [Member]
Interest Rate Swap 1 [Member]
Interest Rate Swap 1 [Member]
2024
Lessee, Operating Lease, Liability, Payments, Due Year Five
Reclassified from additional paid in capital
Transfers to Contributed Surplus from Additional Paid In Capital
Transfers to Contributed Surplus from Additional Paid In Capital
Due from related parties
Due from Related Parties
Depreciation
Depreciation, Finance Leases
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives for assets held under Finance leases
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Changes In Finance Lease Liability [Roll Forward]
Changes In Finance Lease Liability [Roll Forward]
Changes In Finance Lease Liability
Disposals
Property, Plant and Equipment, Disposals
OPERATING LEASES
Lessor, Operating Leases [Text Block]
Current liabilities
Equity Method Investment, Summarized Financial Information, Current Liabilities
Additional Paid in Capital [Member]
Additional Paid-in Capital [Member]
Operating Revenues
Revenue from Contract with Customer [Text Block]
Interest Rate Swap 2 [Member]
Interest Rate Swap 2 [Member]
Interest Rate Swap 2 [Member]
Shares issued for Equity Incentive Plan (in shares)
Settlement of options (in shares)
Shares Issued, Shares, Share-based Payment Arrangement, before Forfeiture
Contact Personnel Fax Number
Contact Personnel Fax Number
Finance lease, weighted average remaining lease term
Finance Lease, Weighted Average Remaining Lease Term
Relationship to Entity [Domain]
Title of Individual [Domain]
Payment terms
Debt Instrument, Payment Term
The term for which periodic payments including both interest and principal payments are required.
Reclassified to contributed surplus
Transfers from Additional Paid In Capital to Contributed Surplus
Transfers from Additional Paid In Capital to Contributed Surplus
Stock-based compensation
Share-based Payment Arrangement [Policy Text Block]
Dividends per share (in usd per share)
Common Stock, Dividends, Per Share, Cash Paid
Business background [Line Items]
Business background [Line Items]
[Line Items] for Business background [Table]
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Adjusted daily time charter rate, period 2
Daily Time Charter Rate, Period 2, Adjusted
The adjusted daily time charter rate applicable during a specified period of the term of the charter. The adjustment to the daily rates relates to deviation of the 3M USD LIBOR to a pre-agreed contractual base 3M USD LIBOR
Stated interest rate
Debt Instrument, Interest Rate, Stated Percentage
2021
Long-term Debt, Maturities, Repayments of Principal in Year Two
Other receivables
Increase (Decrease) in Other Receivables
Business Acquisition, Acquiree [Domain]
Business Acquisition, Acquiree [Domain]
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Agent receivables
Other Receivables from Broker-Dealers and Clearing Organizations
Capesize, Forward Freight Agreements, Maturing in 2022 [Member]
Capesize, Forward Freight Agreements, Maturing in 2022 [Member]
Capesize, Forward Freight Agreements, Maturing in 2022
Income Statement Location [Axis]
Income Statement Location [Axis]
Vessel Type [Domain]
Vessel Type [Domain]
[Domain] for Vessel Type [Axis]
Business Acquisition [Axis]
Business Acquisition [Axis]
Number of joint venture partners
Number Of Joint Venture Partners
Number of joint venture partners
Term Loan Facility of $420 Million [Member]
Term Loan Facility of $420 Million [Member]
Term Loan Facility of $420 Million [Member]
Number of subsidiaries
Number of subsidiaries
Number of subsidiaries
Vesting on second anniversary
Share-based Payment Arrangement, Tranche Two [Member]
Lessee, Lease, Description [Table]
Lessee, Lease, Description [Table]
Cash dividends
Dividends Payable, Amount Per Share
2022
Finance Lease, Liability, Payments, Due Year Three
Subordinated shareholder loan
Loan Receivable To Related Party, Lending Capacity
Loan Receivable To Related Party, Lending Capacity
Other receivables
Other receivables [Table Text Block]
[Table Text Block] for Full disclosure of Other receivables for the year [Table]
Term Loan Facility $155.3 Million [Member]
