DHT Holdings, Inc. announces sale of 2000 built suezmax
January 04 2016 - 7:27AM
DHT Holdings, Inc. (NYSE:DHT) ("DHT") announced that, on December
30, 2015, it sold the DHT Trader, a 2000 built Suezmax for $26.5
million. The sale is in accordance with the company's
communicated strategy. The entire net proceeds are applied to
repay debt under the RBS facility and are in support of the
company's announced capital allocation policy. The company
will record a book loss of $0.8 million in connection with the
sale, which will be recorded in the fourth quarter 2015.
About DHT Holdings, Inc.
DHT is an independent crude oil tanker company operating a fleet
of crude oil tankers in the VLCC, Suezmax and Aframax segments. We
operate through our wholly owned management companies in Oslo,
Norway and Singapore. For further information:
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, in particular regarding dividends
(including our dividend plans, timing and the amount and growth of
any dividends), daily charter rates, vessel utilization, the future
number of newbuilding deliveries, oil prices and seasonal
fluctuations in vessel supply and demand. 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 Securities and Exchange
Commission on March 19, 2015. 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.
CONTACTS: Svein Moxnes Harfjeld and Trygve P. Munthe, Co-CEOs
Phone: +47 414 04 886 and +47 913 50 025 E-mail:
smh@dhtankers.com and tpm@dhtankers.com
Eirik Uboe, CFO Phone: +47 412 92 712 E-mail:
eu@dhtankers.com
HUG#1976430
DHT (NYSE:DHT)
Historical Stock Chart
From Apr 2024 to May 2024
DHT (NYSE:DHT)
Historical Stock Chart
From May 2023 to May 2024