🟢 DHT Holdings is trading 4.04% up today as Strait of Hormuz disruptions lift VLCC rates

DHT Holdings is trading at $21.00, up +4.04%, as Middle East disruptions restrict Strait of Hormuz traffic and support stronger crude-shipping fundamentals.

• Reuters reported four commodity-vessel transits on September 3, versus a 10-day average of about 15.
• Middle East Gulf-to-China VLCC rates rose to WS677.22, implying nearly $704,000/day in round-trip TCE.
• No new company-specific announcement was identified on September 4.