DHT Holdings provides an update on its Q2 and Q3 2026 fleet performance, estimating strong Time Charter Equivalent (TCE) earnings for Q2 and booking nearly half of Q3 spot days at a high rate. The company also announced a new 3-year time charter agreement for one of its VLCCs, indicating continued demand and stable revenue streams.
DHT Holdings has released a business update detailing robust performance estimates for Q2 and Q3 2026. The estimated Q2 TCE of $126,700 per day, particularly the $162,600 per day for spot VLCCs, indicates a strong tanker market. Furthermore, booking 48% of Q3 spot days at an even higher average rate of $139,700 per day suggests continued positive momentum. The new 3-year time charter for the DHT Jaguar at $75,000 per day provides long-term revenue visibility and stability, reducing exposure to spot market volatility. This news is positive for DHT, signaling healthy profitability and demand for its fleet, which could attract investors looking for exposure to the tanker shipping sector.