DHT Holdings Estimates Q3 Time Charter Equivalent Earnings For Its Fleet At $42,400 Per Day; In Q4 2024, 32% Of The Available Spot Days Have Been Booked At An Average Rate Of $37,000 Per Day On A Discharge-To-Discharge Basis. 50% Of The Available Revenue Days, Spot And Time-Charter Days Combined, Have Been Booked At An Average Rate Of $39,200 Per Day.
Portfolio Pulse from Benzinga Newsdesk
DHT Holdings estimates Q3 2024 time charter equivalent earnings at $42,400 per day. For Q4 2024, 32% of spot days are booked at $37,000 per day, and 50% of revenue days are booked at $39,200 per day. A new one-year time charter for DHT Lion was signed at $55,000 per day.
October 09, 2024 | 8:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
DHT Holdings reports strong Q3 2024 earnings estimates and solid Q4 bookings. A new time charter for DHT Lion at $55,000/day indicates robust demand.
The estimated earnings for Q3 2024 are strong, with high rates for both spot and time-charter VLCCs. The Q4 bookings at competitive rates and the new time charter for DHT Lion at a high rate suggest positive demand and revenue outlook, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100