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Hamilton, Bermuda - 14 July 2026
DHT Holdings, Inc. (NYSE:DHT) ("DHT" or the "Company") today provides the following business update:
For the second quarter of 2026, the Company estimates time charter equivalent ("TCE") earnings for its fleet at $126,700 per day, comprising $162,600 per day for the Company's VLCCs operating in the spot market and $90,800 per day for the Company's VLCCs on time charter. These estimated TCE earnings are based on 2,012 revenue days during the quarter, of which 1,007 days were spot days.
Thus far in the third quarter of 2026, approximately 48% of the available spot days have been booked at an average rate of $139,700 per day on a discharge-to-discharge basis. In total, 74% of the available revenue days, including both spot and time-charter days, have been booked at an average rate of $94,300 per day.
In July, the Company entered into a 3-year time charter agreement at $75,000 per day for the VLCC DHT Jaguar, built in 2015. The contract is expected to commence in September 2026 and has been concluded with a global energy company.
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 fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate governance. For further information please visit www.dhtankers.com.
DHT Holdings, Inc. press release
