DHT Holdings to Sell Two VLCCs for $101.6 Million, Expects Net Cash Proceeds of $95 Million

DHT Holdings has agreed to sell two VLCCs, DHT China and DHT Europe, for a combined price of $101.6 million. After debt repayment, the transaction is expected to generate net cash proceeds of around $95 million and record gains of $30.4 million and $29.7 million, respectively. Both vessels were built in 2007 and are expected to be delivered in Q1 2026. The deal is seen as a positive step for the company.