DHT Holdings (DHT) entered into an agreement to sell the DHT China and the DHT Europe for a combined price of $101.6M. Both vessels were built at Hyundai in 2007. The vessels are expected to be delivered to the new owner during the first quarter of 2026. After repayment of existing debt on the vessels, amounting to $5.6M in aggregate, the transaction is expected to generate net cash proceeds of approximately $95M. The Company expects to record gains of $30.4M and $29.7M respectively to the sales.
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