DHT Holdings Adds Second VLCC Newbuilding, DHT Addax, to Spot Fleet
DHT Holdings took delivery of its second VLCC newbuilding, DHT Addax, from Hanwha Ocean, which is now deployed to the spot market. This vessel is the second of four fully funded VLCCs scheduled for first-half 2026 delivery, bolstering DHT’s fleet capacity and earnings potential.
1. Second VLCC Delivery
DHT Holdings has taken delivery of its second VLCC newbuilding, named DHT Addax, constructed by Hanwha Ocean. The vessel joins the company’s fleet and is immediately entering the spot market.
2. Fully Funded Four-Vessel Program
The DHT Addax is the second in a series of four VLCC newbuildings scheduled for delivery during the first half of 2026. All four vessels are fully funded, reflecting the company’s disciplined capital allocation strategy.
3. Enhanced Market Exposure and Earnings
Deployment of the DHT Addax expands the company’s customer offerings and strengthens earnings power through increased spot market exposure. The third newbuilding delivery is slated for late March 2026.