DHT Holdings Charters VLCC, Option to Purchase

DHT Holdings, Inc. (NYSE:DHT) today announced:

DHT has time chartered in a VLCC built 2003 at Hitachi for a period of 16 to 18 months at a rate of USD 27,000 per day. DHT has a continuous option during the charter to purchase the vessel at USD 65 million for the first 6 month period, USD 66 million for the second 6 month period and USD 67 million for the third 6 month period. The vessel is expected to be employed in the Tankers International Pool and will be delivered on May 16, 2011.

Source: http://www.dhtmaritime.com