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DHT drydocks vessels during weak tanker market

Oil freighter DHT saw its bottom line take a plunge in the second quarter. The company is now using the weak tanker market to maintain and retrofit tankers.

Photo: DHT Holding / PR

Tanker carrier DHT, which freights oil via its fleet of super tankers, nearly entered the red due to the weak tanker market in the second quarter.

The company's net result dropped to USD 0.8 million against USD 135.8 million in the second quarter of 2020, reads the earnings report released Tuesday.

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