Reviews & Ratings for the Dht-Tiger

DHT Holdings, a crude oil tanker company based in Bermuda, has reached an agreement with Hyundai Heavy Industries (HHI) to postpone the delivery of its latest vessel, the DHT Tiger. Originally anticipated in the fourth quarter of 2016, the delivery of the 299,900 dwt very large crude carrier (VLCC) is now scheduled for January 2017, without any additional cost to DHT. Furthermore, the company has completed a permanent repair initiative focusing on a rudder design enhancement for the DHT Jaguar and its sister vessels. This necessary work resulted in 105 off-hire days within the fourth quarter of 2016, accounting for approximately 5% of the company's operational trading days during that quarter. Fortunately, HHI has covered the costs of the repairs under its warranty obligations.