DHT (DHT) 6-K 3 Nov 21 Current report (foreign) Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2021
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Sep. 30, 2021
Current Fiscal Year End Date	--12-31
Entity Registrant Name	DHT Holdings, Inc.
Entity Central Index Key	0001331284

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 64,481	$ 68,641
Accounts receivable and accrued revenues	17,348	30,060
Capitalized voyage expenses	911	1,039
Prepaid expenses	6,437	6,685
Bunkers, lube oils and consumables	29,421	11,854
Total current assets	118,599	118,279
Non-current assets
Vessels and time charter contracts	1,478,675	1,476,436
Advances for vessels and vessel upgrades	10,318	17,269
Other property, plant and equipment	4,019	4,772
Investment in associate company	6,114	5,233
Total non-current assets	1,499,125	1,503,710
TOTAL ASSETS	1,617,724	1,621,989
Current liabilities
Accounts payable and accrued expenses	13,307	18,503
Derivative financial liabilities	8,439	9,073
Current portion long-term debt	9,784	3,396
Other current liabilities	699	721
Deferred shipping revenues	4,046	16,236
Total current liabilities	36,276	47,929
Non-current liabilities
Long-term debt	515,015	446,562
Derivative financial liabilities	7,240	14,601
Other non-current liabilities	3,353	3,957
Total non-current liabilities	525,608	465,120
TOTAL LIABILITIES	561,884	513,049
Equity
Common stock at par value	1,667	1,708
Additional paid-in capital	1,266,965	1,291,505
Accumulated deficit	(216,079)	(188,709)
Translation differences	73	169
Other reserves	3,185	4,248
Total equity attributable to the Company	1,055,811	1,108,921
Non-controlling interest	29	19
Total equity	1,055,840	1,108,940
TOTAL LIABILITIES AND EQUITY	$ 1,617,724	$ 1,621,989

CONDENSED CONSOLIDATED INCOME S

CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) [Abstract]
Shipping revenues	$ 59,095	$ 142,196	$ 212,018	$ 600,046
Operating expenses
Voyage expenses	(21,443)	(24,691)	(57,838)	(127,296)
Vessel operating expenses	(19,240)	(20,496)	(57,880)	(60,044)
Depreciation and amortization	(31,734)	(31,117)	(95,889)	(92,217)
Impairment charges	0	(4,920)	0	(4,920)
(Gain) /loss, sale of vessel	1,556	0	15,153	0
General and administrative expense	(4,420)	(4,084)	(14,645)	(13,418)
Total operating expenses	(75,281)	(85,307)	(211,099)	(297,894)
Operating income	(16,186)	56,889	919	302,152
Share of profit from associated companies	293	340	983	850
Interest income	4	3	5	199
Interest expense	(6,348)	(8,863)	(19,430)	(32,112)
Fair value gain/(loss) on derivative financial liabilities	2,316	2,611	7,994	(10,477)
Other financial (expense)/income	(1,015)	(181)	1,146	(1,253)
Profit/(loss) before tax	(20,935)	50,799	(8,382)	259,359
Income tax expense	(97)	(127)	(230)	(705)
Net income/(loss) after tax	(21,032)	50,672	(8,612)	258,654
Attributable to owners of non-controlling interest	3	3	9	7
Attributable to the owners of parent	$ (21,035)	$ 50,669	$ (8,621)	$ 258,647
Basic net income/(loss) per share (in dollars per share)	$ (0.13)	$ 0.32	$ (0.05)	$ 1.72
Diluted net income/(loss) per share (in dollars per share)	$ (0.13)	$ 0.31	$ (0.05)	$ 1.56
Weighted average number of shares (basic) (in shares)	167,610,608	157,771,616	169,929,434	150,647,701
Weighted average number of shares (diluted) (in shares)	167,672,117	170,853,711	170,005,240	169,788,132

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) [Abstract]
Net income/(loss) after tax	$ (21,032)	$ 50,672	$ (8,612)	$ 258,654
Items that may be reclassified subsequently to income statement:
Exchange gain/(loss) on translation of foreign currency denominated associate and subsidiary	(96)	72	(96)	(26)
Total	(96)	72	(96)	(26)
Other comprehensive income/(loss)	(96)	72	(96)	(26)
Total comprehensive income/(loss) for the period	(21,127)	50,743	(8,708)	258,627
Attributable to the owners of non-controlling interest	3	3	9	7
Attributable to the owners of parent	$ (21,131)	$ 50,740	$ (8,717)	$ 258,621

