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Vessels, subsidiaries and other property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2025
Vessels, subsidiaries and other property, plant and equipment [Abstract]  
Vessel Subsidiaries
The vessels are owned by companies incorporated in the Marshall Islands. The Company directly owns 100% of the vessel subsidiaries. The primary activity of each of the vessel subsidiaries is the ownership and operation of a vessel. In addition, as of December 31, 2025, the Company had four Marshall Islands subsidiaries related to the newbuilding contracts, a vessel-chartering subsidiary and three subsidiaries, DHT Management S.A.M. (Monaco), DHT Management AS (Norway) and DHT Ship Management (Singapore) Pte. Ltd., that perform management services for DHT and its subsidiaries. Furthermore, the Company directly owns 100% of Goodwood providing technical management services. The following table sets out the details of the vessel subsidiaries included in these consolidated financial statements:
 
Company
Vessel name
Dwt
Flag State
Year Built
DHT Impala, Inc.1
DHT Impala
319,000 The Marshall Islands 2026
DHT Gazelle, Inc.1
DHT Gazelle
319,825 The Marshall Islands 2026
DHT Addax, Inc.1
DHT Addax
319,999 The Marshall Islands 2026
DHT Antelope, Inc.1
DHT Antelope
319,999 The Marshall Islands 2026
DHT Appaloosa Inc
DHT Appaloosa
318,918 The Marshall Islands 2018
DHT Mustang Inc
DHT Mustang
317,975
The Marshall Islands
2018
DHT Nokota Inc
DHT Nokota
318,918 The Marshall Islands 2018
DHT Bronco Inc
DHT Bronco
317,975
The Marshall Islands
2018
DHT Colt Inc
DHT Colt
319,713
The Marshall Islands
2018
DHT Stallion Inc
DHT Stallion
319,713
The Marshall Islands
2018
DHT Tiger Limited
DHT Tiger
299,629
The Marshall Islands
2017
DHT Harrier Inc DHT Harrier 299,985 The Marshall Islands 2016
DHT Puma Limited
DHT Puma
299,629
The Marshall Islands
2016
DHT Panther Limited
DHT Panther
299,629
The Marshall Islands
2016
DHT Osprey Inc DHT Osprey 299,999 The Marshall Islands 2016
DHT Lion Limited
DHT Lion
299,629
The Marshall Islands
2016
DHT Leopard Limited
DHT Leopard
299,629
The Marshall Islands
2016
DHT Jaguar Limited
DHT Jaguar
299,629
The Marshall Islands
2015
Samco Iota Ltd
DHT Taiga
318,130
The Marshall Islands
2012
DHT Opal Inc
DHT Opal
320,105 The Marshall Islands 2012
Samco Theta Ltd
DHT Sundarbans
318,123 The Marshall Islands 2012
Samco Kappa Ltd
DHT Redwood
318,130 The Marshall Islands 2011
Samco Eta Ltd
DHT Amazon
318,130 The Marshall Islands 2011
Samco Epsilon Ltd DHT China
317,794 The Marshall Islands 2007
Samco Delta Ltd DHT Europe
317,713 The Marshall Islands 2007
DHT Bauhinia Inc DHT Bauhinia
301,019 The Marshall Islands 2007

1
Subsidiaries related to newbuilding contracts. Vessels scheduled for delivery in 2026.
Vessels
Vessels
 
(Dollars in thousands)
 
Vessels
   
Drydock
   
EGCS1
   
Total
 
Cost
                       
As of January 1, 2025
 
$
1,866,683
   
$
45,264
   
$
70,794
   
$
1,982,741
 
Additions
    105,459       5,811       -       111,270  
Transferred to assets held for sale
    (135,611 )     (3,630 )     (8,169 )     (147,411 )
Disposals
   
(118,348
)
   
(8,203
)
   
(7,515
)
   
(134,065
)
As of December 31, 2025
 
$
1,718,183
   
$
39,242
   
$
55,110
   
$
1,812,535
 
 
                               
Accumulated depreciation and impairment
                               
As of January 1, 2025
 
$
(711,556
)
 
$
(24,153
)
 
$
(61,456
)
 
$
(797,165
)
Charge for the period
   
(87,633
)
   
(9,344
)
   
(7,606
)
   
(104,583
)
Transferred to assets held for sale
    96,816       1,937       8,169       106,923  
Disposals
    51,293      
7,374
      7,515      
66,181
 
As of December 31, 2025
 
$
(651,080
)
 