$155.3M Term Loan Facility [Member]
$155.3M Term Loan Facility
Gain (loss) on sale of assets and amortization of deferred gains
Gain / (Loss) on sale of assets and amortization of deferred gains [Policy Text Block]
Policy for Gain / (Loss) on sale of assets and amortization of deferred gains [Policy Text Block]
Capesize Vessels [Member]
Capesize Vessels [Member]
Capesize Vessels
Number of companies involved in the merger
Number of companies involved in the merger
Number of companies involved in the merger
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Total [Member]
Total [Member]
Total [Member]
Other
Equity Method Investment, Summarized Financial Information, Other
Equity Method Investment, Summarized Financial Information, Other
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments [Line Items]
Inventories
Inventory, Net
Amortization of purchase price adjustment
Amortization Of Purchase Price Adjustment
The amount of amortization of the purchase price adjustment arising upon the merger with the Former Golden Ocean
Document Accounting Standard
Document Accounting Standard
Measurement Frequency [Axis]
Measurement Frequency [Axis]
TRADE ACCOUNTS RECEIVABLE, NET
Trade Receivables Disclosure [Text Block]
Entire disclosure for trade accounts receivable, net and related allowance for doubtful accounts.
Capesize, Forward Freight Agreements, Maturing in 2021 [Member]
Capesize, Forward Freight Agreements, Maturing in 2021 [Member]
Capesize, Forward Freight Agreements, Maturing in 2021
Consideration shares issued (in shares)
Asset Purchase, Consideration Transferred, Equity Interests Issued, Shares
Asset Purchase, Consideration Transferred, Equity Interests Issued, Shares
EARNINGS PER SHARE
Earnings Per Share [Text Block]
Golden Eclipse [Member]
Golden Eclipse [Member]
Golden Eclipse [Member]
Amortization of charter party-in contracts
Amortization of unfavorable time charter-in contract
Unfavorable Charter Party Contracts, Amortization
Amortization of the sum of the carrying amount of all unfavorable charter party contracts for the period. The favorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the excess in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Equity Award [Domain]
Award Type [Domain]
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Abstract]
Other current assets (capitalized fulfillment costs)
Contract With Customer, Other
Contract With Customer, Other
2023
Operating Leases, Future Minimum Payments, Due in Five Years
Beginning balance
Ending balance
Present value of obligations under finance leases
Finance Lease, Liability
Northern Drilling Ltd [Member]
Northern Drilling Ltd [Member]
Northern Drilling Ltd [Member]
Shares issued for consideration (in shares)
Issue of consideration shares to Hemen (in shares)
Stock Issued During Period, Shares, Purchase of Assets
Ownership [Domain]
Ownership [Domain]
Gain Loss on vessel disposals [Axis]
Gain Loss on vessel disposals [Axis]
Gain Loss on vessel disposals [Axis]
Number of companies acquired
Number Of Companies Acquired
Number Of Companies Acquired
Schedule of Long-term Debt Instruments
Schedule of Long-term Debt Instruments [Table Text Block]
Long-term debt
Long-term Debt, Fair Value
2020
Favorable Charter Party Contracts, Amortization, Current
Amortization of Favorable Charter Party Contracts within one year of the balance sheet date
Total liabilities
Liabilities
Time charter revenues
Time Charter Revenue [Member]
Time Charter Revenue [Member]
Other Commitments [Axis]
Other Commitments [Axis]
Number of recycling markets
Number of Recycling Markets
Number of recycling markets used (Far East, Indian Sub Continent and Bangladesh).
Counterparty Name [Domain]
Counterparty Name [Domain]
Statement of Comprehensive Income [Abstract]
Statement of Comprehensive Income [Abstract]
Restricted cash
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]
Contact Personnel Name
Contact Personnel Name
Share of results of associated companies
Equity Method Investment, Income (Loss) & Other than Temporary Impairment
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment.
