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DHT Holdings, Inc. announces time charters for six of its VLCCs

HAMILTON, BERMUDA, April 1, 2020 – DHT Holdings, Inc. (DHT) (the "Company") announces time charters for six of its VLCCs.

DHT has entered into time charter contracts for six of its VLCCs. All six ships have contracts with firm periods of 12 months at an average fixed daily hire of $67,300 per day with prompt delivery.

Vessel

Year built

Fixed period

Optional period

DHT Lake

2004

12 months

6 months

DHT Raven

2004

12 months

6 months

DHT Scandinavia

2006

12 months

3 months

DHT Bauhinia

2007

12 months

6 months

DHT Edelweiss

2008

12 months

6 months

DHT Lion

2016

12 months

No option

About DHT Holdings, Inc.

DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet, a counter cyclical philosophy with respect to investments, employment of our fleet and capital allocation and a transparent corporate structure maintaining a high level of integrity and good governance. For further information: www.dhtankers.com.

Forward Looking Statements

This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect DHT’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 25, 2020.

The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.

CONTACTS:

DHT Holdings, Inc.

Laila C. Halvorsen

CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com

Wilhelm Flinder

Manager, Investor Relations & Business Analysis

Phone: +1 441 295 1422 and +47 936 11 350
E-mail: wf@dhtankers.com