DHT Holdings (DHT) Issues Business Update

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DHT Holdings, Inc. Business Update

January 17, 2024 4:15 PM UTC

HAMILTON, BERMUDA, January 17, 2024 DHT Holdings, Inc. (NYSE: DHT) (DHT or the Company) today provides the following business update:

The Company estimates its P&L break-even level for the fleet on average for 2024 to be $27,500 per day, the threshold for net income, and for when dividends are paid.

The Company has improved its estimated cash break-even levels for the fleet for 2024 to $18,600 per day for the fleet as a whole, and to $13,800 per day for the fleet trading in the spot market. This improvement has been achieved by utilizing the liquidity from our lowest... More