DHT Holdings, Inc. (NYSE: DHT) (DHT) announces that the Company has entered into a three-year time charter with a leading refining company for one of its 2012 built VLCCs that is set to commence post scrubber retrofitting in the fourth quarter this year.
The time charter has a base rate of $30,000 per day with all earnings up to $37,500 to DHT following a profit sharing structure that includes scrubber economics for earnings in excess to be shared between the customer and DHT.
DHT is an independent crude oil tanker company. DHT fleet trades internationally and consists of crude oil tankers in the VLCC segment. The Company operates through our integrated management companies in Monaco, Singapore and Oslo, Norway.