US-listed owner DHT Holdings has been backed to quickly make money from its newly acquired scrubber-fitted VLCCs.
DHT bought the 300,000-dwt Eco Queen and Eco Future (both built 2016) from Awilco Eco Tankers for $68m each on Thursday.
Frode Morkedal, managing director of research at Clarksons Platou Securities, views the shipowner as having ample capacity for growth, with a loan to value (LTV) at only 32% and "significant" contract coverage for 2021.