DHT states fleet structure unaffected by China port fee policy

0
22

DHT Holdings, Inc. issued a statement addressing the October 10 announcement by China’s Ministry of Transport concerning the collection of special port fees from US-linked vessels.

According to DHT, each vessel in its fleet is owned by a non-U.S. entity, built in a non-U.S. jurisdiction, does not fly the U.S. flag, and is operated from management companies based in Monaco, Norway, Singapore, and India.

The company, incorporated under the laws of the Marshall Islands and headquartered in Bermuda, emphasized that only one of its five board members is a U.S. national.

DHT noted that its shareholder base is diverse and that it generally identifies beneficial owners through public filings required for those holding more than 5% of its shares, or through voluntary disclosures.

The company stated it cannot verify the nationality of most shareholders, as shares are typically held through custodians and brokers. As of October 13, 2025, the company said it is unaware of any U.S. shareholders or groups holding, directly or indirectly, 25% or more of its outstanding shares or voting rights.

Two U.S. investment firms, Dimensional Fund Advisors LP and FMR LLC, reported holdings of approximately 7.2% and 15.1%, respectively, but DHT added there is no assurance that the ultimate beneficial owners of these holdings are U.S. persons.

DHT Holdings, Inc. is a publicly listed independent crude oil tanker company incorporated in the Marshall Islands, with headquarters in Bermuda. It operates a fleet of Very Large Crude Carriers (VLCCs) through management entities located in Monaco, Norway, Singapore, and India.