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
CASH FLOW FROM OPERATING ACTIVITIES
Net income/(loss) after tax	$ (21,032)	$ 50,672	$ (8,612)	$ 258,654
Items included in net income not affecting cash flows	28,999	35,420	74,184	115,866
Depreciation and amortization	31,734	31,117	95,889	92,217
Impairment charges	0	4,920	0	4,920
Amortization of upfront fees	648	1,352	1,910	4,977
(Gain) / loss, sale of vessel	(1,556)	0	(15,153)	0
Fair value (gain) / loss on derivative financial liabilities	(2,316)	(2,611)	(7,994)	10,477
Compensation related to options and restricted stock	783	982	3,564	4,124
(Gain) / loss modification of debt	0	0	(3,049)	0
Share of profit in associated companies	(293)	(340)	(983)	(850)
Income adjusted for non-cash items	7,967	86,091	65,572	374,520
Changes in operating assets and liabilities	(11,101)	45,186	(23,910)	73,997
Accounts receivable and accrued revenues	(317)	35,513	12,712	45,931
Capitalized voyage expenses	(481)	548	128	3,019
Prepaid expenses	338	1,020	248	500
Accounts payable and accrued expenses	(1,339)	(6,181)	(7,205)	(13,738)
Deferred shipping revenues	(428)	7,922	(12,190)	17,373
Bunkers, lube oils and consumables	(8,844)	6,334	(17,567)	20,919
Pension liability	(30)	31	(35)	(6)
Net cash (used in)/provided by operating activities	(3,134)	131,278	41,661	448,517
CASH FLOW FROM INVESTING ACTIVITIES
Investment in vessels	(1,941)	(3,349)	(160,402)	(15,766)
Proceeds from sale of vessels	29,587	0	87,063	0
Investment in property, plant and equipment	(1)	(46)	(48)	(391)
Net cash provided by/(used in) investing activities	27,645	(3,395)	(73,387)	(16,156)
CASH FLOW FROM FINANCING ACTIVITIES
Cash dividends paid	(3,349)	(81,983)	(18,749)	(180,509)
Repayment principal element of lease liability	(153)	(125)	(457)	(338)
Issuance of long-term debt	(105)	57,762	355,841	71,262
Purchase of treasury shares	(6,738)	0	(29,207)	0
Scheduled repayment of long-term debt	(1,926)	(16,444)	(4,490)	(48,381)
Prepayment of long-term debt	0	(149,703)	(93,378)	(266,643)
Repayment of long-term debt refinancing	0	0	(175,933)	0
Repayment of long-term debt, sale of vessels	0	0	(6,061)	0
Net cash (used in)/provided by financing activities	(12,271)	(190,493)	27,566	(424,610)
Net (decrease)/increase in cash and cash equivalents	12,240	(62,610)	(4,160)	7,751
Cash and cash equivalents at beginning of period	52,241	137,717	68,641	67,356
Cash and cash equivalents at end of period	64,481	75,107	64,481	75,107
Specification of items included in operating activities:
Interest paid	5,408	9,225	17,464	29,233
Interest received	$ 4	$ 3	$ 5	$ 199

