rss icon Subscribe
desktop mobile

DHT Holdings Bags 3-Year Time Charter

Pic: DHT Holdings

Shailaja A. Lakshmi

Bermuda-based crude oil tanker company announced that it has entered into a three year time charter with a leading refining company for one of its 2012 built very large crude carriers (VLCC).

The charter will commence after the vessel completes a scrubber retrofit in the fourth quarter of this year, said the New York-traded company.

The time charter has a base rate of $30,000 per day with all earnings up to $37,500 to DHT following a profit sharing structure that includes scrubber economics for earnings in excess to be shared between the customer and DHT.

DHT fleet trades internationally and consists of crude oil tankers in the VLCC segment. It operates through its integrated management companies in Monaco, Singapore and Oslo, Norway.

Aug 13, 2019

 

Tankers

US Refiners Grab HSFO on Back of IMO 2020

© Fotos von Schiffen / Adobe Stock

U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic

Master Fined for Delayed Engine Failure Reporting

© Rene van Quekelberghe / MarineTraffic.com

A tanker captain has been convicted and fined for failing to immediately alert Australian

One Dead, Two Missing in Galveston Ship Collision

The stern of Pappy's Pride appears above the waterline beside the vessel's inflatable life raft after a collision in Galveston, Texas. Coast Guard crews continue to search for two of the four crew members aboard after a collision between the fishing vessel and chemical tanker Bow Fortune. (U.S. Coast Guard photo by Station Galveston)

The US Coast Guard and local authorities on Wednesday continue to search for two fishermen missing

Charter

Safe Bulkers Sells, Leasebacks 8 Vessels

Image: Safe Bulkers

The Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers Safe

Diana Shipping Fixes Astarte with Aquavita

Image: Diana Shipping Inc

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter

Diana Shipping Fixes Ismene with Phaethon

Image: Diana Shipping Inc

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a

Maritime Apps