Recent Updates — DHT

For the third quarter of 2026, DHT Holdings estimates time charter equivalent (TCE) earnings for its fleet at $141,300 per day. This figure comprises $167,100 per day for VLCCs operating in the spot market and $114,200 per day for those on time charter. The estimate is based on 2,055 revenue days during the quarter, with 1,054 days classified as spot days. Additionally, approximately 50% of available spot days in the fourth quarter have been booked at an average rate of $509,100 per day. DHT Holdings is an independent crude oil tanker company operating a fleet of Very Large Crude Carriers (VLCCs) that trades internationally.

DHT Holdings reported record second quarter 2026 results with net profit of $198.3 million and EPS of $1.23, driven by exceptionally strong tanker market conditions. Shipping revenues reached $284.8 million, while adjusted EBITDA rose to $231.0 million. The company declared a quarterly cash dividend of $1.22 per share, payable August 24, 2026, to shareholders of record as of August 17, 2026. Subsequent events include the delivery of the newbuilding DHT Impala and the sale of DHT Bauhinia for net proceeds of $51.0 million. The company also secured a new $250 million revolving credit facility and entered into time charter agreements for multiple vessels at favorable rates. DHT Holdings operates in the crude oil tanker shipping industry, managing a fleet of Very Large Crude Carriers (VLCCs).

DHT Holdings, Inc. completed its 2026 newbuilding program with the delivery of the VLCC DHT Impala from Hyundai Samho Heavy Industries. The company also confirmed the sale and delivery of the older vessel DHT Bauhinia to new owners on July 20, 2026. DHT Holdings, Inc. is an independent crude oil tanker company operating in the maritime shipping industry.