DHT Holdings, Inc. SEC Filings

DHT Holdings, a VLCC crude tanker owner, reported record Q2 2026 results with shipping revenues of $284.8 million and profit after tax of $198.3 million, up from $127.9 million and $56.0 million a year earlier. Basic and diluted EPS were $1.23, and Adjusted EBITDA reached $231.0 million. First-half 2026 profit was $362.9 million, already exceeding the prior full‑year record of $266.3 million.

Operating cash flow was $219.5 million in Q2, lifting cash to $161.7 million and lowering net debt to 273.1 USD mill., with all debt covenants in compliance. Strong VLCC markets drove spot rates to $162,600 per day and time‑charter rates to $90,800. The board approved a $1.22 per‑share Q2 dividend, following $1.05 per share paid year‑to‑date, while the fleet was renewed through three newbuildings delivered and older vessel sales generating a $60.0 million gain. For Q3 2026, the company has 1,020 term time‑charter days fixed at $75,900 per day and 600 of 1,029 expected spot days booked at $152,700 per day, with spot P&L break‑even for the quarter less than zero due to term charter coverage.

DHT Holdings, Inc. reports progress in its fleet renewal program, highlighting delivery of the VLCC newbuilding DHT Impala from Hyundai Samho Heavy Industries, which will trade in the spot market and is the fourth and final newbuilding delivering to DHT during 2026.

The company states this fully funded newbuilding program further enhances its efficient fleet, strengthens its service offering and increases long-term earnings capacity. In line with the renewal plan, DHT Bauhinia, built in 2007, was delivered to new owners on July 20, 2026.

Dimensional Fund Advisors LP reports that funds it advises hold 10,033,962 shares of DHT Holdings Inc common stock, representing 6.2% of the outstanding class on a beneficial ownership basis under Section 13(d) of the Securities Exchange Act of 1934.

Dimensional has sole power to vote 9,897,582 of these shares and sole dispositive power over all 10,033,962 shares, with no shared voting or dispositive power. The shares are owned by underlying funds, and Dimensional disclaims beneficial ownership except for purposes of this regulatory reporting.

DHT Holdings provided a business update for its crude tanker fleet. For the second quarter of 2026, it estimates time charter equivalent earnings of $126,700 per day, including $162,600 per day for VLCCs in the spot market and $90,800 per day for VLCCs on time charter, based on 2,012 revenue days, of which 1,007 were spot days.

For the third quarter of 2026 to date, about 48% of available spot days have been booked at $139,700 per day on a discharge-to-discharge basis, and 74% of total available revenue days have been booked at $94,300 per day. The company also entered a 3-year time charter at $75,000 per day for the VLCC DHT Jaguar, expected to commence in September 2026 with a global energy company.

DHT Holdings, Inc. furnished an update on fleet upgrades and charter management for several very large crude carriers. The company will implement a proactive design upgrade on two Hyundai newbuildings delivering this year to support trading eligibility and commercial flexibility.

DHT Impala is now expected to be delivered in late July 2026 with the upgrade fully integrated, which remains well ahead of its original contractual delivery deadline in December 2026. DHT Gazelle, delivered in March 2026, will complete its current and intended cargo commitments before returning to the shipyard for the planned upgrade in the third quarter of 2026, while DHT Addax will temporarily substitute on its long-term time charter.

The company stated that DHT Antelope and DHT Addax, delivered from Hanwha in January and March 2026, as well as DHT Oryx scheduled for delivery in August 2028, are not affected and do not require upgrades. DHT emphasized its focus on high operational standards, fleet flexibility and quality service.

DHT Holdings director Ana Lucia Pocas Zambelli reported compensation-related equity movements. She exercised 21,747 restricted stock units, receiving the same number of common shares at a price of $0.00 per share, bringing her direct holdings to 51,543 common shares. The filing also shows a grant of 1,747 restricted stock units, including dividend equivalents accrued over the life of the award. According to the disclosure, the restricted stock units were granted on January 6, 2026 and fully vested on June 18, 2026 in connection with her retirement, with each unit converting into one share of common stock or its cash value at settlement.

DHT Holdings, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Shareholders representing 101,497,532 common shares, or 63.03% of issued and outstanding shares as of the April 23, 2026 record date, were present or represented by proxy, providing a solid quorum.

Shareholders elected Jeremy Kramer as a Class I director for a three-year term. He received 70,975,622 votes in favor, or 69.93% of the votes cast, with 26,847,647 votes withheld and 3,674,263 broker non-votes. Shareholders also ratified the selection of Ernst & Young AS as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 101,354,521 votes in favor (99.86%), 80,357 against, and 62,654 abstentions.

DHT Holdings President & CEO Svein Moxnes Harfjeld increased his direct equity stake through equity awards. He exercised restricted stock units into 32,620 shares of common stock and received an additional 2,620 restricted stock units as compensation and dividend equivalents. Following these transactions, he directly owns 1,187,900 common shares and holds 152,260 restricted stock units, some of which remain subject to continued service and market-based vesting conditions through December 31, 2028.

DHT Holdings Chief Financial Officer Laila Cecilie Halvorsen exercised restricted stock units into 6,795 shares of common stock on June 16, 2026, bringing her direct common stock holdings to 211,011 shares.

On the same date, she received an additional 545 restricted stock units, including dividend equivalents, increasing her RSU balance to 50,545 units. A portion of these RSUs vested after performance criteria were met, while 6,250 RSUs remain subject to market conditions through December 31, 2028 and continued service requirements.