DHT Holdings' Fleet Composition Sets It Up for Success in Rising Spot Rates

DHT Holdings' strategic fleet composition is helping it capitalize on surging spot rates in the crude oil tanker market. The company's entire fleet is made up of Very Large Crude Carriers (VLCCs), with 4 new ones expected next year. Successful scrapping of old vessels has also contributed to the positive trend. DHT's strong position in the market is expected to continue, driven by robust demand and limited newbuilding deliveries.