UK: DHT Holdings Charters in VLCC with Option to Purchase

DHT Holdings, Inc. yesterday announced: DHT has time chartered in a VLCC built 2003 at Hitachi for a period of 16 to 18 months at a rate of USD 27,000 per day.

DHT has a continuous option during the charter to purchase the vessel at USD 65 million for the first 6 month period, USD 66 million for the second 6 month period and USD 67 million for the third 6 month period. The vessel is expected to be employed in the Tankers International Pool and will be delivered on May 16, 2011.

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Source: DHT Holdings, May 17, 2011.