DHT Holdings has re-opened the door for acquisitions in the face of falling crude tanker asset values.
New York-listed DHT ordered six VLCC newbuildings and took over the seven-strong Samco fleet before rates took off and has since been paying down debt aggressively.
Svein Moxnes Harfjeld, co-chief executive of DHT Holdings, said the company will now consider allocating cash for investments and to repurchase its own securities.
Speaking
