DHT Holdings (DHT) Sells DHT Scandinavia

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Go back to DHT Holdings (DHT) Sells DHT Scandinavia

DHT Holdings, Inc. announces sale of the DHT Scandinavia

December 12, 2024 4:15 PM EST

HAMILTON, BERMUDA, December 12, 2024 DHT Holdings, Inc. (NYSE: DHT) (DHT or the Company) has entered into agreement to sell the DHT Scandinavia, a 2006 built VLCC, for $43.4 million. The Company expects to deliver the vessel to its new owner in January 2025. The vessel has no outstanding bank debt and the sale proceeds will be allocated to general corporate purpose, hereunder investments in vessels, share buy-backs or prepayment of debt. The sale will reduce the average age of the Companys fleet and improve its AER, EEOI and CII metrics. 

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