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DHT Holdings Orders Four New VLCCs
https://tdl.ink/p/516wrote by Raghib . (8 months ago)
https://www.marinelink.com/news/dht-orders-four-vlccs-511876
DHT Holdings has finalized agreements to construct four Very Large Crude Carriers (VLCC) in South Korea, scheduled for delivery between April and December 2026. Two vessels will be built at Hyundai Samho Heavy Industries, and the other two at Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering), with an average cost of $128.5 million each. The contracts also include options for an additional four vessels for potential delivery in the first half of 2027. These VLCCs, designed to Super Eco standards, will feature a carrying capacity of approximately 320,000 metric tons and will be equipped with Exhaust Gas Cleaning Systems, meeting Tier III compliance and possessing class ready notations for multiple fuels. DHT intends to finance the project through operational cash flows, available liquidity, and new mortgage debt. DHT's President and CEO, Svein Moxnes Harfjeld, emphasized the company's commitment to delivering efficient and high-quality ships to meet market demands, noting the favorable outlook for the VLCC sector amid aging fleets and evolving regulatory standards.