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DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details)
$ in Thousands, kr in Millions
12 Months Ended
Dec. 31, 2023
USD ($)
DKK (kr)
Dec. 31, 2022
USD ($)
DKK (kr)
Dec. 31, 2021
USD ($)
DKK (kr)
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedge ratio when hedge accounting is applied 100.00%    
Hedging reserves $ 25,611 $ 39,870 $ (3,559)
Hedging reserve [member]      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves 34,100 53,000 (3,600)
Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS      
Cash collateral 27,900 1,400 3,700
Interest rate swaps | Hedging reserve [member]      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves $ 34,100 $ 52,600 $ (2,100)
Interest rate swaps | Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS      
Notional value 923,000 687,200 768,700
Interest rate swaps | USD SOFR | Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves $ 35,300    
Forward freight agreements      
DERIVATIVE FINANCIAL INSTRUMENTS      
Net gain (loss) recognized in income statement 23,000 $ (33,300) $ 400
Forward freight agreements | Hedging reserve [member]      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves $ 0 0 0
Forward freight agreements | Minimum      
DERIVATIVE FINANCIAL INSTRUMENTS      
Period covered by forward freight agreements 0 months    
Forward freight agreements | Maximum      
DERIVATIVE FINANCIAL INSTRUMENTS      
Period covered by forward freight agreements 24 months    
Bunker swaps      
DERIVATIVE FINANCIAL INSTRUMENTS      
Net gain (loss) recognized in income statement $ 1,000 13,800 12,000
Bunker swaps | Hedging reserve [member]      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves (500) 0 100
Forward exchange contracts | Hedging reserve [member]      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves 500 $ 400 $ (1,600)
Forward exchange contracts | Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS      
Hedging reserves $ 500    
Notional value | kr 325.5 280.3 274.0