Indian Seafarers Freed After Months of Detention at Yemen’s Ras Isa Port
India says it has secured the release of more than 150 seafarers who were stranded at Yemen’s Ras Isa Port, according to the Directorate General of Shipping. All 11 vessels...
DHT Ann, file image (c) DHT Tankers
Crude tanker owner DHT Holdings, Inc. (NYSE:DHT) announced today that it has declared its option to construct a third VLCC at Hyundai Heavy Industries at a contract price of $92.7 million. This order follows two identical orders placed in December of 2013, all of which will be partially funded via last month’s $110 million private equity placement.
Vessel deliveries are scheduled for April, July and September 2016.
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