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Charter arrangements (Tables) | 12 Months Ended
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Dec. 31, 2018
Charter arrangements (Tables) [Abstract] |
Shipping revenues | The below table details the Company's shipping revenues:
(Dollars in thousands) |  | 2018 |  |  | 2017 |  |  | 2016 |
Time charter revenues* |  | $ | 64,462 |  |  | $ | 100,310 |  |  | $ | 118,997 |
Voyage charter revenues** |  |  | 311,480 |  |  |  | 254,742 |  |  |  | 234,646 |
Other shipping revenues |  |  | - |  |  |  | - |  |  |  | 2,366 |
Shipping revenues |  | $ | 375,941 |  |  | $ | 355,052 |  |  | $ | 356,010 |
Vessel employment | The following summarizes the Company's vessel employment as of December 31, 2018:
Vessel |  |  | Type of Employment |  | Expiry
VLCC |  |  |  |  |
DHT Amazon |  |  | Time charter with profit sharing | Q4 2021
DHT Bauhinia |  |  | Spot |  |
DHT Bronco |  |  | Spot |  |
DHT China |  |  | Time charter with profit sharing |  | Q2 2021
DHT Colt |  |  | Spot |
DHT Condor |  |  | Spot |  |
DHT Edelweiss |  |  | Time charter with profit sharing |  | Q1 2019
DHT Europe |  |  | Time charter with profit sharing |  | Q1 2022
DHT Falcon |  |  | Spot |  |
DHT Hawk |  |  | Spot |  |
DHT Jaguar |  |  | Spot |  |
DHT Lake |  |  | Spot |  |
DHT Leopard |  |  | Spot |  |
DHT Lion |  |  | Spot |  |
DHT Lotus |  |  | Time charter with profit sharing |  | Q1 2019
DHT Mustang |  |  | Spot |  |
DHT Opal |  |  | Spot |  |
DHT Panther |  |  | Spot |  |
DHT Peony |  |  | Spot |  |
DHT Puma |  |  | Spot |  |
DHT Raven |  |  | Spot |  |
DHT Redwood |  |  | Spot |  |
DHT Scandinavia |  |  | Spot |  |
DHT Stallion |  |  | Spot |  |
DHT Sundarbans |  |  | Spot |  |
DHT Taiga |  |  | Spot |  |
DHT Tiger |  |  | Spot |  |
Future charter payments | The future revenues expected to be received from the time charters (not including any potential profit sharing) for the Company's vessels on existing charters as of the reporting date are as follows:
(Dollar in thousands) |  |  |
Year |  | Amount |
2019 |  |  | 34,044 |
2020 |  |  | 36,837 |
2021 |  |  | 26,293 |
2022 |  |  | 154 |
2023 |  |  | - |
Thereafter |  |  | - |
Net charter payments: |  | $ | 97,327 |

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