DHT Holdings Inc. Announces Acquisition of 2018-Built VLCC for $107 Million

Reuters

06-19

DHT Holdings Inc. Announces Acquisition of 2018-Built VLCC for $107 Million

DHT Holdings, Inc. $(DHT)$ has announced an agreement to acquire a Very Large Crude Carrier (VLCC) built in 2018 at Hyundai Heavy Industries for $107 million. The acquisition is expected to be completed by the end of the third quarter of 2025. The vessel, which features an advanced exhaust gas cleaning system, will be financed through DHT's available liquidity and projected mortgage debt. According to Svein Moxnes Harfjeld, DHT's President & CEO, this move aims to enhance the company's fleet efficiency and replace some of the earnings capacity that has been divested earlier this year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DHT Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001103777-en) on June 19, 2025, and is solely responsible for the information contained therein.

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Announces Acquisition of 2018-Built VLCC for $107 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      DHT Holdings Inc. Announces Acquisition of 2018-Built VLCC for $107 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DHT Holdings, Inc. <a href=\"https://laohu8.com/S/DHT\">$(DHT)$</a> has announced an agreement to acquire a Very Large Crude Carrier (VLCC) built in 2018 at Hyundai Heavy Industries for $107 million. The acquisition is expected to be completed by the end of the third quarter of 2025. The vessel, which features an advanced exhaust gas cleaning system, will be financed through DHT's available liquidity and projected mortgage debt. 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Announces Acquisition of 2018-Built VLCC for $107 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-19 23:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      DHT Holdings Inc. 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ID: GNW1001103777-en) on June 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250619:nNDL6T6nXK:1","article_id":"2544119160","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544119160","pubTimestamp":1750345457,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"DHT Holdings, Inc.  has announced an agreement to acquire a Very Large Crude Carrier  built in 2018 at Hyundai Heavy Industries for $107 million. 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Announces Acquisition of 2018-Built VLCC for $107 Million\n    \n\n        DHT Holdings, Inc. $(DHT)$ has announced an agreement to acquire a Very Large Crude Carrier (VLCC) built in 2018 at Hyundai Heavy Industries for $107 million. The acquisition is expected to be completed by the end of the third quarter of 2025. The vessel, which features an advanced exhaust gas cleaning system, will be financed through DHT's available liquidity and projected mortgage debt. According to Svein Moxnes Harfjeld, DHT's President & CEO, this move aims to enhance the company's fleet efficiency and replace some of the earnings capacity that has been divested earlier this year.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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