Number of vessel types
Number Of Vessel Types
Number Of Vessel Types
Impairment of vessels and newbuildings
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]
Impact of modification of operating leases
Increase (Decrease) Finance Lease, Liability, Reclassification Of Lease Type
Increase (Decrease) Finance Lease, Liability, Reclassification Of Lease Type
Vessels by Name [Axis]
Vessels by Name [Axis]
Information on operating leases by vessel name.
KSL China, Battersea, Belgravia, Golden Future, Golden Zhejiang, Golden Zhoushan, Golden Beijing and Golden Magnum [Member]
KSL China, Battersea, Belgravia, Golden Future, Golden Zhejiang, Golden Zhoushan, Golden Beijing and Golden Magnum [Member]
KSL China, Battersea, Belgravia, Golden Future, Golden Zhejiang, Golden Zhoushan, Golden Beijing and Golden Magnum [Member]
Convertible Debt [Member]
Convertible Debt [Member]
Schedule of Related Party Transactions, by Related Party [Table]
Schedule of Related Party Transactions, by Related Party [Table]
Other long-term liabilities
Other Sundry Liabilities, Noncurrent
Related party receivables
Due from Related Parties, Current
Senior management
Management [Member]
Management [Member]
Schedule of purchase options
Recorded Unconditional Purchase Obligations [Table Text Block]
Number of annual options to extend charter period
Charter Term, Number Of Annual Options To Extend
Charter Term, Number Of Annual Options To Extend
Total
Contract with Customer, Asset, Net, Current
Capitalized contract cost, impairment loss
Capitalized Contract Cost, Impairment Loss
Interest expenses paid
Interest Paid, Excluding Capitalized Interest, Operating Activities
Allowance for doubtful accounts balance, beginning balance
Allowance for doubtful accounts balance, ending balance
Accounts Receivable, Allowance for Credit Loss
Security Exchange Name
Security Exchange Name
Payments received from seller credit receivable
Proceeds From Seller Credits Receivable
Proceeds From Seller Credits Receivable
Purchase option net of sellers credit
Purchase option net of sellers credit
Purchase option net of sellers credit
The value of the purchase option to acquire vessels upon maturity of the charter term
Antidilutive securities excluded from EPS (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Related party payables
Short-term balances due to related party
Due to Related Parties, Current
Favorable charter party contracts
Non-current portion
Favorable Charter Party Contracts, Non Current
Non Current portion of the sum of the carrying amount of all favorable charter party contracts, as of the balance sheet date, net of accumulated depreciation and impairment charges. The favorable charter party contracts arise on the business combination with the former Golden Ocean and represent the net present value of the excess in cash flows arising over the period of the contract when the expected cash flows from the contract are compared to expected cash flows from comparable contracts at the acquisition date.
Increase (Decrease) In Share Capital, Shares Outstanding [Roll Forward]
Increase (Decrease) In Share Capital, Shares Outstanding [Roll Forward]
Increase (Decrease) In Share Capital, Shares Outstanding
Depreciation
Depreciation
Depreciation
Lease Arrangement, Type [Domain]
Lease Arrangement, Type [Domain]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Axis]
Additional paid in capital
Additional Paid in Capital, Common Stock
Equity Component [Domain]
Equity Component [Domain]
Expected term of share options
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term
Document Transition Report
Document Transition Report
Deferred charges
Deferred Charges, Policy [Policy Text Block]
Supplemental Information Table [Table]
Supplemental Information Table [Table]
Supplemental Information Table [Table]
Number of owned vessels
Number Of Vessels Leased Out
Number Of Vessels Leased Out
Allowance for Doubtful Accounts Receivable [Roll Forward]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Total assets
Equity Method Investment, Summarized Financial Information, Assets
Cash dividends received from equity method investees
Proceeds from Equity Method Investment, Distribution, Dividends and Return of Capital
Proceeds from Equity Method Investment, Distribution, Dividends and Return of Capital
Demurrage [Member]
Demurrage [Member]
Demurrage [Member]