DHT Holdings, Inc. announces sale of DHT Bauhinia
Core Viewpoint - DHT Holdings, Inc. has announced the sale of the DHT Bauhinia for $51.5 million, expecting to record a gain of $34.2 million from the transaction [1]. Company Overview - DHT Holdings, Inc. is an independent crude oil tanker company with a fleet that operates internationally, focusing on the VLCC segment [2]. - The company emphasizes a strong operational approach, quality ships, a prudent capital structure, and disciplined capital allocation strategies, including cash dividends and share buybacks [2]. - DHT operates through integrated management companies located in Monaco, Norway, Singapore, and India, maintaining a high level of integrity and corporate governance [2].