DHT Issues Q3 Time Charter Earnings Outlook

MT Newswires Live
Yesterday

DHT (DHT) expects time charter equivalent earnings of $141,300 per day for its fleet in Q3, including $167,100 per day for its very large crude carriers operating in the spot market and $114,200 per day for vessels on time charters.

The estimates are based on 2,055 revenue days, including 1,054 spot days during the quarter, the company said Monday.

For Q4 to date, DHT has booked about 50% of available spot days at an average rate of $509,100 per day on a discharge-to-discharge basis. Overall, about 78% of available spot and time-charter revenue days are estimated at an average rate of $225,200 per day, it said.

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