Press Releases March 30, 2026

DHT Holdings, Inc. Strategic Fleet Update

DHT Holdings Enhances Fleet with New VLCC Delivery and Asset Refresh

By Jordan Park DHT
DHT Holdings, Inc. Strategic Fleet Update
DHT

DHT Holdings, Inc. announced the delivery of the DHT Gazelle, a new Very Large Crude Carrier (VLCC), continuing its fleet modernization program. The new vessel will start a long-term time charter with a major oil company, and the company has completed the sale of two older vessels as part of its fleet renewal strategy. These moves are aimed at improving the company's earnings power, fleet efficiency, and market service offerings.

Key Points

  • DHT received the DHT Gazelle, third in a series of four new VLCCs arriving in H1 2026, leased under a 5-7 year charter to a major oil company.
  • The company sold older vessels (DHT China and scheduled sale of DHT Bauhinia) as part of its fleet renewal program.
  • The fleet modernization supports enhanced earnings, operational efficiency, and service capabilities in the crude oil tanker sector.

HAMILTON, BERMUDA, March 30, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) continues its fleet modernization program with two key vessel announcements today.

The Company has taken delivery of the DHT Gazelle, a VLCC newbuilding from Hyundai Samho Heavy Industries. The vessel, which is the third in a series of four deliveries during the first half of 2026, will commence a five- to seven-year time charter contract with a major oil company.

In its planned fleet renewal, DHT also confirms the delivery of the DHT China (built 2007) to its new owners today.  

The fourth and final newbuilding in the Antilope-class is expected in June 2026, aligning with the earlier announced sale and scheduled mid-year delivery of the DHT Bauhinia (built 2007).

The fully funded state-of-the-art newbuildings enhance the Company’s earnings power, fleet efficiency, and service offerings.

About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate governance. For further information please visit www.dhtankers.com.

Forward Looking Statements
This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 19, 2026.

The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.

Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: [email protected]


Risks

  • Dependence on long-term charter contracts which may be subject to counterparty risk or market fluctuations.
  • Risks inherent to shipping industry cycles, including volatility in crude oil transport demand and freight rates.
  • Uncertainties related to forward-looking statements including economic conditions, regulatory changes, and operational risks as detailed in the company’s SEC filings.

More from Press Releases

Jena Acquisition Corporation II Announces Non-Compliance with Section 802.01B of the NYSE Listed Company Manual which Requires the Company to Maintain a Minimum of 300 Public Stockholders Apr 3, 2026 Midland States Bancorp, Inc. To Announce First Quarter 2026 Financial Results On Thursday, April 23 Apr 3, 2026 Inhibikase Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) Apr 3, 2026 Multi-Sensor Data Labeling and AI Data Operations: What Enterprise AV Teams Apr 3, 2026 Wix Announces Final Results of Modified Dutch Auction Tender Offer Apr 3, 2026