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock [Member]	Paid-in Additional Capital [Member]	Treasury Shares [Member]	Retained Earnings [Member]	Translation Differences [Member]	Other Reserves [Member]	Non-Controlling Interest [Member]
Balance at Dec. 31, 2019	$ 932,449	$ 1,468	$ 1,169,537	$ 0	$ (240,165)	$ 73	$ 1,531	$ 5
Balance (in shares) at Dec. 31, 2019		146,819,401
Changes in equity
Net income/(loss) after tax	258,654				258,647			7
Other comprehensive income/(loss)	(26)				0	(26)
Total comprehensive income/(loss) for the period	258,627				258,647	(26)		7
Cash dividends declared and paid	(180,509)				(180,509)
Conversion of convertible bonds	119,818	$ 234	119,584
Conversion of convertible bonds (in shares)		23,377,397
Compensation related to options and restricted stock	4,124	$ 6	2,383				1,735
Compensation related to options and restricted stock (in shares)		601,530
Balance at Sep. 30, 2020	1,134,510	$ 1,708	1,291,505	0	(162,027)	47	3,266	12
Balance (in shares) at Sep. 30, 2020		170,798,328
Balance at Dec. 31, 2019	932,449	$ 1,468	1,169,537	0	(240,165)	73	1,531	5
Balance (in shares) at Dec. 31, 2019		146,819,401
Changes in equity
Cash dividends declared and paid	(214,700)
Balance at Dec. 31, 2020	1,108,940	$ 1,708	1,291,505	0	(188,709)	169	4,248	19
Balance (in shares) at Dec. 31, 2020		170,798,328
Changes in equity
Net income/(loss) after tax	(8,612)				(8,621)			9
Other comprehensive income/(loss)	(96)				0	(96)
Total comprehensive income/(loss) for the period	(8,708)				(8,621)	(96)		9
Cash dividends declared and paid	(18,749)				(18,749)
Purchase of treasury shares	(29,207)			(29,207)
Retirement of treasury shares	0	$ (50)	(29,158)	29,207
Retirement of treasury shares (in shares)		(4,952,143)
Compensation related to options and restricted stock	3,564	$ 8	4,619				(1,063)
Compensation related to options and restricted stock (in shares)		841,696
Balance at Sep. 30, 2021	$ 1,055,840	$ 1,667	$ 1,266,965	$ 0	$ (216,079)	$ 73	$ 3,185	$ 29
Balance (in shares) at Sep. 30, 2021		166,687,881

General information

General information	9 Months Ended
	Sep. 30, 2021
General information [Abstract]
General information	Note 1 – General information DHT Holdings, Inc. (“DHT” or the “Company”) is a company incorporated under the laws of the Marshall Islands whose shares are listed on the New York Stock Exchange. The Company’s principal executive office is located at Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. The Company is engaged in the ownership and operation of a fleet of crude oil carriers. The financial statements were approved by the Company’s Board of Directors (the “Board”) on November 1, 2021 and authorized for issue on November 2, 2021.

General accounting principles

General accounting principles	9 Months Ended
	Sep. 30, 2021
General accounting principles [Abstract]
General accounting principles	Note 2 – General accounting principles The condensed consolidated interim financial statements do not include all information and disclosures required in the annual financial statements and should be read in conjunction with DHT’s audited consolidated financial statements included in its Annual Report on Form 20-F for 2020. The interim results are not necessarily indicative of the results for the entire year or for any future periods. The condensed consolidated interim financial statements have been prepared in accordance with IAS 34 “Interim Financial Reporting” as issued by the International Accounting Standards Board (“IASB”). The condensed consolidated interim financial statements have been prepared on a historical cost basis, except for derivative financial instruments that have been measured at fair value. The accounting policies applied in these condensed consolidated interim financial statements are consistent with those presented in the 2020 audited consolidated financial statements. These condensed consolidated interim financial statements have been prepared on a going concern basis. Application of new and revised International Financial Reporting Standards (“IFRSs”) New and revised IFRSs that are not mandatorily effective (but allow early application) for the financial year beginning January 1, 2021 are listed below. The standards are not expected to have any material impact on the financial statements: o IFRS 17 Insurance Contracts o Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associates or Joint Venture o Amendments to IAS 1 Classification of Liabilities as Current or Non-current o Amendments to IFRS 3 Reference to the Conceptual Framework o Amendments to IAS 16 Property, Plant and Equipment – Proceeds before Intended Use o Amendments to IAS 37 Onerous Contracts – Cost to Fulfilling a Contract o Annual Improvements to IFRS Standards 2018-2020 Cycle - Amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IFRS 16 Leases and IAS 41 Agriculture

