DHT Holdings acquires VLCC built in 2018 for $107M

DHT Holdings (DHT) announces that it has entered into an agreement to acquire a VLCC built in 2018 at Hyundai Heavy Industries for $107M. The vessel is scheduled to deliver towards the end of Q3. The acquisition will be financed through the company’s available liquidity and projected mortgage debt. “The vessel was built to a high specification by its current owner and is fitted with an exhaust gas cleaning system. The acquisition will improve DHT’s age profile and will further improve the DHT fleet’s efficiency metrics,” said DHY