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DHT positions itself as pure-play VLCC owner with aframax pair up for sale

Photo of Sam Chambers Sam ChambersOctober 24, 2018
10 Less than a minute
DHT

DHT Holdings is looking to become a pure-play VLCC owner, and has put its only two aframaxes in the shop window.

Brokers report that the New York-listed tanker major has placed the 2004-built DHT Cathy and 2003-built DHT Sophie – both built at Hyundai Samho in South Korea – up for sale with sources suggesting the company is looking for an en bloc price in the region of $25m.

Last year DHT merged with BW’s VLCC fleet to give it one of the largest supertanker fleets in the world, with 27 VLCCs trading today.

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Photo of Sam Chambers Sam ChambersOctober 24, 2018
10 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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