DHT Holdings Reports Q3 2026 Earnings and Outlook

HAMILTON, BERMUDA, October 12, 2026 /CourierPR/ -- DHT Holdings, Inc., an independent crude oil tanker company, has released a business update for the third quarter of 2026. The company estimates that its fleet generated time charter equivalent (TCE) earnings of $141,300 per day. This figure is broken down into $167,100 per day for the company’s Very Large Crude Carrier (VLCC) vessels operating in the spot market and $114,200 per day for the VLCCs on time charter. These estimates are based on 2,055 revenue days during the quarter, with 1,054 of those days being spot days.

Looking ahead to the fourth quarter of 2026, approximately 50% of the available spot days have been booked at an average rate of $509,100 per day on a discharge-to-discharge basis. Overall, about 78% of the available revenue days, including both spot and time-charter days, are estimated to generate an average rate of $225,200 per day.

DHT Holdings, Inc. operates through its wholly owned management companies in Monaco, Norway, Singapore, and India. The company focuses on first-rate operations and customer service, maintaining a high level of integrity and corporate governance. Its fleet consists of crude oil tankers in the VLCC segment, and the company employs a combination of market exposure and fixed income contracts to manage its operations.

The company’s business update also highlights its financial performance, noting the TCE earnings for the third quarter of 2026. Specifically, the earnings are derived from a combination of spot market and time charter operations, with the spot market contributing significantly to the overall earnings.

For the fourth quarter, the company has seen a promising start with approximately 50% of the available spot days already booked at a high rate of $509,100 per day. This suggests a strong demand for spot market operations, which could bode well for the remainder of the quarter. Additionally, the company estimates that 78% of the available revenue days, including both spot and time-charter days, will generate an average rate of $225,200 per day. This comprehensive outlook indicates a balanced approach to revenue generation, leveraging both market exposure and fixed income contracts.

DHT Holdings, Inc. is known for its renowned business approach, characterized by a focus on first-rate operations and customer service. The company also prides itself on its quality ships, prudent capital structure, and disciplined capital allocation strategy. Through cash dividends, investments in vessels, debt prepayments, and share buybacks, the company aims to enhance shareholder value and maintain a strong financial position.

The company’s forward-looking statements are based on beliefs of the management and are subject to risks and uncertainties. The statements reflect the company’s current views with respect to future events and are based on assumptions, expectations, projections, intentions, and beliefs. 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.