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Property and equipment (Tables)
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and equipment

As of March 31, 2024 and December 31, 2023, the Company’s property and equipment, net consisted of the following (in thousands):

 

March 31, 2024

 

 

December 31, 2023

 

Vessels

$

2,488,355

 

 

$

2,487,322

 

Buoy and pipeline

 

15,568

 

 

 

15,568

 

Finance lease right-of-use assets

 

40,007

 

 

 

40,007

 

Other equipment

 

18,409

 

 

 

18,366

 

Assets in progress

 

113,521

 

 

 

93,341

 

Less accumulated depreciation

 

(1,025,656

)

 

 

(1,004,825

)

Property and equipment, net

$

1,650,204

 

 

$

1,649,779