05:31 AM EDT, 06/20/2025 (MT Newswires) -- DHT Holdings ( DHT ) said Thursday that it signed an agreement to acquire a very large crude carrier, or VLCC, for $107 million.

The company said the VLCC was built in 2018 at Hyundai Heavy Industries and is set to be delivered by the end of Q3.

DHT expects the acquisition to improve its fleet's age profile and efficiency metrics.