$
(24,186
)
 
$
(53,378
)
 
$
(728,644
)
                                 
Net book value
                               
As of December 31, 2025
 
$
1,067,103
   
$
15,056
   
$
1,732
   
$
1,083,891
 
                                 
Cost
                               
As of January 1, 2024
 
$
1,929,513
   
$
48,736
   
$
74,630
   
$
2,052,878
 
Transferred to assets held for sale
    (62,829 )     (1,756 )     (3,836 )     (68,421 )
Transferred from vessel upgrades
   
-
     
6,624
     
-
     
6,624
 
Disposals
   
-
     
(8,339
)
   
-
     
(8,339
)
As of December 31, 2024
 
$
1,866,683
   
$
45,264
   
$
70,794
   
$
1,982,741
 
                                 
Accumulated depreciation and impairment
                               
As of January 1, 2024
 
$
(690,077
)
 
$
(22,535
)
 
$
(56,556
)
 
$
(769,168
)
Charge for the period
   
(90,590
)
   
(10,647
)
   
(8,736
)
   
(109,974
)
Reversal prior impairment
    27,909       -       -       27,909  
Transferred to assets held for sale
    41,203       690       3,836       45,728  
Disposals
    -       8,339       -       8,339  
As of December 31, 2024
 
$
(711,556
)
 
$
(24,153
)
 
$
(61,456
)
 
$
(797,165
)
                                 
Net book value
                               
As of December 31, 2024
 
$
1,155,127
   
$
21,111
   
$
9,338
   
$
1,185,576
 
                                 
Vessel upgrades
                               
As of January 1, 2024
 
$
-
   
$
10
   
$
-
   
$
10
 
Additions
   
-
     
6,614
     
-
     
6,614
 
Transferred to vessels
   
-
     
(6,624
)
   
-
     
(6,624
)
As of December 31, 2024
 
$
-
   
$
-
   
$
-
   
$
-
 
                                 
Vessels under construction
                               
As of January 1, 2025
 
$
93,178
   
$
-
   
$
-
   
$
93,178
 
Additions
   
208,474
     
-
     
-
     
208,474
 
As of December 31, 2025
 
$
301,651
   
$
-
   
$
-
   
$
301,651
 
                                 
As of January 1, 2024
  $ -     $ -     $ -     $ -  
Additions
    93,178       -       -       93,178  
As of December 31, 2024
  $ 93,178     $ -     $ -     $ 93,178  

1
Exhaust Gas Cleaning Systems (“EGCS”).
Future Expected Payments Vessels Under Construction
The future expected payments to the builders for the Company’s vessels under construction as of December 31, 2025 are as follows:
 
(Dollars in thousands)      
Year
 
Amount
 
2026
   
235,294
 
Total future expected payments
 
$
235,294
 
Fair value based on market values less cost of disposal The recoverable amount was the fair value based on market values less cost of disposal for all vessels except for DHT Scandinavia, in which case the recoverable amount was the agreed sales price minus cost of disposal.

(Dollars in thousands)            
Vessel
 
Recoverable amount
   
Reversal of impairment
 
DHT Tiger
 
$
98,940
   
$
3,474
 
DHT Puma
   
94,090
     
254
 
DHT Panther
   
94,090
     
315
 
DHT Lion
   
94,090
     
42
 
DHT Leopard
   
94,090
     
2,544
 
DHT Jaguar
   
89,240
     
2,622
 
DHT Taiga
   
72,750
     
4,265
 
DHT Sundarbans
   
72,750
     
4,728
 
DHT Redwood
   
66,930
     
2,120
 
DHT Amazon
   
66,930
     
2,894
 
DHT Europe
   
46,560
     
2,431
 
DHT China
   
46,560
     
1,010
 
DHT Scandinavia¹
   
42,060
     
1,210
 
Total
 
$
979,080
   
$
27,909
 

1
DHT Scandinavia was classified as held for sale from December 10, 2024.
Other Property, Plant and Equipment
The Company’s other property, plant and equipment line item in the consolidated statement of financial position mainly consists of right-of-use (“ROU”) assets, fixtures, furniture and computer equipment. The ROU assets relate to the Company’s leased office space in Monaco, Norway, Singapore and India where the Company is a lessee.

(Dollars in thousands)
 
2025
   
2024
 
Right-of-use assets
 
$
5,329
   
$
3,952
 
Other property, plant and equipment
   
1,788
     
637
 
Total other property, plant and equipment
 
$
7,117
   
$
4,589