Segment reporting

Segment reporting	9 Months Ended
	Sep. 30, 2021
Segment reporting [Abstract]
Segment reporting	Note 3 – Segment reporting Since DHT’s business is limited to operating a fleet of crude oil tankers, management has organized the entity as one segment based upon the service provided. Consequently, the Company has one operating segment as defined in IFRS 8, Operating Segments. The below table details the Company’s shipping revenues: $ in thousands Q3 2021 Q3 2020 9M 2021 9M 2020 Time charter revenues* 28,576 51,835 119,420 126,168 Voyage charter revenues 30,519 90,362 92,598 473,878 Shipping revenues 59,095 142,196 212,018 600,046 * The portion of time charter revenue related to technical management services, equaling in the first three quarters of 2021 and in the first three quarters of 2020 is recognized in accordance with IFRS 15 Revenue from Contracts with Customers. The remaining portion of time charter revenue is recognized in accordance with IFRS 16 Leases. As of September 30, 2021, the Company had 26 vessels in operation; 8 vessels were on time charters and 18 vessels operating in the spot market. Information about major customers: For the period from July 1, 2021 to September 30, 2021 five customers represented $7.7 million, $7.7 million, $7.5 million, $5.7 million, and $5.7 million, respectively, of the Company’s total revenues. The five customers in aggregate represented $34.3 million, equal to 56 percent of the total revenue of $59.1 million for the period from July 1, 2021 to September 30, 2021. For the period from January 1, 2021 to September 30, 2021 five customers represented $24.6 million, $24.5 million, $24.2 million, $19.8 million and $16.6 million, respectively, of the Company’s revenues. The five customers in aggregate represented $109.7 million, equal to 52 percent of the total revenue of $212.0 million for the period from January 1, 2021 to September 30, 2021. For the period from July 1, 2020 to September 30, 2020 five customers represented $17.6 million, $15.2 million, $13.5 million, $11.4 million and $9.2 million, respectively, of the Company’s revenues. The five customers in aggregate represented $67.0 million, equal to 47 percent of the total revenue of $142.2 million for the period from July 1, 2020 to September 30, 2020. For the period from January 1, 2020 to September 30, 2020 five customers represented $69.1 million, $50.2 million, $50.1 million, $34.4 million and $30.6 million, respectively, of the Company’s revenues. The five customers in aggregate represented $234.3 million, equal to 39 percent of the total revenue of $600.0 million for the period from January 1, 2020 to September 30, 2020.

