DHT Holdings, Inc.

Overview

DHT Holdings, Inc. is an independent crude-oil tanker company that owns and operates very large crude carriers (VLCCs), transporting crude oil on international routes. The company was formed and listed on the New York Stock Exchange in 2005, initially with seven crude-oil tankers.[1][2]

DHT’s business is global: its vessels serve international routes, while its management and operating functions are based across Monaco, Norway, Singapore and India; its principal executive offices are in Bermuda.[3]+2 In its 2025 annual-report filing, DHT reported 23 VLCCs in operation as of March 13, 2026, with combined capacity of about 7.16 million deadweight tonnes.[3] [1]+5

Products & services

DHT Holdings’ principal offering is crude-oil transportation by very large crude carriers (VLCCs). As of March 13, 2026, its fleet comprised 23 vessels, including two agreed sales, with combined capacity of 7,162,399 deadweight tonnes and an average age of 10.1 years. VLCCs generally range from 270,000 to 320,000 deadweight tonnes and can carry about two million barrels or more of crude oil.[3][6]

The company offers time-charter and spot/voyage-charter services. Under a time charter, a customer hires a vessel for a fixed period and generally selects the cargo and ports, while paying voyage costs; under a spot or voyage charter, DHT transports cargo for a particular voyage and is responsible for vessel and voyage expenses. In the March 2026 fleet count, 11 vessels were on time charter (47.8%) and 12 were in the spot market (52.2%); these are shares of vessel count, not revenue.[6][7]

DHT’s official fleet list includes the 2026-built DHT Gazelle, rated at 319,825 deadweight tonnes, and DHT Antelope, rated at 319,999 deadweight tonnes. DHT reported Gazelle’s delivery on March 30, 2026, and said it was slated for a 5–7 year time charter with a major oil company.[8][9] The company’s reported materials do not provide time-charter-versus-spot revenue percentages or specify fleet-wide counts for scrubbers, propulsion systems, or cargo-handling configurations.[10][11] [3]+8

Geographic presence

DHT Holdings, Inc.’s principal executive office is in Hamilton, Bermuda. Its below-board management functions are distributed across Monaco, Norway, Singapore and India; subsidiaries in those locations also provide vessel-management services. At year-end 2025, the company reported 737 employees—659 seafarers and 78 shore-side staff—with the shore-side employees employed through subsidiaries in those four countries. It did not disclose shore-side headcount by country or seafarer distribution by nationality or location.[5]+2

DHT reports one operating segment and does not monitor performance by geographic area; it provides no country- or region-level revenue amounts or percentages. Its filing discusses typical VLCC routes between the Arabian Gulf and North America, Europe or Asia, as well as routes from the U.S., West Africa and South America to other markets, but presents these as industry context rather than a breakdown of DHT’s own voyages.[13][14] [5]+4

Business segments

For the year ended December 31, 2025, DHT Holdings reported one operating and reportable segment: its crude-oil tanker business, which includes vessel operations and related technical management. The single segment represents 100% of reported segment activity; the company did not report a separate percentage or revenue contribution for technical management.[15] [15]

Company history

DHT Holdings was formed and listed on the New York Stock Exchange in 2005, beginning with seven crude-oil tankers: three VLCCs and four Aframaxes.[2] In 2008, shareholders approved changing the company’s name from Double Hull Tankers, Inc. to DHT Maritime, Inc.[16] In 2010, a corporate restructuring established DHT Holdings, Inc. as the publicly held parent, and Svein Moxnes Harfjeld became president and CEO.[17][18]

The company expanded through acquisitions, completing its purchase of Samco Shipholding in 2014; the acquired fleet included seven VLCCs.[19] In 2017, DHT acquired 11 VLCCs from BW Group, including two newbuilding contracts, bringing its reported fleet to 30 VLCCs and two Aframaxes after the transaction’s completion.[20][21]

Sources

• DHT Holdings, Inc. — Full financial report (2025 Y)
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• www.dhtankers.com[2]
• www.dhtankers.com[8]
• www.dhtankers.com[9]
• www.dhtankers.com[16]
• www.dhtankers.com[17]
• www.dhtankers.com[18]
• www.dhtankers.com[19]
• www.dhtankers.com[20]
• www.dhtankers.com[21]