DHT Holdings has penned a $50m loan to fund its decision to install scrubbers on 14 VLCCs, after saying in early August it had "numerous proposals" for funding.
New York-listed DHT plans to install the devices on 12 VLCCs built between 2002 and 2014 and two newbuildings. It has 27 VLCCs total.
The VLCC player said the financing will come about through expanding a $300m secured credit facility drafted in the second quarter of 2017.
