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DESCRIPTION OF BUSNIESS (Details) (USD $)
1 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 0 Months Ended 3 Months Ended 1 Months Ended 0 Months Ended
Dec. 31, 2007
vessel
Dec. 31, 2014
vessel
Dec. 31, 2013
Dec. 31, 2012
vessel
Dec. 31, 2010
vessel
Dec. 31, 2009
vessel
Dec. 31, 1996
vessel
Oct. 30, 2014
vessel
Sep. 30, 2014
company
May 31, 2014
vessel
t
Apr. 30, 2014
vessel
company
t
Oct. 31, 2014
vessel
Sep. 30, 2014
vessel
Sep. 30, 2014
vessel
Mar. 31, 2015
vessel
Mar. 31, 2015
vessel
Mar. 31, 2015
company
Jan. 31, 2015
vessel
Apr. 24, 2014
Apr. 29, 2015
vessel
Sep. 15, 2014
Apr. 23, 2014
Significant Acquisitions and Disposals [Line Items]                                            
Number of vessels in initial fleet             5vlccf_NumberOfVesselsInInitialFleet                              
Number of vessels disposed of 1vlccf_NumberOfVesselsDisposedOf     3vlccf_NumberOfVesselsDisposedOf                                    
Purchase of vessels         2vlccf_PurchaseOfVessels 2vlccf_PurchaseOfVessels                                
Number of Newbuildings on Order   14vlccf_NumberOfNewbuildingsOnOrder                                        
Cash paid to acquire SPCs   $ 24,085,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment $ 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment $ 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment                                    
Cash acquired upon purchase of SPCs   68,560,000vlccf_CashAcquiredfromAssetAcquisition 0vlccf_CashAcquiredfromAssetAcquisition 0vlccf_CashAcquiredfromAssetAcquisition                                    
Frontline 2012 [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Number of SPCs acquired                 13vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
  5vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                     
Number of Capesize Newbuildings Delivered               2vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
  2vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
3vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
3vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
2vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
3vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
               
Number of SPCs expected to acquire                     25vlccf_NumberofSpecialPurposeCompaniesExpectedtoAcquire
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                     
Number of Capesize Newbuildings Expected to be Delivered   10vlccf_NumberofCapesizeNewbuildingsExpectedtobeDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                                       
Capesize drybulk size range                     180,000vlccf_CapesizeDrybulkSizeRange
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                     
Number of Capesize Newbuildings Acquired                     5vlccf_NumberofCapesizeNewbuildingsAcquired
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                     
Noncash or Part Noncash Acquisition, Payables Assumed                     150,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                     
Cash acquired upon purchase of SPCs                 25,100,000vlccf_CashAcquiredfromAssetAcquisition
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
  43,400,000vlccf_CashAcquiredfromAssetAcquisition
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
                     
Karpasia [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Noncash or Part Noncash Acquisition, Payables Assumed                     150,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
                     
Cash paid to acquire SPCs                     24,000,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
                     
Purchase Obligation                     31,000,000us-gaap_CapitalExpendituresIncurredButNotYetPaid
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
                     
Subsequent Event [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Vessels in fleet                             47vlccf_VesselsInFleet
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
18vlccf_VesselsInFleet
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
           
Number of Newbuildings on Order                             25vlccf_NumberOfNewbuildingsOnOrder
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
25vlccf_NumberOfNewbuildingsOnOrder
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
25vlccf_NumberOfNewbuildingsOnOrder
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Vessels in Fleet, Time Charter                             3vlccf_VesselsinFleetTimeCharter
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
3vlccf_VesselsinFleetTimeCharter
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
3vlccf_VesselsinFleetTimeCharter
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Vessels in Fleet, Spot Market                             15vlccf_VesselsinFleetSpotMarket
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
15vlccf_VesselsinFleetSpotMarket
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
15vlccf_VesselsinFleetSpotMarket
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of Capesize Newbuildings Acquired                               21vlccf_NumberofCapesizeNewbuildingsAcquired
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
           
Number of Vessels Chartered-In                             4vlccf_NumberofVesselsCharteredIn
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
4vlccf_NumberofVesselsCharteredIn
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
4vlccf_NumberofVesselsCharteredIn
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
    3vlccf_NumberofVesselsCharteredIn
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
Number of Vessels Acquired through Joint Venture                             1vlccf_NumberofVesselsAcquiredthroughJointVenture
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
1vlccf_NumberofVesselsAcquiredthroughJointVenture
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
1vlccf_NumberofVesselsAcquiredthroughJointVenture
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of Vessels in Fleet, Long Time Charter                             6vlccf_NumberofVesselsinFleetLongTimeCharter
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
6vlccf_NumberofVesselsinFleetLongTimeCharter
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
6vlccf_NumberofVesselsinFleetLongTimeCharter
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Subsequent Event [Member] | Frontline 2012 [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Number of SPCs acquired                                 12vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Number of Capesize Newbuildings Delivered                                   4vlccf_NumberofCapesizeNewbuildingsDelivered
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
       
Number of Capesize Newbuildings Acquired                               17vlccf_NumberofCapesizeNewbuildingsAcquired
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
           
Cash paid to acquire SPCs                                 36,400,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Cash acquired upon purchase of SPCs                                 108,600,000vlccf_CashAcquiredfromAssetAcquisition
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Capital Addition Purchase Commitments [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Noncash or Part Noncash Acquisition, Payables Assumed                 490,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
                         
Capital Addition Purchase Commitments [Member] | Karpasia [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Noncash or Part Noncash Acquisition, Payables Assumed                     150,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
                     
Capital Addition Purchase Commitments [Member] | Subsequent Event [Member] | Frontline 2012 [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Noncash or Part Noncash Acquisition, Payables Assumed                                 $ 404,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
         
Common Stock [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Number of shares issued as consideration                     15,500,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
                     
Common Stock [Member] | Frontline 2012 [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Number of shares issued as consideration                 31,000,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
  15,500,000.0us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
                     
Share price (in USD per share)                 $ 11.51us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
  $ 12.54us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
  11.51us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
11.51us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
            $ 11.51us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
 
Common Stock [Member] | Karpasia [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Number of shares issued as consideration                 31,000,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
  3,100,000.0us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
              3,100,000.0us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
     
Share price (in USD per share)                     $ 12.54us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
                    $ 12.54us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
Common Stock [Member] | Subsequent Event [Member] | Frontline 2012 [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Number of shares issued as consideration                                 31,000,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
         
Capesize Vessels [Member]                                            
Significant Acquisitions and Disposals [Line Items]                                            
Vessels in fleet   13vlccf_VesselsInFleet
/ us-gaap_ProductOrServiceAxis
= vlccf_CapesizeVesselsMember
4vlccf_VesselsInFleet
/ us-gaap_ProductOrServiceAxis
= vlccf_CapesizeVesselsMember
                                     
Number of Newbuildings on Order   26vlccf_NumberOfNewbuildingsOnOrder
/ us-gaap_ProductOrServiceAxis
= vlccf_CapesizeVesselsMember
4vlccf_NumberOfNewbuildingsOnOrder
/ us-gaap_ProductOrServiceAxis
= vlccf_CapesizeVesselsMember