DHT Holdings has secured debt financing for four of its new buildings VLCCs on order at Hyundai Heavy Industries (HHI).

DHT Holdings has reported a $0.5m loss in the first quarter, down from $3.1m in the same period last year.

DHT Holdings has entered agreements to raise $217m and signed a letter of intent for three VLCCs at Hyundai Heavy Industries (HHI).

New York-listed DHT Holdings reported growing losses in the second quarter with a net loss of $7.7m.