DHT Holdings has positioned itself for a potential tanker market recovery later this year, according to company executives.
The optimistic remarks were based on brightening oil demand outlook amid the roll-out of Covid-19 vaccine, despite weak spot rates.
Of the New York-listed owner’s 16 VLCCs on time charters with an average rate of at least $41,695 per day, seven are due to be redelivered by the end of March.
