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Tanker carrier DHT beat expectations

Oslo-based DHT Holdings, which operates a fleet of 30 supertankers, seems to have achieved a significantly better result in a weak period for the tanker market.

Photo: DHT Holdings

In a weak period for the international tanker market overall, listed DHT Holdings, with a fleet of 30 VLCC supertankers, reports an adjusted operating profit (EBITDA) of USD 31.4 million and a net deficit of USD 5.1 million for the third quarter, according to the carrier's interim report.

Oslo-based DHT, which this year welcomed BW Group on board as new major shareholder with a stake of close to one third of the shares, seems to have defied the poor state of the tanker market to achieve a result above expectations.

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