Interest bearing debt

Interest bearing debt	9 Months Ended
	Sep. 30, 2021
Interest bearing debt [Abstract]
Interest bearing debt	Note 4 – Interest bearing debt As of September 30, 2021, DHT had interest bearing debt totaling $524.8 million. Scheduled debt repayments (USD thousands) and margin above Libor $ in thousands Margin above Libor Q4 2021 2022 2023 Thereafter Total ABN Amro Credit Facility * 2.40 % - - 30,811 199,256 230,067 Credit Agricole Credit Facility 2.19 % 676 2,703 32,433 - 35,812 Danish Ship Finance Credit Facility 2.00 % 1,213 2,427 2,427 29,120 35,187 Nordea Credit Facility ** 1.90 % 1,250 5,000 26,591 199,709 232,550 Total 3,139 10,129 92,262 428,085 533,616 Unamortized upfront fees bank loans (8,817 ) Total interest bearing debt 524,799 * $100.0 mill. undrawn as of September 30, 2021. **$80.5 mill. undrawn as of September 30, 2021. In January 2021 and February 2021, the Company drew down $15 million and $50 million, respectively, under the Nordea revolving credit facility tranche in relation to the delivery of DHT Harrier. In March 2021, the Company drew down $60 million under the ABN Amro revolving credit facility tranche in relation to the delivery of DHT Osprey. In May 2021, the Company entered into agreement with seven banks for a new $316.2 million credit facility with Nordea as agent. In June 2021, the Company drew down $233.8 million under the new facility and repaid the total outstanding under the old facility, amounting to $175.9 million. The new facility bears interest at a rate equal to Libor + 1.90% and has final maturity in January 2027. Additionally, the facility includes an uncommitted accordion of $250.0 million. In June 2021, the Company repaid the $60 million draw down under the ABN revolving credit facility tranche in relation to the delivery of DHT Osprey and additionally prepaid $33.4 million under the ABN Amro Credit Facility. The voluntary prepayment was made for all regular installments for 2022. The Company also repaid $6.1 million under the ABN Amro Credit Facility in connection with the sale of DHT Condor. Derivatives - interest rate swaps Only derivatives are classified and measured at fair value in the statement of financial position. Fair value measurement is based on Level 2 in the fair value hierarchy as defined in IFRS 13 Fair Value Measurement. Such measurement is based on techniques for which all inputs that have a significant effect on the recorded fair value are observable. Future cash flows are estimated based on forward interest rates (from observable yield curves at the end of the reporting period) and contract interest rates, discounted at a rate that reflects the credit risk of various counterparties. As of September 30, 2021, the Company has nine amortizing interest rate swaps totaling $340.1 million with maturity ranging from the second quarter 2023 to the third quarter 2023. The average fixed interest rate is 2.95%. As of September 30, 2021, the fair value of the derivative financial liability related to the swaps amounted to $15.7 million. $ in thousands Expires Notional amount Q3 2021 Current liability Q3 2021 Non-current liability Q3 2021 Fair value Q3 2021 Swap pays 2.987 Apr. 20, 2023 40,200 1,057 585 1,642 Swap pays 3.012 Apr. 20, 2023 40,200 1,067 590 1,657 Swap pays 3.019 Sep. 29, 2023 28,818 709 707 1,416 Swap pays 3.019 Sep. 29, 2023 27,904 685 683 1,368 Swap pays 2.8665 Sep. 29, 2023 44,333 1,056 1,053 2,109 Swap pays 2.8785 Jun. 30, 2023 38,748 945 707 1,652 Swap pays 2.885 Sep. 29, 2023 43,690 1,052 1,049 2,101 Swap pays 2.897 Sep. 30, 2023 38,926 933 933 1,866 Swap pays 3.020%, receive floating Sep. 29, 2023 37,241 935 933 1,868 Total carrying amount 340,059 8,439 7,240 15,680 Covenant compliance The Company’s financial covenants are summarized as follows as of September 30, 2021: ABN Amro Credit Agricole Danish Ship Finance Nordea Security 12 VLCCs 1 VLCC 1 VLCC 12 VLCCs Charter free market value of vessels that secure facility must be no less than 135% of borrowings 135% of borrowings 135% of borrowings 135% of borrowings Value adjusted* tangible net worth $300 million and 25% of value adjusted total assets $200 million and 25% of value adjusted total assets $300 million and 25% of value adjusted total assets $300 million and 25% of value adjusted total assets Unencumbered cash of at least Higher of $30 million or 6% of gross interest bearing debt Higher of $20 million or 6% of gross interest bearing debt Higher of $30 million or 6% of gross interest bearing debt Higher of $30 million or 6% of gross interest bearing debt Guarantor DHT Holdings, Inc. DHT Holdings, Inc. DHT Holdings, Inc. DHT Holdings, Inc. *Value adjusted is defined as an adjustment to reflect the difference between the carrying amount and the market valuations of the Company’s vessels (as determined quarterly by a broker approved by the financial institution) As of September 30, 2021, the Company was in compliance with its financial covenants.

Vessels

Vessels	9 Months Ended
	Sep. 30, 2021
Vessels [Abstract]
Vessels	Note 5 – Vessels The carrying values of the vessels may not represent their fair market value at any point in time since the market prices of second-hand vessels tend to fluctuate with changes in charter rates and the cost of constructing new vessels. Historically, both charter rates and vessel values have been cyclical. The carrying amounts of vessels held and used by us are reviewed for potential impairment or reversal of prior impairment charges whenever events or changes in circumstances indicate that the carrying amount of a particular vessel may not accurately reflect the recoverable amount of a particular vessel. Cost of Vessels $ in thousands At January 1, 2021 2,121,455 Additions 68,163 Transferred from vessels upgrades 101,199 Retirement * (149,340 ) At September 30, 2021 2,141,478 Depreciation, impairment and amortization $ in thousands At January 1, 2021 645,020 Depreciation and amortization 95,213 Retirement * (77,430 ) At September 30, 2021 662,803 Carrying Amount $ in thousands At January 1, 2021 1,476,436 At September 30, 2021 1,478,675 * Relates to the sale of DHT Lake, DHT Raven, and DHT Condor, completed depreciation of drydocking for DHT Amazon, DHT Bauhinia, DHT Europe, DHT Lion, DHT Peony, DHT Puma, DHT Redwood and DHT Tiger in addition to completed amortization of time charter contract for DHT China. Cost of advances of vessels and vessel upgrades $ in thousands At January 1, 2021 17,269 Additions 94,247 Transferred to vessels (101,199 ) At September 30, 2021 10,318 Carrying Amount $ in thousands At January 1, 2021 17,269 At September 30, 2021 10,318 Cost of advances of vessels and vessel upgrades relates to prepaid scrubbers, drydockings and ballast water treatment systems.

