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>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >