DHT Holdings, Inc.: Business Update
DHT Holdings, Inc. (NYSE:DHT) has provided a business update for the third quarter of 2024. The company estimates time charter equivalent earnings for its fleet at $42,400 per day, with VLCCs in the spot market earning $43,700 per day and time-chartered VLCCs earning $38,800 per day. This estimate is based on 2,184 revenue days, including 1,622 spot days.
For the fourth quarter of 2024, 32% of available spot days have been booked at an average rate of $37,000 per day on a discharge-to-discharge basis. Additionally, 50% of total available revenue days (spot and time-charter combined) have been secured at an average rate of $39,200 per day.
The company also announced a one-year time charter contract for DHT Lion, a vessel built in 2016, at a rate of $55,000 per day.
DHT Holdings, Inc. (NYSE:DHT) ha fornito un aggiornamento aziendale per il terzo trimestre del 2024. L'azienda stima guadagni equivalenti ai noleggi a tempo per la sua flotta di $42.400 al giorno, con le VLCC nel mercato spot che guadagnano $43.700 al giorno e le VLCC noleggiate a tempo che guadagnano $38.800 al giorno. Questa stima si basa su 2.184 giorni di fatturato, inclusi 1.622 giorni nel mercato spot.
Per il quarto trimestre del 2024, il 32% dei giorni disponibili nel mercato spot è stato prenotato a un tasso medio di $37.000 al giorno su base scarico-a-scarico. Inoltre, il 50% dei giorni di fatturato totali disponibili (spot e noleggio a tempo combinati) è stato assicurato a un tasso medio di $39.200 al giorno.
L'azienda ha anche annunciato un contratto di noleggio a tempo di un anno per la DHT Lion, una nave costruita nel 2016, a una tariffa di $55.000 al giorno.
DHT Holdings, Inc. (NYSE:DHT) ha proporcionado una actualización empresarial para el tercer trimestre de 2024. La compañía estima ingresos equivalentes a chárter por tiempo para su flota de $42,400 por día, con los VLCC en el mercado spot ganando $43,700 por día y los VLCC chárterizados por tiempo ganando $38,800 por día. Esta estimación se basa en 2,184 días de ingresos, incluidos 1,622 días en el mercado spot.
Para el cuarto trimestre de 2024, el 32% de los días disponibles en el mercado spot han sido reservados a una tarifa promedio de $37,000 por día en base de descarga a descarga. Además, el 50% del total de días de ingresos disponibles (combinando spot y chárter a tiempo) han sido asegurados a una tarifa promedio de $39,200 por día.
La compañía también anunció un contrato de chárter por tiempo de un año para el DHT Lion, un buque construido en 2016, a una tarifa de $55,000 por día.
DHT Holdings, Inc. (NYSE:DHT)는 2024년 3분기 비즈니스 업데이트를 제공했습니다. 회사는 자사의 선대에 대해 시간 용선 수익이 $42,400 하루당에 이를 것으로 예상하고 있으며, 스팟 시장에서 VLCC가 하루당 $43,700를 벌고, 시간 용선된 VLCC는 하루당 $38,800를 벌고 있습니다. 이 예상은 2,184 영업일을 기준으로 하며, 이 중 1,622일은 스팟 거래입니다.
2024년 4분기 동안 가능한 스팟 일수의 32%가 평균 $37,000 하루당으로 예약되었습니다. 또한 총 가능한 영업일의 50% (스팟 및 시간 용선 포함)이 평균 $39,200 하루당으로 확보되었습니다.
회사는 2016년에 건조된 선박 DHT Lion에 대해 1년 시간 용선 계약을 발표했으며, 요금은 $55,000 하루당입니다.
DHT Holdings, Inc. (NYSE:DHT) a fourni une mise à jour commerciale pour le troisième trimestre de 2024. La société estime que les revenus équivalents au temps de charte pour sa flotte s'élèvent à 42 400 $ par jour, avec les VLCC sur le marché spot gagnant 43 700 $ par jour et les VLCC en location à temps gagnant 38 800 $ par jour. Cette estimation est basée sur 2 184 jours de revenus, y compris 1 622 jours sur le marché spot.
Pour le quatrième trimestre de 2024, 32 % des jours de marché spot disponibles ont été réservés à un taux moyen de 37 000 $ par jour sur une base de déchargement à déchargement. De plus, 50 % du total des jours de revenus disponibles (spot et location à temps combinés) ont été sécurisés à un taux moyen de 39 200 $ par jour.
L'entreprise a également annoncé un contrat de location à temps d'un an pour le DHT Lion, un navire construit en 2016, à un taux de 55 000 $ par jour.
DHT Holdings, Inc. (NYSE:DHT) hat ein Geschäftsupdate für das dritte Quartal 2024 bereitgestellt. Das Unternehmen schätzt, dass die Zeitcharteräquivalenteinnahmen für seine Flotte bei 42.400 $ pro Tag liegen, wobei VLCCs im Spotmarkt 43.700 $ pro Tag verdienen und zeitlich gecharterte VLCCs 38.800 $ pro Tag einbringen. Diese Schätzung basiert auf 2.184 Umsatz-Tagen, einschließlich 1.622 Spot-Tagen.
Für das vierte Quartal 2024 wurden 32 % der verfügbaren Spot-Tage zu einem durchschnittlichen Satz von 37.000 $ pro Tag auf einer Entladung-zu-Entladung-Basis gebucht. Darüber hinaus wurden 50 % der insgesamt verfügbaren Umsatz-Tage (Spot und Zeitcharter kombiniert) zu einem durchschnittlichen Satz von 39.200 $ pro Tag gesichert.
Das Unternehmen gab außerdem einen einjährigen Zeitchartervertrag für die DHT Lion bekannt, ein 2016 gebautes Schiff, zu einem Satz von 55.000 $ pro Tag.
- Time charter equivalent earnings for Q3 2024 estimated at $42,400 per day
- VLCCs in spot market earned $43,700 per day in Q3 2024
- 50% of Q4 2024 available revenue days booked at $39,200 per day
- New one-year time charter contract for DHT Lion at $55,000 per day
- Q4 2024 spot rates ($37,000 per day) lower than Q3 2024 spot rates ($43,700 per day)
Insights
The latest business update from DHT Holdings reveals strong performance in the VLCC (Very Large Crude Carrier) market. The company's estimated time charter equivalent (TCE) earnings of
Looking ahead, Q4 2024 bookings are also promising, with
The new one-year time charter for DHT Lion at
Overall, DHT's performance reflects a robust tanker market, likely driven by global oil trade dynamics and geopolitical factors. Investors should view this update positively, as it indicates strong cash flow generation and potential for improved shareholder returns.
HAMILTON, BERMUDA, October 9, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today provides the following business update:
For the third quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at
Thus far in the fourth quarter of 2024,
In the third quarter of 2024, the Company entered into a one-year time charter contract for DHT Lion, built 2016. The time charter contract has a rate of
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 segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect to investments, employment of our fleet, and capital allocation; and our transparent corporate structure maintaining a high level of integrity and good governance. For further information please visit www.dhtankers.com.
Forward Looking Statements
This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 20, 2024.
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. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.
Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com
FAQ
What were DHT Holdings' estimated time charter equivalent earnings for Q3 2024?
How much did DHT's VLCCs earn in the spot market during Q3 2024?
What percentage of Q4 2024 spot days has DHT booked so far?
What new time charter contract did DHT Holdings (DHT) secure in Q3 2024?
