DHT Holdings, Inc. ("DHT" or the "Company") has declared its option to construct a VLCC at Hyundai Heavy Industries Co., Ltd. ("HHI") in South Korea with a contract price of $92.7 million, including certain additions and upgrades to the standard specification, the Company said Wednesday in a press release.
The contractual terms are the same as for the two VLCC orders announced in December 2013. Subsequently, the company's current orderbook consist of three VLCCs ordered at HHI that are scheduled for delivery in April, July and September 2016.
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, Aframax and Suezmax segments. We operate out of Oslo, Norway, through our wholly owned management company. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet and a clean corporate structure maintaining a high level of integrity and good governance.
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