DHT Holdings (NYSE: DHT) sells oil tanker for $51.5 million

DHT Holdings, Inc. (NYSE: DHT) announced it has agreed to sell the DHT Bauhinia crude oil tanker for $51.5 million. The vessel, built in 2007, is scheduled for delivery to the new owner during June or July 2026.

The company expects to record a gain of $34.2 million from the transaction, according to a press release statement. The vessel is debt free.

DHT Holdings operates as an independent crude oil tanker company with a fleet that trades internationally in the very large crude carrier segment. The company operates through management companies in Monaco, Norway, Singapore, and India.