DHT Holdings (DHT) operates an independent fleet of very large crude carriers (VLCC) in both the spot market and on fixed time charter. Management claims; "A counter cyclical philosophy with respects to investments, employment of our fleet and capital allocation." So, it is not surprising that the company announced six 12 month time charters on April 1st of this year.
However, those fixtures would not have affected first quarter results, which were released after the market close on Tuesday, May 5th.
Image: DHT Stallion from DHTankers.com corporate website
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