DHT Holdings Estimates Q1 TCE Earnings Of $38,200/Day, Books 56% Of Q2 Spot Days At $48,700/Day

For the first quarter of 2025, the Company estimates time charter equivalent earnings for its fleet at $38,200 per day, comprising of $36,300 per day for the Company's VLCCs operating in the spot market and $42,700 per day for the Company's VLCCs on time charter. The estimated time charter equivalent earnings are based on 2,077 revenue days for the first quarter, of which 1,465 days are spot days.

Thus far in the second quarter of 2025, 56% of the available spot days have been booked at an average rate of $48,700 per day on a discharge-to-discharge basis. 73% of the available revenue days, spot and time-charter days combined, have been booked at an average rate of $45,100 per day.