Also Taking a View, but Mitigating the Risk with Optionality – DHT Charters-In a VLCC

On Monday, DHT Holdings Inc. announced that it had chartered-in a 2003 built VLCC for a period of 16 to 18 months at $27,000/day. The charter provides for continuous purchase options during the charter period beginning at $65 million for the first six months, increasing to $66 million for the second six months and rising to $67 million for the last six months.

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