ExpansionJun 3, 2026, 04:16 PM

DHT Holdings Orders New VLCC for August 2028 Delivery

AI Summary

DHT Holdings, Inc. announced an agreement with Hanwha Ocean Co., Ltd. for the construction of a new Very Large Crude Carrier (VLCC), scheduled for delivery in August 2028. This vessel will be a sister to two others delivered earlier in 2026, built to high specifications for premium earning power, reduced emissions, and large carrying capacity. The project aligns with DHT's disciplined capital allocation strategy and will be financed by cash flow from operations, available liquidity, and projected mortgage debt.

Key Highlights

DHT Holdings ordered a new Very Large Crude Carrier (VLCC) from Hanwha Ocean Co., Ltd.
The new VLCC is scheduled for delivery in August 2028.
The vessel will be a sister to two Hanwha vessels delivered in Q1 2026.
It is designed for advanced fuel economics, reduced emissions, and large carrying capacity.
The project will be financed by cash flow from operations, available liquidity, and mortgage debt.
This order aligns with DHT's disciplined capital allocation strategy.

View SEC Filing

DHT

Marine Transportation

DHT Holdings, Inc.

Price Impact