DHT (NYSE:DHT) is a Bermuda-based shipping company specializing in the transportation of crude oil. The company owns and operates a fleet of very large crude carriers (VLCCs) that shuttle crude oil between major production centers and refining hubs around the world. DHT’s VLCC fleet is chartered on both spot and period contracts, providing flexible shipping solutions to a diverse roster of oil majors, trading houses and national oil companies.
Since its formation in 2005, DHT has pursued a strategy focused on acquiring modern, fuel-efficient vessels to enhance operational reliability and minimize environmental impact. The company’s fleet management, crewing and technical services are handled by DHT Management AS, a wholly owned subsidiary, which is headquartered in Norway. This integrated management structure enables DHT to maintain rigorous safety standards and compliance with international maritime regulations.
Operating primarily in the key crude oil trading routes—from the Middle East Gulf to Asia, West Africa to Europe, and the Americas—the company serves customers in more than 30 countries. DHT vessels routinely call at deepwater terminals and utilize both single and double-hull designs, ensuring compatibility with global port infrastructures. The firm also monitors emerging regulatory developments related to emissions and ballast water treatment, positioning its fleet for evolving environmental requirements.
DHT’s leadership team is led by Chief Executive Officer Arne Sigve Nylund, supported by Chief Financial Officer Øistein Karterud and a board of directors with extensive maritime and energy sector experience. The company maintains corporate offices in Hamilton, Bermuda, and Oslo, Norway, reinforcing its ties to international shipping markets. Over its history, DHT has emphasized disciplined capital allocation and fleet renewal, aiming to deliver reliable service and long-term value to its stakeholders.
