About DHT Holdings

DHT Holdings, Inc. (DHT), through its subsidiaries, operates a fleet of crude oil tankers. As of March 16, 2023, the company’s fleet consisted of 23 very large crude carrier (VLCC) crude oil tankers, all of which are wholly owned by it. VLCCs are tankers ranging in size from 200,000 to 320,000 deadweight tons. As of December 31, 2022, seven of the company’s 23 vessels are on time charters and 16 vessels are operating in the spot market. The fleet operates globally on international routes. The 23 VLCCs have a combined carrying capacity of 7,152,498 deadweight tons (dwt) and an average age of 9.4 years as of December 31, 2022. In May 2022, the company entered into agreements to sell DHT Hawk and DHT Falcon. The vessels were both delivered during the second quarter of 2022. In August 2022, the company entered into an agreement to sell DHT Edelweiss. The vessel was not fitted with exhaust gas cleaning system and was due for its 3rd Special Survey and installation of ballast water treatment system in the first quarter of 2023. The vessel was delivered to its new owner during the third quarter of 2022. Technical Management The company’s vessel that flies the French flag is managed by V. Ships France SAS (the Technical Manager). The technical management for the company’s 22 vessels that fly the Hong Kong flag is carried out by its subsidiary, Goodwood Ship Management Pte. Ltd. Regulation A variety of governmental and private entities subject the company’s tankers to both scheduled and unscheduled inspections. These entities include the local port authorities (the U.S. Coast Guard, harbor master or equivalent), classification societies, flag state administration (country of registry) and charterers, particularly terminal operators and oil companies. All requisite documents of compliance have been obtained with respect to the operators of all the company’s vessels and safety management certificates have been issued for all its vessels for which the certificates are required by the International Maritime Organization (IMO). Each of the company’s vessels has been issued a certificate attesting that insurance is in force in accordance with the International Convention on Civil Liability for Bunker Oil Damage. Both the U.S. Oil Pollution Act of 1990 (OPA) and the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) impact the company’s business operations. Each of the company’s vessels is International Ship and Port Facilities Security Code (ISPS) Code-certified. The company has implemented the various security measures required by the IMO, SOLAS and the ISPS Code and has approved ISPS certificates and plans certified by the applicable flag state on board all its vessels. History DHT Holdings, Inc. was founded in 2005. The company was incorporated in 2010 under the laws of the Marshall Islands.