DHT Holdings’ year-end fixtures keep rising after in-line third quarter

New York-listed VLCC specialist DHT Holdings has posted third-quarter earnings that were generally in line with analyst expectations, with similar fourth-quarter rates that have improved 20% in a month.

DHT guided to spot VLCC rates of $41,500 per day with 71% of days booked in the current quarter, down marginally from the $44,700 seen in the quarter past albeit in a market that is now rising.