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DHT Holdings (NYSE: DHT) details Q2 2026 VLCC TCE and new charter

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Form Type
6-K

Rhea-AI Filing Summary

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.

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Fleet TCE Q2 2026 $126,700 per day Estimated time charter equivalent earnings for the fleet in Q2 2026
Spot VLCC TCE Q2 2026 $162,600 per day Estimated TCE for VLCCs operating in the spot market in Q2 2026
Time-charter VLCC TCE Q2 2026 $90,800 per day Estimated TCE for VLCCs on time charter in Q2 2026
Revenue days Q2 2026 2,012 days Total revenue days used to calculate TCE in Q2 2026
Spot days Q2 2026 1,007 days Number of spot days included in Q2 2026 revenue days
Booked spot days Q3 2026 48% at $139,700 per day Portion of available spot days booked thus far in Q3 2026
Booked revenue days Q3 2026 74% at $94,300 per day Portion of total available revenue days booked thus far in Q3 2026
DHT Jaguar charter rate $75,000 per day for 3 years Time charter for VLCC DHT Jaguar commencing September 2026
time charter equivalent financial
"estimates time charter equivalent (“TCE”) earnings for its fleet"
Time charter equivalent (TCE) converts the money a ship earns on specific trips into a single daily rate, so different voyages and contract types can be compared on the same scale. Think of it as translating various one-off jobs into a common “daily wage,” which matters to investors because it reveals how much a vessel or fleet is earning per day, helping assess operating profitability, cash flow and valuation across companies and market conditions.
revenue days financial
"These estimated TCE earnings are based on 2,012 revenue days"
spot market financial
"VLCCs operating in the spot market and $90,800 per day"
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.
time charter financial
"VLCCs on time charter. These estimated TCE earnings are based"
A time charter is an agreement where a ship owner rents out their vessel to a customer for a set period, during which the customer has control over the ship’s use and operation. This arrangement matters to investors because it provides a steady income stream for the ship owner and indicates ongoing demand for shipping services, reflecting the health of global trade and transportation markets.
VLCC technical
"consists of crude oil tankers in the VLCC segment"
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.
discharge-to-discharge basis financial
"booked at an average rate of $139,700 per day on a discharge-to-discharge basis"
A discharge-to-discharge basis is a way of counting or billing hospital care where each completed patient stay — from the moment a patient leaves the hospital (discharge) until the next discharge — is treated as the unit of measurement or payment. Think of it like paying per finished job rather than by the hour: it clarifies how many care episodes occurred, how services are priced, and how revenue and utilization are tracked, which affects earnings predictability and margin analysis.
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FAQ

What time charter equivalent (TCE) earnings did DHT (DHT) estimate for Q2 2026?

DHT estimated time charter equivalent earnings of $126,700 per day for its fleet in the second quarter of 2026, reflecting the combined contribution of VLCCs trading in the spot market and on time charter across 2,012 revenue days during the period.

How were DHT (DHT) Q2 2026 TCE earnings split between spot and time-charter VLCCs?

For Q2 2026, DHT estimated $162,600 per day TCE for VLCCs in the spot market and $90,800 per day for VLCCs on time charter, calculated over 1,007 spot days and the remaining revenue days on fixed contracts in the quarter.

What Q3 2026 booking levels and rates did DHT (DHT) report so far?

Thus far in Q3 2026, DHT has booked about 48% of available spot days at $139,700 per day on a discharge-to-discharge basis and 74% of total available revenue days at $94,300 per day, combining both spot and time-charter coverage.

What are the key terms of DHT (DHT) time charter for the VLCC DHT Jaguar?

DHT entered a 3-year time charter at $75,000 per day for the VLCC DHT Jaguar, built in 2015. The contract, concluded with a global energy company, is expected to commence in September 2026, adding multi-year fixed employment to the fleet.

How many revenue and spot days did DHT (DHT) have in Q2 2026?

In the second quarter of 2026, DHT based its estimates on 2,012 revenue days, including 1,007 spot days. The remaining days were covered by time-charter arrangements, underpinning the blended fleet TCE of $126,700 per day disclosed in the update.

What segment of the tanker market does DHT (DHT) operate in?

DHT operates exclusively in the VLCC crude oil tanker segment, trading its fleet internationally. The company manages operations through integrated management entities in Monaco, Norway, Singapore, and India, focusing on a mix of spot market exposure and fixed income contracts.

 

 

  

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 6-K

 

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

For the month of July 2026

Commission File Number 001-32640

 

 

 

DHT HOLDINGS, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

Clarendon House

2 Church Street, Hamilton HM 11

Bermuda

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☑  Form 40-F ☐

 

 

 

 

 

 

 

Press Release

 

The press release issued by DHT Holdings, Inc. (the “Company”) on July 13, 2026 related to its business update is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

 

 

 

 

EXHIBIT LIST

 

Exhibit   Description
     
99.1   Press Release dated July 13, 2026

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

    DHT Holdings, Inc.  
   

(Registrant)

 

 
       
Date: July 14, 2026 By: /s/ Laila C. Halvorsen  
    Name: Laila C. Halvorsen  
    Title: Chief Financial Officer  
       

 

 

 

Exhibit 99.1

 

 

HAMILTON, BERMUDA, July 13, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today provides the following business update:

 

For the second quarter of 2026, the Company estimates time charter equivalent (“TCE”) earnings for its fleet at $126,700 per day, comprising $162,600 per day for the Company’s VLCCs operating in the spot market and $90,800 per day for the Company’s VLCCs on time charter. These estimated TCE earnings are based on 2,012 revenue days during the quarter, of which 1,007 days were spot days.

 

Thus far in the third quarter of 2026, approximately 48% of the available spot days have been booked at an average rate of $139,700 per day on a discharge-to-discharge basis. In total, 74% of the available revenue days, including both spot and time-charter days, have been booked at an average rate of $94,300 per day.

 

In July, the Company entered into a 3-year time charter agreement at $75,000 per day for the VLCC DHT Jaguar, built in 2015. The contract is expected to commence in September 2026 and has been concluded with a global energy company.

 

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 19, 2026.

 

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

 

Filing Exhibits & Attachments

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