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

Frontline buys 10 Tankers from Trafigura

Frontline will buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million, and may buy a further four vessels later, the two companies announced

StealthGas Adds Vessels, Wins Charters

Pic: StealthGas Inc

StealthGas Inc, the world's largest owner of liquefied petroleum gas (LPG) pressurized carriers in

Seized Stena Bulk Tanker Could be Released Soon

File Image: MarineTraffic.com

Sweden has received "very strong indications" that a British oil tanker seized last month by Iran

Charter

StealthGas Adds Vessels, Wins Charters

StealthGas Inc, the world's largest owner of liquefied petroleum gas (LPG) pressurized carriers in the strategic 3,000-8,000cbm segment,  has expanding its fleet with two

Shell Charters LNG-Powered Tanker Fleet

World’s first LNG-powered crude oil tanker (courtesy of SCF Group)

Shell Tankers (Singapore) Private Ltd has agreed a long-term deal to charter a fleet of 10 LNG

YPF to Ship Argentine LNG

Pic: Excelerate Energy L.P.

Argentine oil company YPF reached a preliminary agreement with Texas-based Excelerate Energy to

Maritime Apps