DHT Holdings, Inc. secures one-year time charter for DHT Opal
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
News Market Reaction
On the day this news was published, DHT gained 2.52%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
DHT is up 2.26% with stronger volume. Momentum data show only one peer (TRMD) moving up ~2.09%, while other tanker peers in the sector list show mixed moves, suggesting a stock-specific reaction to this charter news rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 04 | Q4 2025 earnings | Positive | +2.1% | Reported Q4 2025 results with full financial details for investors. |
| Jan 30 | Vessel sale | Positive | +1.6% | Announced sale of DHT Bauhinia with expected gain on disposal. |
| Jan 21 | Earnings date set | Neutral | +0.0% | Scheduled date and call details for upcoming Q4 2025 results. |
| Jan 14 | Business update | Positive | -3.2% | Provided Q4 TCE estimates and new multi‑year charter extension details. |
| Jan 02 | Newbuilding delivery | Positive | -3.9% | Announced delivery of first of four funded VLCC newbuildings. |
Operational and fleet news have produced mixed reactions: some business updates and asset sales saw gains, while other seemingly positive fleet developments coincided with short-term declines.
Recent news for DHT shows a steady stream of operational and financial developments. On Jan 2, the company delivered the new VLCC DHT Antelope, the first of four funded newbuildings, but shares fell 3.85%. A Jan 14 business update with strong TCE guidance saw a 3.21% drop. By contrast, the Jan 30 sale of DHT Bauhinia and the Feb 4 Q4 2025 earnings release both coincided with modest positive price moves, indicating investors have responded more favorably to realized transactions and reported results.
Market Pulse Summary
This announcement adds another contracted VLCC to DHT’s portfolio, with a one-year time charter for DHT Opal at $90,000 per day beginning in February 2026. It follows recent fleet actions, including a VLCC sale and newbuilding deliveries, and sits alongside Q1 2026 spot bookings at $78,900 per day versus a $18,300 break-even. Investors may monitor subsequent charter activity, overall VLCC rate levels, and how these contracts interact with DHT’s reported $211.0 million 2025 net profit and leverage profile.
Key Terms
time charter financial
vlcc technical
AI-generated analysis. 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
What are the terms of DHT's one-year time charter for DHT Opal (DHT)?
When does the DHT Opal charter for DHT start and how long will it run?
How much revenue does the $90,000 per day charter potentially generate for DHT?
Who contracted the DHT Opal time charter reported by DHT (NYSE:DHT)?
What does the DHT Opal charter mean for DHT shareholders in the near term?
