DHT Holdings, Inc. announces sale of DHT Bauhinia
Rhea-AI Summary
DHT Holdings (NYSE:DHT) entered into an agreement to sell the DHT Bauhinia, built in 2007, for $51.5 million.
The vessel is debt free, expected to be delivered to the new owner in June/July 2026, and the company expects to record a $34.2 million gain on the sale.
Positive
- Sale proceeds of $51.5 million
- Expected $34.2 million gain on sale
- Vessel is debt free at time of sale
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
DHT gained 2.03% while peers showed mixed, mostly positive moves: TNK (+0.39%), GLP (+1.81%), LPG (+1.71%), NVGS (+1.30%), and FLNG (-0.45%). With no peers in the momentum scanner and mixed directions, today’s move appears more stock-specific than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 21 | Earnings date set | Neutral | +0.0% | Announced timing for Q4 2025 earnings release and conference call. |
| Jan 14 | Business update | Positive | -3.2% | Provided Q4 2025 TCE metrics and time-charter extensions for VLCC fleet. |
| Jan 02 | Newbuilding delivery | Positive | -3.9% | Delivered DHT Antelope, first of four fully funded VLCC newbuildings. |
| Dec 29 | VLCC asset sales | Positive | +0.7% | Sold two 2007-built VLCCs with expected gains on sale and net cash proceeds. |
| Oct 29 | Q3 2025 results | Neutral | +0.4% | Released Q3 2025 financial results and detailed statements via 6-K filing. |
Recent operational and fleet news often produced muted or even negative next-day reactions, with occasional alignment on asset sale updates.
Over the last few months, DHT has reported several fleet and business updates. On Dec 29, 2025, it announced the sale of two VLCCs for $101.6 million, which saw a modest 0.65% gain. A VLCC newbuilding delivery on Jan 2, 2026 and a business update on Jan 14, 2026 both coincided with declines of 3.85% and 3.21%, respectively. The upcoming Q4 2025 earnings date announcement on Jan 21, 2026 had no price reaction. Today’s vessel sale fits into this ongoing fleet-optimization narrative.
Market Pulse Summary
This announcement details the sale of the 2007-built DHT Bauhinia for $51.5 million, with an expected gain of $34.2 million and no associated vessel debt. It continues a theme of active fleet management following earlier VLCC sales and newbuilding deliveries. Investors may track how proceeds and gains are reflected in upcoming results, how the fleet mix evolves through 2026 deliveries, and how these steps interact with previously disclosed trading updates.
AI-generated analysis. Not financial advice.
HAMILTON, BERMUDA, January 30, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces that it has entered into an agreement to sell the DHT Bauhinia, built in 2007, for a price of
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
What did DHT (NYSE:DHT) announce about the DHT Bauhinia sale on January 30, 2026?
When will the DHT Bauhinia be delivered to the new owner and how does that affect timing?
How much gain does DHT expect to record from the DHT Bauhinia sale and what does that number represent?
Is the DHT Bauhinia subject to debt and why does that matter for shareholders of DHT (NYSE:DHT)?
