New York-listed DHT Holdings is on a 30-day clock to secure financing for its $590m swoop on Samco Shipholding’s seven-unit VLCC fleet (see main story).
Although DHT has a strong balance sheet and a good roster of private-equity backers, some in tanker and finance markets do not consider it will be automatically able to secure the $250m to $300m of fresh equity likely needed to seal the deal.
DHT