DHT Holdings to Sell Two VLCCs for $101.6 Million, Expects Net Cash Proceeds of $95 Million
ByAinvest
Monday, Dec 29, 2025 7:37 am ET1min read
DHT--
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.
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