BW Group Delivers First VLCC to DHT Holdings

Image Courtesy: BW Group

Crude oil tanker company DHT Holdings has taken delivery of DHT Utik, the first of eleven very large crude carriers (VLCCs) acquired from BW Group.

Previously known as BW Utik, the ship was bought for USD 23.2 million, VesselsValue’s data shows.

The 299,500 dwt tanker was built by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) in 2001.

With a gross tonnage of 157,814 tons, DHT Utik has a length of 332 meters and a width of 58 meters.

On March 23, DHT Holdings signed an agreement with BW Group to buy the eleven ships, including two newbuildings slated for delivery in 2018.

“All nine vessels in the water are expected to be delivered during the second quarter 2017,” the company said.

As a result of the acquisition, DHT will have a fleet with an average age of 6.9 years, consisting of 30 VLCCs, including four newbuildings set for delivery in 2018, and two Aframaxes.

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