DHT HOLDINGS ORDERED 6 VLCCs

SHIP OWNER // GEM‹ DONATANI
SHIP OWNER // GEM‹ DONATANI
HT Holdings, Inc., an independent crude oil tanker
company listed in New York Stock Exchange (NYSE:
DHT), announced that it has entered into firm contracts
to construct three VLCCs (very large crude carriers) at Hyundai
Heavy Industries Co., Ltd. (HHI) in South Korea with a contract
price of USD 97.3 million each, including USD 2.3 million in
additions and upgrades to the standard specification.
Subsequently, the company's orderbook consist of six VLCCs
ordered at HHI that are scheduled for delivery in April, July,
two in September, October and November 2016. DHT’s fleet
trades internationally and consists of crude oil tankers in the
VLCC, Aframax and Suezmax segments.
D
DHT FLEET // DHT F‹LOSU
VLCC
Built
Yard
DWT
Class Employment
DHT Hawk
2007
NACKS*
298,923
LR
Spot
DHT Falcon
2006
NACKS*
298,971
LR
Spot
DHT Eagle
2002
Samsung
309,064
ABS
Spot
DHT Ann
2001
Hyundai
309,327
LR
TC
DHT Chris
2001
Hyundai
309,285
LR
TC
DHT Phoenix
1999
Daewoo
307,151
LR
Pool
Suezmax
DHT Target
2001
Hyundai
164,626
ABS
TC
DHT Trader
2000
Hyundai
152,923
ABS
TC
Aframax
DHT Cathy
2004
Hyundai
115,000
ABS
TC
DHT Sophie
2003
Hyundai
115,000
ABS
TC
Total
2,380,270
Newbuildings
VLCC x 6
2016
Hyundai
300,000
ABS
Total
4,180,270
Technical Manager: Goodwood
*Nantong Cosco KHI Engineering Co, Ltd.
DHT HOLDINGS ORDERED 6 VLCCs
DHT HOLDINGS 6 VLCC S‹PAR‹fi‹ VERD‹
DHT Holdings, Inc. announced that the closing of its previously announced registered direct offering of
30,300,000 shares of its common stock at a price of USD 7.50 per share. The company received net
proceeds of approximately USD 217.0 million after the payment of placement agent fees. DHT intends to
use the net proceeds to fund the expansion of its fleet, its pending vessel acquisitions and shipbuilding
contracts and for other general corporate purposes.
DHT Holdings, Inc. daha önceden ilan edilen 30,300,000 hisse senedinin do¤rudan halka arz›n›n hisse senedi
bafl›na 7.50 USD’den kapand›¤›n› duyurdu. Halka arz acentesinin pay› ç›kt›ktan sonra yaklafl›k 217.0 milyon
dolar gelir elde eden DHT bu geliri; filonun geniflletilmesi, gemi al›mlar› ve gemi infla sözleflmelerini finanse
etmek için kullanacak ve di¤er genel kurumsal amaçlar› için harcayacak.
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MARINE&COMMERCE MARCH 2014
During the fourth quarter the Company entered into agreements
with HHI for the construction of two VLCCs with a contract
price of USD 92.7 million each, including certain additions and
upgrades to the standard specification. In January 2014 the
Company entered into an other agreement for a third VLCC at
HHI at identical contractual terms. In December the Company
paid 20% pre-delivery installments on two of vessels totaling
USD 37.1 million and in January 2014 the Company paid USD
18.6 million on the third vessel.
In line with the communicated strategy, the company reached the
agreements to acquire two VLCCs for USD 98 million (Gulf
Eyadah built in 2006 for USD 47.5 million and Gulf Sheba built
in 2007 for USD 50.5 million) from Gulf Navigation Holding,
the only maritime and shipping company listed on the Dubai
Financial Market. Both vessels were delivered in February 2014.
DHT considers this an attractive addition to its fleet and will
continue to pursue investment opportunities and grow. The
Company funds the acquisition through a combination of
conventional mortgage financing and an acquisition facility.
DHT, entered into an agreement to fund the acquisition of the
VLCCs pursuant to the Ship Purchase Agreements through a
secured credit agreement totaling USD 49.0 million between
DNB, as lender, DHT Falcon Limited and DHT Hawk Limited
(each a direct wholly owned subsidiary of DHT and collectively,
the “Borrowers”), and DHT, as guarantor. Borrowings bear
interest at a rate equal to a margin of 325 basis points plus
LIBOR and are repayable in 20 quarterly installments of USD 1.0
million each from May 2014 to February 2019 with a final
payment of USD 29.0 million in February 2019.
The VLCC Gulf Sheba was arrested at the Port of Rotterdam
under instruction from the creditor Norwegian bank DNB in
September 2013. The bank issued the arrest notice after Gulf
Navigation subsidiary company defaulted on a loan instalment of
USD 1.8 million due in July 2013. The vessel was delivered to
Gulf Navigation in 2007 for USD 110 million. The second VLCC
Gulf Eyadah was arrested in the Bahamas, under orders from the
two lenders, DNB and DVB, in October 2013.
CLOSING OF USD 227,250,000 OFFERING
DHT Holdings, Inc. announced that the closing of its previously
announced registered direct offering of 30,300,000 shares of its
ew York Borsas›nda (NYSE: DHT) ifllem gören ba¤›ms›z
bir ham petrol tanker flirketi olan DHT Holdings, Inc., Güney Koreli Hyundai Tersanesi (HHI) ile her biri 97.3 milyon dolar de¤erinde 3 VLCC inflas› için kesin anlaflma imzalad›¤›n› duyurdu. Anlaflmaya 2.3 milyon dolarl›k ilaveler ve standart
spesifikasyona yükseltmeler de dahil. fiirketin Hyundai’ye verdi¤i
siparifller böylece 6 adede ç›km›fl oldu. Gemiler 2016 y›l›nda s›ras›yla Nisan, Temmuz, Eylül (iki adet), Ekim ve Kas›m aylar›nda
teslim edilecek. DHT’nin filosu uluslararas› ticaret alan›nda faaliyet gösteriyor ve genel olarak VLCC, Aframax ve Suezmax gemi
segmentlerinden olufluyor.
N
fiirket geçti¤imiz y›l›n son çeyre¤inde HHI ile her biri 92.7 milyon
dolarl›k (belirli ilaveler ve standart spesifikasyonlara yükseltmeler
dahil) 2 adet VLCC inflas› için anlaflma imzalam›fl, ard›ndan 2014
y›l› Ocak ay›nda ayn› flartlarla üçüncü bir VLCC siparifli daha vermiflti. fiirket Aral›k ay›nda ilk iki geminin %20 teslimat öncesi
taksiti olarak 37.1 milyon dolar, üçüncü gemi içinse 2014 Ocak
ay›nda 18.6 milyon dolar ödeme gerçeklefltirdi.
DHT daha önce bildirdi¤i stratejisine uygun olarak, Dubai Finans
Piyasas›nda kote olan tek denizcilik ve deniz tafl›mac›l›¤› flirketi
Gulf Navigation Holding’ten 98 milyon dolar karfl›l›¤›nda iki adet
VLCC al›m› konusunda anlaflmaya vard› (2006 y›l›nda infla edilen
Gulf Ayadah 47.5 milyon dolar, 2007 y›l›nda infla edilen Gulf
Sheba ise 50.5 milyon dolar). Her iki tanker de 2014 fiubat ay›nda teslim edildi. DHT, bu gemilerin filosu için çekici bir ilave
oldu¤unu ve yat›r›m f›rsatlar›ndan yararlanarak büyümeye devam
edece¤ini söylüyor. fiirket bu al›mlar› geleneksel ipotek finansman› ve iktisap kredisi kullanarak finanse ediyor.
DHT, son VLCC’lerin al›m›n› finanse etmek için Gemi Sat›n Alma
Sözleflmeleri baz›nda bir anlaflma imzalad›. Bu anlaflma, kredi veren olarak DNB ile DHT Falcon Limited ve DHT Hawk Limited
(her biri DHT’nin tamam›na sahip oldu¤u ifltiraki) aras›nda
yap›lan ve DHT’nin kefil olarak yer ald›¤› 49.0 milyon dolarl›k bir
teminatl› kredi sözleflmesi baz›nda imzaland›. Kredilere 325 baz
puan marj› art› LIBOR’a eflit bir faiz uygulanacak ve geri ödeme
2014 y›l› May›s ay›ndan bafllay›p 2019 y›l› fiubat ay›nda tamamlanmak üzere her biri 1.0 milyon dolarl›k 20 adet çeyrek dönem
MARINE&COMMERCE MART 2014
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SHIP OWNER // GEM‹ DONATANI
taksitle ve 2019 fiubat ay›nda yap›lacak 29.0 milyon dolarl›k bir
son ödeme ile gerçeklefltirilecek.
VLCC Gulf Sheba, Norveçli DNB bankas›n›n 2013 y›l› Eylül ay›nda verdi¤i talimat üzerine Rotterdam Liman›’nda al›konmufltu.
Banka al›koyma ihbar›n›, Gulf Navigation ifltiraki bir flirketin
2013 y›l› Temmuz ay›nda ödenmesi gereken 1.8 milyon dolarl›k
kredi taksidini ödememesi üzerine yapt›. Gemi 2007 y›l›nda Gulf
Navigation’a 110 milyon dolara teslim edilmiflti. ‹kinci VLCC
Gulf Eyadah ise kredi veren DNB ile DVB’nin talimat› üzerine
2013 y›l› Ekim ay›nda Bahama Adalar›nda al›konmufltu.
227,250,000 DOLARLIK HALKA ARZ KAPANDI
Trygve P. Munthe, Svein Moxnes Harfjeld
common stock at a price of USD 7.50 per share. The company
received net proceeds of approximately USD 217.0 million after
the payment of placement agent fees. DHT intends to use the net
proceeds to fund the expansion of its fleet, its pending vessel
acquisitions and shipbuilding contracts and for other general
corporate purposes.
RS Platou Markets, Inc. and DNB Markets, Inc. acted as joint
lead managers and placement agents, and RS Platou Markets
AS acted as placement agent.
This offering was made only by means of a prospectus supplement
and accompanying base prospectus. A prospectus supplement
related to the offering was filed with the U.S. Securities and
Exchange Commission (the "SEC") and is available on the SEC's
website located at www.sec.gov. Copies of the prospectus
supplement and the accompanying prospectus relating to this
offering may be obtained from RS Platou Markets, Inc.
The Company completed a private placement of shares generating
net proceeds of USD 106.7 million on November 29, 2013.
STRATEGIC CHANGE
DHT Holdings, Inc. daha önceden ilan edilen 30,300,000 hisse senedinin do¤rudan halka arz›n›n hisse senedi bafl›na 7.50 USD’den
kapand›¤›n› duyurdu. fiirket halka arz acentesinin pay› ç›kt›ktan
sonra yaklafl›k 217.0 milyon dolar gelir elde etti. DHT bu geliri
filonun geniflletilmesi, gemi al›mlar› ve gemi infla sözleflmelerini
finanse etmek için kullanacak ve di¤er genel kurumsal amaçlar›
için harcayacak.
RS Platou Markets, Inc. ile DNB Markets, Inc. ifllemde müflterek
lider yöneticiler ve arz acenteleri olarak hareket ederken, RS Platou Markets AS arz acentesi olarak yer ald›.
Halka arz ifllemi yaln›zca bir prospektüs eki ile birlikte buna efllik
eden temel bir prospektüsle gerçeklefltirildi. Arz ile iliflkili olarak
bir prospektüs eki ABD Menkul K›ymetler ve Borsalar Komisyonu’na (SEC) sunuldu. Prospektüs ekine SEC’in www.sec.gov adresinden ulafl›labiliyor. Ayr›ca prospektüs eki ile buna efllik eden halka arzla iliflkili prospektüsün kopyalar› RS Platou Markets,
Inc.’den temin edilebiliyor.
fiirket 29 Kas›m 2013 tarihinde de 106.7 milyon dolar net gelir
getiren özel bir hisse senedi arz› gerçeklefltirmiflti.
STRATEJ‹K DE⁄‹fi‹M
DHT was formed and listed on the New York Stock Exchange in
2005. At its inception, the Company acquired 7 crude oil
tankers, being 3 VLCCs and 4 Aframaxes, with long-term time
charters attached. At year end 2007 and in early 2008, the
company acquired two Suezmax tankers that entered into
long-term bareboat charters.
2005 y›l›nda kurulan DHT, ayn› y›l New York Borsas›’nda ifllem
görmeye bafllad›. fiirket bafllang›çta uzun süreli zaman gemi
kiralama sözleflmesine sahip 3 VLCC ve 4 Aframax olmak üzere,
7 ham petrol tankeri sat›n ald›. fiirket 2007 y›l› sonu ile 2008
bafllar›nda uzun süreli ç›plak gemi kiralama sözleflmelerine sahip
2 adet Suezmax tankeri daha filosuna dahil etti.
In March, 2010, the original company DHT Maritime, Inc.
completed a series of transactions that resulted in DHT Holdings,
Inc., a newly formed corporation organized in the Marshall Islands,
becoming the publicly held parent company of DHT Maritime, Inc.
2010 y›l› Mart ay›nda ilk flirket olan DHT Maritime, Inc. bir dizi
çal›flma sonucunda Marshall Adalar›’nda DHT Holdings, Inc. ad›
alt›nda DHT Maritime, Inc.’nin ba¤l› oldu¤u ana flirket konumunda halka aç›k bir flirket kurdu.
In September 2010, DHT changed senior management with the
Norwegian shipping partners Svein Moxnes Harfjeld, CEO, and
Trygve P. Munthe, President, joining the company. The company
subsequently set out on a strategic change from having been
more of a “leasing type” business to become an operational ship
owning company. The strategic change included building an
efficient and competent organization in DHT’s wholly owned
management company out of Oslo in Norway. &
DHT, 2010 y›l› Eylül ay›nda üst yönetimini flirkete kat›lan Norveçli denizcilik kökenli ortaklar› Svein Moxnes Harfjeld (CEO)
ve Trygve P. Munthe (Baflkan) ile de¤ifltirdi. fiirket daha sonra
“kiralayan” bir flirket olmaktan ziyade iflletmeci armatörlük
flirketi haline dönüflmeye yönelik stratejik bir de¤iflim içine girdi.
Bu stratejik de¤iflim, DHT’nin Norveç’te Oslo d›fl›nda tamam›na
sahip oldu¤u flirketinde etkin ve yetenekli bir organizasyon kurulmas›n› da kaps›yor. &
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