Chief finance officer Eirik Uboe says the owner counts around 40 VLCC time charters of late, the majority of which are expected to enter storage business.

“We further count some close to 10 ships on subjects for similar businesses and it remains to be seen whether those contracts gets fully fixed or not,” he said during the owner’s fourth quarter conference call.

“But the interest from traders and users has not tamed off as of yet.”

DHT has four VLCCs nearing the end of their contracts and the owner appears open to both period and spot employment once they have been returned.