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DHT Holdings, Inc. announces delivery of VLCC newbuilding

DHT Holdings (NYSE:DHT) announced delivery of a VLCC newbuilding on January 2, 2026.

(Neutral)

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Rhea-AI Summary

DHT Holdings (NYSE:DHT) announced delivery of a VLCC newbuilding on January 2, 2026. The vessel, named DHT Antelope, is entering the spot market and is the first of a series of four VLCC newbuildings scheduled for delivery during the first half of 2026. The company says the newbuildings are fully funded and will increase its customer offerings and earnings power. The next newbuilding is scheduled to deliver early March 2026.

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Positive

  • 1 of 4 VLCC newbuildings delivered on Jan 2, 2026
  • Vessel DHT Antelope entering the spot market
  • Newbuildings are reported as fully funded, reducing financing risk

Negative

  • None.
Argus Jan 2 session
-3.85% close to close Open Argus
Details

News Market Reaction – DHT

On Jan 2, the day this news came out, DHT closed 3.85% below the previous close.

Data tracked by StockTitan Argus for the Jan 2 session.

Key Figures

VLCC newbuildings: 4 vessels First delivery timing: First half 2026 Next delivery: Early March 2026
VLCC newbuildings
4 vessels
Series of VLCC newbuildings delivering in first half of 2026
First delivery timing
First half 2026
Delivery window for four VLCC newbuildings
Next delivery
Early March 2026
Scheduled delivery of second VLCC newbuilding

Historical Context

5 past events · Latest: Dec 29
5 events
  1. Dec 29

    Vessel sale

    24h Move
    +0.7%

    Sale of two VLCCs generating significant net cash proceeds and gains.

  2. Oct 29

    Earnings release

    24h Move
    +0.4%

    Release of full Q3 2025 financial report and statements.

  3. Oct 15

    Earnings preview

    24h Move
    +4.1%

    Announcement of Q3 2025 results date and investor call details.

  4. Oct 13

    Board change

    24h Move
    -1.6%

    CEO added to Board, reinforcing executive representation at director level.

  5. Oct 13

    Regulatory response

    24h Move
    -1.6%

    Response to China port fee announcement and clarification of corporate structure.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

vlcc, spot market
2 terms
vlcc technical
"has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd."
A VLCC is a very large crude carrier — one of the biggest types of oil tankers used to move crude oil across oceans. Think of it as a giant delivery truck on water that carries millions of gallons of raw oil between producing regions and refineries; changes in how many VLCCs are available or how much it costs to operate them can affect shipping rates, oil supply flows and margins, and therefore the revenues and valuations of energy and shipping companies.
spot market financial
"The vessel is named DHT Antelope and is entering the spot market."
The spot market is where assets—like stocks, commodities, or currencies—are exchanged for immediate delivery and payment at the current market price. It matters to investors because spot prices reflect real-time supply and demand, guide short-term trading decisions, and serve as the baseline for contracts and valuations; think of it as buying an item at the store right now instead of ordering it for later.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HAMILTON, BERMUDA, January 2, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces that it today has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the Company during the first half of 2026. The newbuildings are fully funded and will increase the Company’s customer offerings and earnings power. The next newbuilding is scheduled to deliver early March 2026.

About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate governance. For further information please visit www.dhtankers.com.

Forward Looking Statements
This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 20, 2025.

The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.

Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com


 


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did DHT announce on January 2, 2026 regarding fleet deliveries?

DHT announced delivery of the VLCC DHT Antelope, the first of four VLCC newbuildings due in H1 2026.

Will the delivered VLCC DHT Antelope enter spot or time-charter operations for DHT (DHT)?

The company said the vessel is entering the spot market.

How are DHT's newbuildings funded according to the January 2, 2026 announcement?

DHT stated the newbuildings are fully funded.

When is the next DHT VLCC newbuilding scheduled to deliver after DHT Antelope?

The next newbuilding is scheduled to deliver early March 2026.

How will the new VLCC deliveries affect DHT's offerings and earnings (NYSE:DHT)?

The company said the deliveries will increase its customer offerings and earnings power.

How many VLCC newbuildings will DHT receive in the first half of 2026?

DHT expects to receive a total of four VLCC newbuildings during the first half of 2026.

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