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DHT Holdings lands profit after divestment of ships

Crude oil carrier DHT Holdings turns deficit into profit in Q2 through a ships sale, whereas the company’s business is still affected by low freight rates on large tanker vessels.

Photo: PR / DHT Holdings

Tanker operator DHT Holdings reports a small profit on the bottom line for the second quarter.

That is a positive development following Q1’s deficit, but freight rates on the company’s large VLCC tankers are still low, and the profit is instead due to a divestment of ships.

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