DHT Holdings, Inc.: Business Update
09 Oktober 2024 - 10:15PM
HAMILTON, BERMUDA, October 9, 2024 – DHT Holdings, Inc.
(NYSE:DHT) (“DHT” or the “Company”) today provides the following
business update:
For the third quarter of 2024, the Company estimates time
charter equivalent earnings for its fleet at $42,400 per day,
comprising of $43,700 per day for the Company’s VLCCs operating in
the spot market and $38,800 per day for the Company’s VLCCs on
time-charter. The estimated time charter equivalent earnings are
based on 2,184 revenue days for the third quarter, of which 1,622
days are spot days.
Thus far in the fourth quarter of 2024, 32% of the available
spot days have been booked at an average rate of $37,000 per day on
a discharge-to-discharge basis. 50% of the available revenue days,
spot and time-charter days combined, have been booked at an average
rate of $39,200 per day.
In the third quarter of 2024, the Company entered into a
one-year time charter contract for DHT Lion, built 2016. The time
charter contract has a rate of $55,000 per day.
About DHT Holdings, Inc.DHT is an independent
crude oil tanker company. Our fleet trades internationally and
consists of crude oil tankers in the VLCC segment. We operate
through our integrated management companies in Monaco, Norway,
Singapore, and India. You may recognize us by our renowned business
approach as an experienced organization with focus on first rate
operations and customer service; our quality ships; our prudent
capital structure that promotes staying power through the business
cycles; our combination of market exposure and fixed income
contracts for our fleet; our counter cyclical philosophy with
respect to investments, employment of our fleet, and capital
allocation; and our transparent corporate structure maintaining a
high level of integrity and good governance. For further
information please visit www.dhtankers.com.
Forward Looking StatementsThis press release
contains certain forward-looking statements and information
relating to the Company that are based on beliefs of the Company’s
management as well as assumptions, expectations, projections,
intentions and beliefs about future events. When used in this
document, words such as “believe,” “intend,” “anticipate,”
“estimate,” “project,” “forecast,” “plan,” “potential,” “will,”
“may,” “should” and “expect” and similar expressions are intended
to identify forward-looking statements but are not the exclusive
means of identifying such statements. These statements reflect the
Company’s current views with respect to future events and are based
on assumptions and subject to risks and uncertainties. Given these
uncertainties, you should not place undue reliance on these
forward-looking statements. These forward-looking statements
represent the Company’s estimates and assumptions only as of the
date of this press release and are not intended to give any
assurance as to future results. For a detailed discussion of the
risk factors that might cause future results to differ, please
refer to the Company’s Annual Report on Form 20-F, filed with the
SEC on March 20, 2024.
The Company undertakes no obligation to publicly update or
revise any forward-looking statements contained in this press
release, whether as a result of new information, future events or
otherwise, except as required by law. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed
in this press release might not occur, and the Company’s actual
results could differ materially from those anticipated in these
forward-looking statements.
Contact:Laila C. Halvorsen, CFOPhone: +1 441 295 1422 and
+47 984 39 935 E-mail: lch@dhtankers.com
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