DHT charters VLCC newbuild for up to seven years with ‘oil major’

New York-listed crude oil tanker company DHT Holdings Inc. has fixed out its latest VLCC newbuilding on a charter of up to seven years.

The deal involves the 319,000-dwt newbuild DHT Gazelle, which is the third in a series of four deliveries during the first half of 2026.

The VLCC ship will commence a five- to seven-year time charter contract with a ‘major oil company.’

DHT Holdings recently took delivery of the DHT Gazelle, a VLCC newbuilding from Hyundai Samho Heavy Industries.

In its planned fleet renewal, DHT also confirmed the delivery of the DHT China (built 2007) to its new owners on March 30.

The fourth and final newbuilding in the Antilope-class is expected in June 2026, aligning with the earlier announced sale and scheduled mid-year delivery of the DHT Bauhinia (built 2007).

The company said the fully funded newbuildings enhance its earnings power, fleet efficiency, and service offerings.

DHT fleet trades internationally and consists of crude oil tankers in the VLCC segment. The company operates through its integrated management companies in Monaco, Norway, Singapore, and India.