ShippingWatch

DHT reports deficit in continuously tough tanker market

As expected, the problems seem to continue for the crude oil carriers in the second quarter. As the first major tanker carrier, DHT Holdings just published its interim report, which shows VLCC rates below analysts expectations.

Photo: DHT Holdings

2018 has so far been a tough year for crude oil carriers, which are struggling with too many ships and weak oil freight demand.

And the latest interim report from DHT Holdings clearly shows that the problems have, as expected, continued into the second quarter.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

"Mixed lobbying" hinders Maersk from elite status on climate efforts

Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.

Danske Bank makes commitment to CO2 neutral loan portfolio by 2050

By 2050 at the latest, Danske Bank's loan portfolio must be fully CO2 neutral. The bank, which provides loans to shipping as well as the oil and gas sector and also supports the Poseidon Principles, isn't ready yet to set out short-term intermediate targets on the road towards CO2 neutrality.

Further reading

Related articles

Trial banner

Latest news

See all jobs