DHT Adds Newbuild, Offloads Suezmax

New York-listed tanker owner DHT Holdings, Inc. has taken delivery today of a VLCC newbuilding from South Korean shipbuilder Hyundai Heavy Industries.

The vessel is named DHT Leopard and is entering the spot market. It is the second of a series of six VLCC newbuildings to be delivered to the company from November 2015 to October 2016.

DHT Holdings said that the newbuildings are all fully funded and are expected to contribute greatly to the company’s earnings power. The next newbuilding is scheduled to deliver early April 2016.

In a separate announcement, DHT said that on December 30, 2015, it sold the DHT Trader, a 2000 built Suezmax for USD 26.5 million.

As informed, the entire net proceeds are applied to repay debt under the RBS facility and are in support of the company’s announced capital allocation policy. The company said that the sale will result in a loss of USD 0.8 million, which will be recorded in the fourth quarter 2015.

Share this article

Follow World Maritime News

In Depth>


<< Sep 2019 >>
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Defence Safety Conference 2019

The Defence Safety Conference returns to London this October as the only event solely dedicated to enhancing safety across all aspects of defence.

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

3rd MarSat Workshop

The MARSAT project wants to operationalise and standardise EO products and aims to develop…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >