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DHT Holdings (NYSE: DHT) orders new VLCC and secures $250m credit line

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

DHT Holdings filed a Form 6-K highlighting two strategic moves: ordering a new Very Large Crude Carrier for delivery in August 2028 and securing a new $250 million revolving credit facility.

The new vessel, a sister ship to two Hanwha-built tankers delivered in early 2026, is designed for fuel efficiency, reduced emissions and high carrying capacity, supporting DHT’s focus on a modern, high-quality VLCC fleet. Management says the project will be funded through operating cash flow, existing liquidity and projected mortgage debt.

The new reducing revolving credit facility has a seven-year tenor, a 20-year repayment profile, bears interest at SOFR plus 135 basis points, and includes a $250 million uncommitted accordion. It is available for general corporate purposes, including refinancing existing debt, and is intended to strengthen liquidity and extend DHT’s debt maturity profile.

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Insights

DHT adds a modern VLCC while locking in a sizeable, longer-dated credit line.

DHT Holdings is expanding its VLCC fleet with a Hanwha-built newbuilding scheduled for August 2028, following two similar deliveries in early 2026. Management links the order to its disciplined capital allocation framework, using operating cash flow, liquidity and mortgage debt rather than an equity raise.

The new reducing revolving credit facility totals $250 million, runs for seven years to final maturity in June 2033, and bears interest at SOFR plus 135 basis points with a 20-year repayment profile. An additional $250 million uncommitted accordion increases potential funding capacity with the existing banking syndicate.

Because the facility is available for general corporate purposes, including refinancing existing indebtedness, the ultimate balance between growth funding and de-leveraging will depend on future market conditions and management decisions. Subsequent company filings may clarify how much of the new capacity is drawn and which vessels or projects it supports.

Revolving credit facility size $250 million New reducing revolving credit facility
Facility tenor Seven years Final maturity in June 2033
Facility interest margin SOFR + 135 basis points Pricing on new revolving credit facility
Repayment profile 20-year profile Structure of new credit facility amortization
Uncommitted accordion $250 million Additional potential under facility
VLCC delivery date August 2028 Scheduled delivery of new Hanwha-built VLCC
Very Large Crude Carrier financial
"agreement with Hanwha Ocean Co., Ltd. for the construction of a new Very Large Crude Carrier (VLCC)."
reducing revolving credit facility financial
"entered into a new $250 million reducing revolving credit facility (the “Facility”)."
SOFR financial
"The Facility has a seven-year tenor and bears interest at SOFR plus a margin of 135 basis points."
The Secured Overnight Financing Rate (SOFR) is a market benchmark that measures the cost of borrowing cash overnight using U.S. Treasury securities as collateral. Investors watch SOFR because it acts like a speedometer for short-term interest costs—affecting loan rates, bond yields and the pricing of interest-rate contracts—so movements change borrowing expenses, cash returns and the value of interest-sensitive investments.
uncommitted accordion financial
"Additionally, it includes a $250 million uncommitted accordion."
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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 June 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 þ Form 40-F ☐

 

 

 

 

 

 

Press Releases

 

The press releases issued by DHT Holdings, Inc. (the “Company”) (1) on June 3, 2026 related to the Company entering into an agreement with Hanwha Ocean Co., Ltd. for the construction of a new Very Large Crude Carrier and (2) on June 4, 2026 related to the Company’s new $250 million revolving credit facility are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.

 

Incorporation by Reference

 

Exhibits 99.1 and 99.2 to this Report on Form 6-K shall be incorporated by reference into the Company’s registration statement on Form F-3 (file No. 333-294448), initially filed with the Securities and Exchange Commission on March 19, 2026, as amended, to the extent not superseded by information subsequently filed or furnished (to the extent the Company expressly states that it incorporates such furnished information by reference) by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, in each case as amended.

 

 

 

 

 

 

EXHIBIT LIST

 

Exhibit   Description
     
99.1 Press Release dated June 3, 2026
     
99.2   Press Release dated June 4, 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: June 12, 2026 By: /s/ Laila C. Halvorsen  
    Name: Laila C. Halvorsen  
    Title: Chief Financial Officer  
       

 

 

 


 

Exhibit 99.1

 

 

DHT Holdings, Inc. Announces VLCC Newbuilding with Hanwha Ocean for delivery in August 2028 

  

HAMILTON, BERMUDA, June 3, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced it has entered into an agreement with Hanwha Ocean Co., Ltd. for the construction of a new Very Large Crude Carrier (VLCC). The vessel is scheduled for delivery in August 2028.

 

The vessel will be a sister of the two Hanwha vessels the Company took delivery of in the first quarter of 2026. It will be built to high specifications with premium earning power through advanced fuel economics, reduced emissions and large carrying capacity.

 

Svein Moxnes Harfjeld, President and Chief Executive Officer of DHT Holdings, Inc., commented:
“We are very pleased with the two newbuildings delivered from Hanwha earlier this year and look forward to adding another vessel to our Antelope Class series through this early delivery opportunity provided by Hanwha.” He further stated: “This order reflects our continued focus on maintaining a high-quality, efficient fleet to service our customers while building long-term value for our shareholders.”

 

The project aligns with DHT’s disciplined capital allocation strategy, being financed by cash flow from operations, available liquidity, and projected mortgage debt.

 

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

 

 

 

Exhibit 99.2

 

DHT Holdings, Inc. announces new $250 Million Revolving Credit Facility

  

HAMILTON, BERMUDA, June 4, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced that it has entered into a new $250 million reducing revolving credit facility (the “Facility”).

 

The Facility has a seven-year tenor and bears interest at SOFR plus a margin of 135 basis points. It has a final maturity in June 2033 and a 20-year repayment profile. Additionally, it includes a $250 million uncommitted accordion.

 

The new Facility enhances the Company’s financial flexibility, extends its debt maturity profile, and further optimizes its capital structure.

 

Nordea Bank Abp has arranged the Facility and will act as Agent and Security Agent. The syndicate of lenders comprises ING Bank N.V., DNB Bank ASA, ABN AMRO Bank N.V., Crédit Agricole Corporate and Investment Bank, Danish Ship Finance A/S, and Skandinaviska Enskilda Banken AB.

 

Svein Moxnes Harfjeld, President & Chief Executive Officer of DHT, commented:
“We are pleased to complete this refinancing together with our strong and supportive group of leading shipping banks. The Facility strengthens our liquidity profile and extends maturities at attractive terms.”

 

The Facility will be available for general corporate purposes, including refinancing of existing indebtedness.

 

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

 

 

FAQ

What new vessel did DHT (DHT) agree to build with Hanwha Ocean?

DHT agreed to build a new Very Large Crude Carrier with Hanwha Ocean, scheduled for delivery in August 2028. The VLCC will be a sister ship to two Hanwha vessels delivered in early 2026, designed for fuel efficiency, reduced emissions and strong earning potential.

How will DHT (DHT) finance its new VLCC ordered from Hanwha Ocean?

DHT plans to finance the new VLCC using cash flow from operations, available liquidity and projected mortgage debt. This approach aligns with its stated disciplined capital allocation strategy, which balances vessel investments with dividends, debt prepayments and occasional share buybacks.

What are the key terms of DHT’s new $250 million revolving credit facility?

DHT’s new reducing revolving credit facility totals $250 million, has a seven-year tenor and final maturity in June 2033. It carries interest at SOFR plus 135 basis points, features a 20-year repayment profile, and includes a $250 million uncommitted accordion for additional potential borrowing capacity.

How does the new credit facility affect DHT Holdings’ (DHT) capital structure?

DHT states the $250 million facility enhances financial flexibility, strengthens its liquidity profile, and extends debt maturities. Because the facility can be used for general corporate purposes, including refinancing existing indebtedness, it supports ongoing fleet investments while managing the timing of future repayments.

Who arranged DHT Holdings’ new revolving credit facility and which banks participate?

Nordea Bank Abp arranged DHT’s new $250 million revolving credit facility and acts as Agent and Security Agent. Participating lenders include ING Bank, DNB Bank, ABN AMRO Bank, Crédit Agricole CIB, Danish Ship Finance and Skandinaviska Enskilda Banken, forming a syndicate of leading shipping banks.

What is DHT Holdings’ (DHT) core business focus according to this filing?

DHT describes itself as an independent crude oil tanker company operating exclusively in the VLCC segment. Its fleet trades internationally, supported by integrated management companies in Monaco, Norway, Singapore and India, and emphasizes prudent capital structure, disciplined capital allocation and transparent corporate governance.

Filing Exhibits & Attachments

2 documents