DHT paying $94.5m for six-year old VLCC

The secondhand VLCC was built at Hyundai Heavy Industries in South Korea. The vessel is fitted with a scrubber and DHT said it would improve its fleet efficiencies including its Annual Efficiency Ratio (AER) and Energy Efficiency Operational Index (EEOI) metrics.

DHT’s President & CEO, Svein Moxnes Harfjeld, commented: “We are constantly hunting high and low for opportunities that can bring value to our shareholders. As always, the devil is in the details and this is a sister of vessels built by us in 2018, a design with large deadweight and premium earning capabilities, fitting well into the trading patterns of our key customers. 

Related: DHT brings forward scrubber and ballast water retrofits

“We expect this to become a good investment, delivering into a market with attractive prospects.”