DHT in second Samco deal

Samco's VLCC fleet is not the only asset New York-listed DHT Holdings is buying from the Singaporean firm, brokers believe.

TradeWinds first broke news of the $570m fleet deal last Sunday and now Galbraith’s claims Samco’s 50% stake in Goodwood Shipmanagment, Singapore, will also end up in DHT’s hands.

Sources suggest including Goodwood in with the fleet makes sense given DHT is essentially run by popular chief executive Svein Moxnes Harfjeld and president Trygve Munthe.

The shipbroker said in its weekly report: “VLCC fleet deals have been somewhat of a flavour this year with Maersk Tankers and Scorpio selling some of their fleet earlier in the year to clients of Euronav and Genmar respectively.”

According to VesselsValue.com $3.2b has been spent on more than 50 second hand VLCCs this year.

As TradeWinds reported on Friday, the purchase of the seven Samco VLCCs is still subject to financing.