DHT Holdings Estimates Q4 Time Charter Equivalent Earnings For Its Fleet At $60,300 Per Day

DHT Holdings, Inc. (NYSE:DHT) ("DHT" or the "Company") today provides the following business update:

For the fourth quarter of 2025, the Company estimates time charter equivalent earnings for its fleet at $60,300 per day, comprising of $69,500 per day for the Company's VLCCs operating in the spot market and $49,400 per day for the Company's VLCCs on time charter. The estimated time charter equivalent earnings are based on 1,955 revenue days for the fourth quarter, of which 1,059 days are spot days.

Thus far in the first quarter of 2026, 45% of the available spot days have been booked at an average rate of $66,300 per day on a discharge-to-discharge basis. 66% of the available revenue days, spot and time-charter days combined, have been booked at an average rate of $51,500 per day.

In early January 2026, the Company extended its time charter agreement for DHT Harrier, built 2016, with a global energy company. The extended contract is for five years with two optional extension periods for one year each. The new time charter will commence immediately upon the expiration of the current time charter. The agreed daily rate is $47,500 for the fixed five-year term, $49,000 for the first optional year, and $50,000 for the second optional year.