After a year characterized by deficits, DHT Holdings now looks to have moved on from the disappointing results. In the first quarter 2015, the VLCC-focused carrier delivered a net result of USD 23.2 million, thus continuing the trend from the fourth quarter 2014, which was the first profitable quarter for the carrier in 2014, according to the interim report.
The operating profit came to USD 51.0 million, and the carrier's largest tanker vessels, the VLCCs, especially contributed to profits in the spot market with time charter equivalents (TCE) of USD 60,300 per day in the first three months of the year, reports DHT Holdings.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Three closed OW Bunker companies pay creditors major sum
The clean-up following OW Bunker’s collapse continues. Three shut-down OW Bunker subsidiaries in the US now return a large million-dollar sum to creditors.
DHL warns of "tidal wave" in supply chains after Shanghai reopening
When Shanghai at some point reopens, the pressure on supply chains will be enormous. CEO of DHL Global Forwarding does not expect freight market normalization before 2023.
Hafnia, Svitzer and 25 other players to attract talents to shipping
27 companies join forces in effort to attract more talents to shipping, both on land and at sea. The initiative was launched in Zürich Tuesday.
ECSA's new secretary general balances on a razor's edge
ECSA’s newly appointed secretary general, Sotirs Raptis, has taken up the helm of an organization criticized by its own members for being invisible. In an interview with ShippingWatch, Raptis explains how he intends to alter that image.
BW Epic Kosan believes in LPG growth following large progress in results
BW Epic Kosan, a merger between Lauritzen Kosan and Epic Gas, increased both revenue and operating result by more than 50% in Q1. The gas carrier believes in growth for sea transportation of liquefied petroleum gas this year.
Team Manager 
Port Director for the Port of Kolding 
Marine Sales Executive - Performance Coatings 
Marine Superintendent 
Senior Finance Business Partner