DHT Holdings Reports Strong Q3 2026 Results Driven by Higher Shipping Revenue and Market Conditions
DHT Holdings reported significant growth in its third quarter of 2026, with shipping revenue reaching $332.1 million due to increased daily rates and higher total revenue days compared to the previous year. Adjusted EBITDA surged to $269.5 million from $57.7 million in Q3 2025, reflecting much stronger market conditions for its VLCC fleet. The company's net income reached $270.9 million, bolstered by noncash gains on interest rate derivatives and the sale of the DHT Bauhinia. Despite geopolitical risks regarding potential closures of the Strait of Hormuz, DHT maintains a strong liquidity position of $555 million and continues its consistent dividend policy with a quarterly distribution of $1.45 per share.
Tickers: $DHT
Topics: Adjusted EBITDA Dividends Financial Performance Net Income Shipping Revenue