StockWatch
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Marine Transportation
Business UpdateJul 13, 2026, 04:17 PM

DHT Holdings Secures 3-Year VLCC Charter at $75K/Day; Q2 TCE $126.7K

AI Summary

DHT Holdings provided a business update, estimating Q2 2026 time charter equivalent (TCE) earnings for its fleet at $126,700 per day. This includes $162,600 per day for spot VLCCs and $90,800 per day for time charter VLCCs. For Q3 2026, 48% of spot days are booked at an average of $139,700 per day. Additionally, the company secured a new 3-year time charter agreement for the VLCC DHT Jaguar at $75,000 per day, commencing in September 2026.

Key Highlights

  • Q2 2026 estimated fleet TCE earnings: $126,700 per day.
  • Q2 2026 estimated spot VLCC TCE earnings: $162,600 per day.
  • Q2 2026 estimated time charter VLCC TCE earnings: $90,800 per day.
  • Q3 2026 spot days booked: 48% at an average rate of $139,700 per day.
  • Q3 2026 total revenue days booked: 74% at an average rate of $94,300 per day.
  • New 3-year time charter for DHT Jaguar at $75,000 per day.