Stockholders equity and dividen

Stockholders equity and dividend payment	9 Months Ended
	Sep. 30, 2021
Stockholders equity and dividend payment [Abstract]
Stockholders equity and dividend payment	Note 6 – Stockholders equity and dividend payment Common stock Preferred stock Issued at September 30 2021 166,687,881 - Numbers of shares authorized for issue at September 30 2021 250,000,000 1,000,000 Par value $ 0.01 $ 0.01 Common stock: Each outstanding share of common stock entitles the holder to one vote on all matters submitted to a vote of stockholders. Stock repurchases In the third quarter of 2021, the Company purchased 1,230,302 of its own shares in the open market for an aggregate consideration of $6.7 million, at an average price of $5.466. In the second quarter of 2021, the Company purchased 3,721,841 of its own shares in the open market for an aggregate consideration of $22.5 million, at an average price of $6.025. All shares have been retired upon receipt. Dividend payment Dividend payment as of September 30, 2021: Payment date Total Payment Per common share August 26, 2021 $ 3.3 million $ 0.02 May 26, 2021 $ 6.8 million $ 0.04 February 25, 2021 $ 8.6 million $ 0.05 Total payment as of September 30, 2021 $ 18.7 million $ 0.11 Dividend payment as of December 31, 2020: Payment date Total Payment Per common share November 25, 2020 $ 34.2 million $ 0.20 September 2, 2020 $ 82.0 million $ 0.48 May 26, 2020 $ 51.5 million $ 0.35 February 25, 2020 $ 47.0 million $ 0.32 Total payment as of December 31, 2020 $ 214.7 million $ 1.35

Accounts receivable and accrued

Accounts receivable and accrued revenues	9 Months Ended
	Sep. 30, 2021
Accounts receivable and accrued revenues [Abstract]
Accounts receivable and accrued revenues	Note 7 – Accounts receivable and accrued revenues Accounts receivable and accrued revenues totaling $17.3 million as of September 30, 2021 consists of mainly accounts receivable with no material amounts overdue.

Deferred shipping revenues

Deferred shipping revenues	9 Months Ended
	Sep. 30, 2021
Deferred shipping revenues [Abstract]
Deferred shipping revenues	Note 8 – Deferred shipping revenues Deferred shipping revenues relates to charter hire payments paid in advance. As of September 30, 2021, $4.0 million was recognized as deferred shipping revenues in the condensed consolidated statement of financial position.

Financial risk management, obje

Financial risk management, objectives and policies	9 Months Ended
	Sep. 30, 2021
Financial risk management, objectives and policies [Abstract]
Financial risk management, objectives and policies	Note 9 – Note 9 in the 2020 annual report on Form 20-F provides for details of financial risk management objectives and policies. The Company’s principal financial liability consists of long-term debt with the main purpose being to partly finance the Company’s assets and operations. The Company’s financial assets mainly comprise cash. The Company is exposed to market risk, credit risk and liquidity risk. The Company’s senior management oversees the management of these risks.

Subsequent events

Subsequent events	9 Months Ended
	Sep. 30, 2021
Subsequent events [Abstract]
Subsequent events	Note 10 – Subsequent events On October 22, 2021, The Norwegian Shipowner’s Mutual War Risks Insurance Association (“DNK”) obtained approval from The Financial Supervisory Authority of Norway to return $300 million to its members. As a member of DNK, DHT expects to receive between $5.5 million and $6.5 million as distribution of equity within the first quarter of 2022. The distribution may be subject to withholding tax. On November 1, 2021, the Board approved a dividend of $0.02 per common share related to the third quarter 2021 to be paid on November 23, 2021 for shareholders of record as of November 16, 2021.

