DHT Holdings seals three-year VLCC charter

DHT Holdings seals three-year VLCC charter

NYSE-listed DHT Holdings has sealed a three-year charter for one of its three 2012-built VLCCs.

The charter, with an unnamed refining company, will commence after the vessel completes a scrubber retrofit in the fourth quarter of this year. The charter has a base rate of $30,000 per day, with room to move up to $37,500 per day based on a profit sharing structure that includes scrubber economics.

DHT Holdings, now 33.5% owned by Singapore’s BW Group, moved its management structure from Oslo to Singapore earlier this year. The company owns a fleet of 27 VLCCs.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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