DHT Holdings, Inc. secures one-year time charter for DHT Opal
DHT Holdings (NYSE:DHT) entered a one-year time charter for the VLCC DHT Opal at $90,000 per day.
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Rhea-AI Summary
DHT Holdings (NYSE:DHT) entered a one-year time charter for the VLCC DHT Opal at $90,000 per day. The vessel, built in 2012, is scheduled to commence the charter in February 2026 with a global energy company, providing near-term contract coverage and cash flow visibility.
Positive
- One-year fixed rate of $90,000 per day starting February 2026
- DHT Opal (VLCC) contracted with a global energy company, securing employment
Negative
- Charter term is short (one year), offering limited long-term revenue visibility
Details
News Market Reaction – DHT
On Feb 18, the day this news came out, DHT closed 2.52% above the previous close.
Data tracked by StockTitan Argus for the Feb 18 session.
Key Figures
- DHT Opal charter rate
- $90,000 per day
- One-year time charter commencing February 2026
- Charter duration
- 1 year
- Time charter agreement for VLCC DHT Opal
- Q4 2025 shipping revenues
- $143.9 million
- Quarter ended December 31, 2025; up from $130.8 million prior year
- Q4 2025 net profit / EPS
- $66.1 million / $0.41
- Quarter ended December 31, 2025
- 2025 shipping revenues
- $497.2 million
- Full-year 2025 vs $567.8 million in 2024
- 2025 net profit
- $211.0 million
- Full-year 2025 vs $181.5 million in 2024
- Cash and debt
- $79.0M cash / $428.7M debt / $349.7M net debt
- Balance sheet at December 31, 2025
- Q1 2026 spot booking
- 905 days at $78,900/day vs $18,300/day break-even
- Booked spot days and P&L break-even
Historical Context
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Reported Q4 2025 results with full financial details for investors.
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Announced sale of DHT Bauhinia with expected gain on disposal.
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Scheduled date and call details for upcoming Q4 2025 results.
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Provided Q4 TCE estimates and new multi‑year charter extension details.
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Announced delivery of first of four funded VLCC newbuildings.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
time charter financial
vlcc technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMILTON, BERMUDA, February 18, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced it has entered into a one-year time charter agreement at
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
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