DHT Holdings sees Q4 TCE earnings for fleet $42,800 per day

DHT Holdings provides the following business update: For the fourth quarter of 2023, the Company estimates time charter equivalent earnings for its fleet at $42,800 per day, comprising of $39,600 per day for the Company’s VLCCs on time-charter and $43,600 per day for the Company’s VLCCs operating in the spot market. Thus far in the first quarter of 2024, 50% of the available VLCC spot days have been booked at an average rate of $56,300 per day on a discharge-to-discharge basis. 61% of the available VLCC days, spot and time-charter days combined, have been booked at an average rate of $48,900 per day.