DHT Holdings, Inc. announces time charters for six of its VLCCs
HAMILTON, BERMUDA, April 1, 2020 – DHT Holdings, Inc. (NYSE: DHT) (the "Company") announces time charters for six of its VLCCs.
DHT has entered into time charter contracts for six of its VLCCs. All six ships have contracts with firm periods of 12 months at an average fixed daily hire of $67,300 per day with prompt delivery.
| Vessel | Year built | Fixed period | Optional period |
| DHT Lake | 2004 | 12 months | 6 months |
| DHT Raven | 2004 | 12 months | 6 months |
| DHT Scandinavia | 2006 | 12 months | 3 months |
| DHT Bauhinia | 2007 | 12 months | 6 months |
| DHT Edelweiss | 2008 | 12 months | 6 months |
| DHT Lion | 2016 | 12 months | No option |
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, Singapore and Oslo, Norway. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet, a counter cyclical philosophy with respect to investments, employment of our fleet and capital allocation and a transparent corporate structure maintaining a high level of integrity and good governance. For further information:
Forward Looking Statements
This 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 DHT’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 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 25, 2020.
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.
CONTACTS:
DHT Holdings, Inc.
Laila C. Halvorsen
CFO
Phone: +1 441 295 1422 and
E-mail:
Wilhelm Flinder
Manager, Investor Relations & Business Analysis
Phone: +1 441 295 1422 and
E-mail:
