Oslo, 27 November 2025
The VLCC market has tightened steadily in recent months, and the outlook for
2026 remains positive. To date, November has averaged approximately USD 126,000
per day, while current index-linked spot rates are around USD 150,000 per day.
With a fixed rate of USD 51,750 per day, the Company is capturing a strong
earnings margin and is generating substantial free cash flow.
In line with its focus on shareholder returns, the board has declared a dividend
of NOK 0.30 per share.
The dividend will be treated as repayment of paid-in capital and is expected to
be distributed around mid-December. A separate announcement will provide further
details.
Contact:
Erik A.S. Frydendal, CEO, ef@huntergroup.no, Ph.: +47 957 72 947
Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882
This information is published in accordance with the requirements of the
Continuing Obligations.