DHT operates a modern VLCC fleet benefiting from sustained long-haul crude trade and aging global tanker fleet that limits effective supply. Asian crude import demand stable while US Gulf and Brazil exports grow, lengthening voyage routes. Strict capital discipline and high dividend payout ratio attract income-focused investors. Modern fleet age provides margin and emissions compliance edge.
Thesis reviewed May 29, 2026
DHT Holdings, Inc. is headquartered in Norway, which is currently showing elevated risk signals.
🇳🇴Norway78NEUTRALView Norway risk detail →🚢Shipping46AVOID| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| NAT | Nordic American Tankers Limited | 47 | +14% | ↓45% | EARLY |
| TEN | Tsakos Energy Navigation Limited | 47 | +12% | ↓45% | EARLY |
| EGLE | Eagle Bulk Shipping Inc. | 47 | +14% | ↓45% | EARLY |
| ZIM | ZIM Integrated Shipping Services Ltd. | 47 | -13% | ↓45% | AVOID |
| FRO | Frontline plc | 47 | -4% | ↓45% | AVOID |
| DAC | Danaos Corporation | 47 | +21% | ↓45% | EARLY |
| SFL | SFL Corporation Ltd. | 43 | +12% | ↓45% | EARLY |
Investors who hold DHT may also have indirect exposure through these country funds.
VLCC TCE rates breach $60,000/day on tonnage tightness
Global tanker fleet aging accelerates as newbuild ordering remains muted
Estimates · Yahoo Finance · Not audited figures