DHT Holdings, Inc. Business Update
2024年1月18日 - 6:15AM
HAMILTON, BERMUDA, January 17, 2024 – DHT Holdings, Inc.
(NYSE:DHT) (“DHT” or the “Company”) today provides the following
business update:
The Company estimates its P&L break-even level for the fleet
on average for 2024 to be $27,500 per day, the threshold for net
income, and for when dividends are paid.
The Company has improved its estimated cash break-even levels
for the fleet for 2024 to $18,600 per day for the fleet as a whole,
and to $13,800 per day for the fleet trading in the spot market.
This improvement has been achieved by utilizing the liquidity from
our lowest cost debt in the ING revolving credit facility to
pre-pay the scheduled installments for 2024 under the Nordea credit
facility. Our cash break-even levels include all true cash costs:
ordinary debt repayment, cash interest, operating expenses, general
& administrative expenses, and maintenance capital
expenditure.
The Company is committed to paying 100% of ordinary net income
in quarterly cash dividends to shareholders. It estimates
discretionary cash flow after dividends to be about $76 million for
2024, cash flow that can be applied to investments in the fleet, or
to general corporate purposes.
President & CEO, Svein Moxnes Harfjeld stated: “We have a
constructive view of the market supported by growth in oil demand,
expansion of transportation distances and very limited supply of
new ships into a rapidly aging global fleet. We always seek to
reward our shareholders, operate with high governance standards,
and execute what we believe to be an appropriate strategy tailored
to our market. The whole DHT team is focused on premium
revenue generation, maintaining a competitive cost structure, a
solid balance sheet and a clear capital allocation policy.”
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, Norway,
Singapore, and India. You may recognize us by our renowned business
approach as an experienced organization with focus on first rate
operations and customer service; our quality ships; our prudent
capital structure that promotes staying power through the business
cycles; our combination of market exposure and fixed income
contracts for our fleet; our counter cyclical philosophy with
respect to investments, employment of our fleet, and capital
allocation; and our transparent corporate structure maintaining a
high level of integrity and good governance. For further
information please visit www.dhtankers.com.
Forward Looking StatementsThis 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 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 23, 2023.
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.
Contact:Laila C. Halvorsen, CFOPhone: +1 441 295 1422 and
+47 984 39 935 E-mail: lch@dhtankers.com
DHT (NYSE:DHT)
過去 株価チャート
から 12 2024 まで 1 2025
DHT (NYSE:DHT)
過去 株価チャート
から 1 2024 まで 1 2025
