DHT Holdings executives expressed confidence in a VLCC market recovery with the company positioned to ride an upturn in rates.
The comments came after DHT reported strong third quarter numbers and divested its two aframax tankers at a price which reflected an upturn across the space this winter.
Svein Moxnes Harfjeld, co-chief executive of the New York-listed owner, said on a conference call today: “We believe VLCCs to have the most favourable exposure to a very promising freight market.”
