DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) announces that it has entered into an agreement to sell the DHT China and the DHT Europe for a combined price of $101.6 million.

Both vessels were built at Hyundai in 2007. The vessels are expected to be delivered to the new owner during the first quarter of 2026.

After repayment of existing debt on the vessels, amounting to $5.6 million in aggregate, the transaction is expected to generate net cash proceeds of approximately $95.0 million. The Company expects to record gains of $30.4 million and $29.7 million respectively to the sales.

About DHT Holdings, Inc.

DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate governance.

DHT Holdings, Inc. press release