DHT
Quarterly net income amounted to USD 11.9mFEB, 11.2009
DHT Maritime, Inc. listed on NYSE, announced for the period from October 1 to December 31, 2008, total revenues of USD 30.9m (+ USD 10.6m) and net income of USD 11.9m, or USD 0.30 per share (diluted).
The Board of Directors of DHT has decided, after considering the strong operating results for the year and the company’s current liquidity position, to pay a dividend of USD 0.30 per share for the 4th Q 2008. This includes an extraordinary dividend of USD 0.05 per share also paid for the 3rd Q 2008. The dividend will be paid on March 5 to shareholders of records as of the close of business on February 26, 2009.
In the quarter ended December 31, 2008, DHT’s VLCCs achieved average time charter equivalent (TCE) earnings in the commercial pool of USD 62,300 per day (USD 113,000 per day in the 3rd Q of 2008 and USD 38,500 per day in the 4th Q of 2007).
The three Aframax tankers which operate in the Aframax International pool achieved average TCE earnings of USD 35,200 per day (USD 43,000 per day in the 3rd Q of 2008 and USD 24,600 per day in the 4th Q of 2007).
The Suezmax tanker Overseas Newcastle achieved average TCE earnings for the quarter of USD 45,100 per day compared to USD 55,000 per day in the 3rd Q of 2008.
