DHT Holdings Inks Charter for Scrubber-Fitted VLCC

DHT Holdings tankerImage Courtesy: DHT Holdings

Bermuda-incorporated tanker owner and operator DHT Holdings has entered into a time charter for one of its scrubber-fitted very large crude carriers (VLCCs).

The deal was signed for a period of three years with an undisclosed refining company.

Under the contract, the company’s 2012-built VLCC would start the employment once it completed its scrubber retrofitting works in the fourth quarter this year.

DHT Holdings said that the time charter has a base rate of USD 30,000 per day with all earnings up to USD 37,500 to the company following a profit sharing structure that includes scrubber economics for earnings in excess to be shared between the customer and DHT.

By 2020, the company plans to have 18 of its 27 very large crude carriers (VLCCs), the third of DHT Holdings’ fleet, fitted with exhaust gas cleaning systems (EGCS). The number comprises of two newbuildings and 16 retrofits, all of which would be fitted with open-loop systems.

DHT Holdings earlier said that the systems can be converted into hybrid systems, however, “we do not expect this to be a likely scenario.” 

Share this article

Follow World Maritime News

In Depth>


<< Aug 2019 >>
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 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

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

read more >

Global Sustainable Shipping Forum 2019

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

read more >