New York-listed crude oil tanker company DHT Holdings Inc. has provided a business update on April 15, revealing estimated time charter equivalent (TCE) earnings of $78,800 per day for the first quarter of 2026.
DHT Holdings estimates time charter equivalent earnings for its fleet at $78,800 per day, comprising $91,700 per day for the company’s VLCCs operating in the spot market and $61,300 per day for the company’s VLCCs on time charter.
These estimated time charter equivalent earnings, the company said, are based on 1,994 revenue days during the quarter, of which 1,152 days were spot days.
Thus far in the second quarter of 2026, approximately 49% of the available spot days have been booked at an average rate of $189,500 per day on a discharge-to-discharge basis.
In total, 71% of the available revenue days, including both spot and time-charter days, have been booked at an average rate of $115,400 per day.
DHT fleet trades internationally and consists of crude oil tankers in the VLCC segment. The company operates through its integrated management companies in Monaco, Norway, Singapore, and India.
