DHT Holdings Reports Q2 2025 Earnings with VLCC Spot Market Rates at $48,700 Per Day and New Time Charter for DHT Bauhinia at $41,500 Per Day

Reuters
07-15
DHT Holdings Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Earnings with VLCC Spot Market Rates at $48,700 Per Day and New Time Charter for DHT Bauhinia at $41,500 Per Day

DHT Holdings, Inc. has released a business update for the second quarter of 2025, reporting estimated time charter equivalent earnings for its fleet at $46,300 per day. This figure is broken down into $48,700 per day for the company's Very Large Crude Carriers (VLCCs) operating in the spot market and $42,800 per day for those on time charter. These estimates are based on 2,003 revenue days for the quarter, with 1,193 of those being spot days. As the third quarter of 2025 progresses, DHT Holdings reports that 53% of its available spot days have been booked at an average rate of $40,100 per day on a discharge-to-discharge basis. Additionally, 73% of the combined available revenue days, including both spot and time-charter days, have been booked at an average rate of $40,300 per day. In a notable development during May 2025, the company entered into a one-year time charter contract for the DHT Bauhinia, a vessel built in 2007, with a global energy company. This contract offers a rate of $41,500 per day, and the DHT Bauhinia was delivered into the contract at the end of May 2025.

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: GNW1001117866-en) on July 14, 2025, and is solely responsible for the information contained therein.

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