DHT Holdings: Concentrated Fleet, Strong Balance Sheet And Market Tailwinds

SHansche Introduction The tanker industry is genuinely diverse. Large companies like International Seaways (INSW) own crude and product tankers of various sizes. Small enterprises with concentrated fleets carrying only crude oil or petrochemical products are on the other side of the spectrum. DHT Holdings (NYSE:DHT) is such an example. The company is VLCC pure play with its fleet of 24 VLCCs (very large crude carriers). The fleet's average age is ten years, and 100% of the ships are equipped with scrubbers. ...