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DEBT 2 (Details) (USD $)
1 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 1 Months Ended
May 31, 2014
Dec. 31, 2007
vessel
Dec. 31, 2014
vessel
Dec. 31, 2013
vessel
Dec. 31, 2012
vessel
Jun. 30, 2014
tranch
Dec. 31, 2014
installment
tranch
Sep. 30, 2014
tranch
Dec. 31, 2010
tranch
Jul. 31, 2010
May 31, 2013
Jul. 01, 2010
tranch
Debt Instrument [Line Items]                        
Number of vessels disposed of   1vlccf_NumberOfVesselsDisposedOf     3vlccf_NumberOfVesselsDisposedOf              
Debt Instrument, Outstanding Loan Amount 2.083%vlccf_DebtInstrumentOutstandingLoanAmount                      
Proceeds from long-term debt     $ 270,000,000us-gaap_ProceedsFromIssuanceOfLongTermDebt $ 0us-gaap_ProceedsFromIssuanceOfLongTermDebt $ 0us-gaap_ProceedsFromIssuanceOfLongTermDebt              
Proceeds from Issuance of Debt     363,500,000us-gaap_LongTermDebt 95,000,000us-gaap_LongTermDebt     363,500,000us-gaap_LongTermDebt          
Number of Vessels Pledge as Collateral     13vlccf_NumberofVesselsPledgeasCollateral 4vlccf_NumberofVesselsPledgeasCollateral     13vlccf_NumberofVesselsPledgeasCollateral          
Collateral carrying amount     852,700,000us-gaap_DebtInstrumentCollateralAmount 262,700,000us-gaap_DebtInstrumentCollateralAmount     852,700,000us-gaap_DebtInstrumentCollateralAmount          
Revolving Credit Facility [Member]                        
Debt Instrument [Line Items]                        
Revolving debt facility     10,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
      10,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
  75,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
  40,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
 
Nordea $105M loan ($60M loan extension) [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount                 105,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea105MLoan60MLoanExtensionMember
     
Term Loan Facility [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount 135,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
        420,000,000.0us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
           
Debt Instrument, Payment Terms, Number of Quarterly Installments 4vlccf_DebtInstrumentPaymentTermsNumberofQuarterlyInstallments
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
                     
Proceeds from long-term debt     30,000,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
                 
Term Loan Facility [Member] | Term Loan Facility of $420 Million [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount           420,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
           
Number of tranches in loan           14vlccf_NumberOfTranchesInLoan
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
           
Value per tranche           30,000,000vlccf_ValuePerTranche
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
30,000,000vlccf_ValuePerTranche
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
30,000,000vlccf_ValuePerTranche
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
       
Number of installments             4vlccf_DebtInstrumentPaymentTermsNumberofInstallments
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
         
Number Of newbuildings financed by loan           14vlccf_NumberOfNewbuildingsFinancedbyLoan
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
           
Revolving debt facility     180,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
      180,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
         
Debt Instrument, Number of Tranches Drawn Down             2vlccf_DebtInstrumentNumberofTranchesDrawnDown
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
6vlccf_DebtInstrumentNumberofTranchesDrawnDown
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
       
Proceeds from Issuance of Debt     238,500,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
0us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
    238,500,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
         
Debt Instrument, Term           72 months            
Debt Instrument, Periodic Payment           375,000us-gaap_DebtInstrumentPeriodicPayment
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
375,000us-gaap_DebtInstrumentPeriodicPayment
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
         
Nordea $175M loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount 175,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea175MLoanMember
              175,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea175MLoanMember
     
Number of tranches in loan                 4vlccf_NumberOfTranchesInLoan
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea175MLoanMember
     
Value per tranche                 25,000,000vlccf_ValuePerTranche
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea175MLoanMember
     
Line of credit facility, amount outstanding     125,000,000us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea175MLoanMember
      125,000,000us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Nordea175MLoanMember
         
DnB $58.24M loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument, face amount                       58,240,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
Number of tranches in loan                       4vlccf_NumberOfTranchesInLoan
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
Value per tranche                   14,560,000vlccf_ValuePerTranche
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
   
Line of credit facility, amount outstanding     0us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
0us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
    0us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
         
Repayment of bank debt as result of sale of vessel during period     $ 41,300,000vlccf_RepaymentOfBankDebtAsResultOfSaleOfVesselDuringPeriod
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
$ 12,400,000vlccf_RepaymentOfBankDebtAsResultOfSaleOfVesselDuringPeriod
/ us-gaap_LongtermDebtTypeAxis
= vlccf_Dnb5824MLoanMember
               
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] | Nordea $175M loan [Member]                        
Debt Instrument [Line Items]                        
Debt margin                 2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= vlccf_Nordea175MLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
     
London Interbank Offered Rate (LIBOR) [Member] | Term Loan Facility [Member] | Term Loan Facility of $420 Million [Member]                        
Debt Instrument [Line Items]                        
Debt margin           2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= vlccf_TermLoanFacilityof420MillionMember
/ us-gaap_LongtermDebtTypeAxis
= vlccf_TermLoanFacilityMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember