XML 83 R67.htm IDEA: XBRL DOCUMENT v3.25.1
Financial risk management, objectives and policies, Nordea Credit Facility (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Sep. 30, 2022
Aug. 31, 2022
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Jun. 30, 2023
May 31, 2021
Credit Facility [Abstract]                    
Borrowing amount         $ 409,424 $ 409,424 $ 428,726      
DHT Edelweiss [Member]                    
Credit Facility [Abstract]                    
Selling price of VLCC   $ 37,000                
Repayments of borrowings   12,200                
DHT Scandinavia [Member]                    
Credit Facility [Abstract]                    
Selling price of VLCC         43,400 43,400        
Repayments of borrowings           0        
Old Nordea Credit Facility [Member]                    
Credit Facility [Abstract]                    
Repayments of borrowings       $ 175,900            
Nordea Credit Facility [Member]                    
Credit Facility [Abstract]                    
Borrowing amount         91,735 $ 91,735 90,594     $ 316,200
Amount subject to quarterly reductions through term of facility                   60,000
Drawdown       $ 233,800            
Maturity date           Jan. 31, 2027        
Sale and cancelled RCF tranche   $ 2,400       $ 15,000        
Debt prepayment before installment term $ 50,000   $ 23,100              
Credit facility covenant, required adjusted tangible net worth         300,000 $ 300,000        
Nordea Credit Facility [Member] | Bottom of Range [Member]                    
Credit Facility [Abstract]                    
Credit facility covenant, required percentage of charter-free market value of vessels to borrowings           135.00%        
Credit facility covenant, required percentage of adjusted tangible net worth to total assets           25.00%        
Credit facility covenant, required unencumbered consolidated cash         30,000 $ 30,000        
Credit facility covenant, required percentage of unencumbered consolidated cash to gross interest bearing debt           6.00%        
Nordea Credit Facility [Member] | First Quarter of 2027 [Member]                    
Credit Facility [Abstract]                    
Debt prepayment before installment term             $ 23,700 $ 23,700    
Debt repayment installment amount           $ 5,900        
Debt repayment final amount           40,900        
Debt repayment last installment           5,200        
Uncommitted accordion         $ 250,000 $ 250,000        
Nordea Credit Facility [Member] | LIBOR [Member]                    
Credit Facility [Abstract]                    
Adjustment to interest rate basis       1.90%            
Nordea Credit Facility [Member] | SOFR + CAS [Member]                    
Credit Facility [Abstract]                    
Adjustment to interest rate basis         1.90% [1] 1.90% [1]     1.90%  
Term Loan [Member]                    
Credit Facility [Abstract]                    
Borrowing amount                   119,800
Revolving Credit Facility [Member]                    
Credit Facility [Abstract]                    
Borrowing amount                   $ 196,400
[1] Credit Adjustment Spread (CAS) of 0.26%.