DHT management struck a deal to buy the 309,000-dwt Synergy Queen (built 2010) for $79m from Japan’s Nissen Kaiun but it was subject to approval by the DHT board of directors comprising Erik A Lind, Robert N Kowen, Einar Michael Steimler and Rolf Wickborg. TradeWinds understands the board has rejected the purchase.

Brokers say the ship’s value has not changed much since the preliminary purchase deal was done.

DHT