DHT Holdings Secures One-Year Charter at $94,000/Day for VLCC Taiga
DHT Holdings has secured a one-year time charter at $94,000 per day for its 2012-built VLCC DHT Taiga, commencing March 2026 with a global energy company. This contract locks in about $34.3 million in revenue and strengthens the fleet’s fixed-income segment.
1. Charter Agreement Details
DHT Holdings has entered into a one-year time charter agreement for the VLCC DHT Taiga, a vessel built in 2012, at a rate of $94,000 per day. The contract is scheduled to commence in March 2026 and has been concluded with a global energy company.
2. Financial Impact
At $94,000 per day over 365 days, the charter is expected to generate approximately $34.3 million in revenue. This fixed-rate agreement will provide predictable earnings for the company’s next fiscal year and reduce exposure to spot market volatility.
3. Strategic Fleet Utilization
This charter fits into DHT’s strategy of balancing market exposure with fixed-income contracts to enhance revenue stability. By securing long-term employment for the Taiga, the company continues its disciplined approach to capital allocation and fleet deployment.