DHT Holdings provided the following business update: For the first quarter, the company estimates time charter equivalent earnings for its fleet at $49,100 per day, comprising of $35,000 per day for the company’s VLCCs on time-charter and $54,600 per day for the company’s VLCCs operating in the spot market. Thus far in the second quarter, 35% of the available VLCC spot days have been booked at an average rate of $75,500 per day on a discharge-to-discharge basis. 55% of the available VLCC days, spot and time-charter days combined, have been booked at an average rate of $52,200 per day.
Published first on TheFly
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