General accounting principles (

General accounting principles (Policies)	9 Months Ended
	Sep. 30, 2021
General accounting principles [Abstract]
Statement of compliance	The condensed consolidated interim financial statements have been prepared in accordance with IAS 34 “Interim Financial Reporting” as issued by the International Accounting Standards Board (“IASB”).
Basis of preparation	The condensed consolidated interim financial statements have been prepared on a historical cost basis, except for derivative financial instruments that have been measured at fair value. The accounting policies applied in these condensed consolidated interim financial statements are consistent with those presented in the 2020 audited consolidated financial statements.
Application of new and revised International Financial Reporting Standards ("IFRSs")	Application of new and revised International Financial Reporting Standards (“IFRSs”) New and revised IFRSs that are not mandatorily effective (but allow early application) for the financial year beginning January 1, 2021 are listed below. The standards are not expected to have any material impact on the financial statements: o IFRS 17 Insurance Contracts o Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associates or Joint Venture o Amendments to IAS 1 Classification of Liabilities as Current or Non-current o Amendments to IFRS 3 Reference to the Conceptual Framework o Amendments to IAS 16 Property, Plant and Equipment – Proceeds before Intended Use o Amendments to IAS 37 Onerous Contracts – Cost to Fulfilling a Contract o Annual Improvements to IFRS Standards 2018-2020 Cycle - Amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards, IFRS 9 Financial Instruments, IFRS 16 Leases and IAS 41 Agriculture

Segment reporting (Tables)

Segment reporting (Tables)	9 Months Ended
	Sep. 30, 2021
Segment reporting [Abstract]
Shipping Revenues	The below table details the Company’s shipping revenues: $ in thousands Q3 2021 Q3 2020 9M 2021 9M 2020 Time charter revenues* 28,576 51,835 119,420 126,168 Voyage charter revenues 30,519 90,362 92,598 473,878 Shipping revenues 59,095 142,196 212,018 600,046 * The portion of time charter revenue related to technical management services, equaling in the first three quarters of 2021 and in the first three quarters of 2020 is recognized in accordance with IFRS 15 Revenue from Contracts with Customers. The remaining portion of time charter revenue is recognized in accordance with IFRS 16 Leases.

Interest bearing debt (Tables)

Interest bearing debt (Tables)	9 Months Ended
	Sep. 30, 2021
Interest bearing debt [Abstract]
Scheduled Debt Repayments and Margin Above Libor	Scheduled debt repayments (USD thousands) and margin above Libor $ in thousands Margin above Libor Q4 2021 2022 2023 Thereafter Total ABN Amro Credit Facility * 2.40 % - - 30,811 199,256 230,067 Credit Agricole Credit Facility 2.19 % 676 2,703 32,433 - 35,812 Danish Ship Finance Credit Facility 2.00 % 1,213 2,427 2,427 29,120 35,187 Nordea Credit Facility ** 1.90 % 1,250 5,000 26,591 199,709 232,550 Total 3,139 10,129 92,262 428,085 533,616 Unamortized upfront fees bank loans (8,817 ) Total interest bearing debt 524,799 * $100.0 mill. undrawn as of September 30, 2021. **$80.5 mill. undrawn as of September 30, 2021.
Derivatives Interest Rate Swaps	$ in thousands Expires Notional amount Q3 2021 Current liability Q3 2021 Non-current liability Q3 2021 Fair value Q3 2021 Swap pays 2.987 Apr. 20, 2023 40,200 1,057 585 1,642 Swap pays 3.012 Apr. 20, 2023 40,200 1,067 590 1,657 Swap pays 3.019 Sep. 29, 2023 28,818 709 707 1,416 Swap pays 3.019 Sep. 29, 2023 27,904 685 683 1,368 Swap pays 2.8665 Sep. 29, 2023 44,333 1,056 1,053 2,109 Swap pays 2.8785 Jun. 30, 2023 38,748 945 707 1,652 Swap pays 2.885 Sep. 29, 2023 43,690 1,052 1,049 2,101 Swap pays 2.897 Sep. 30, 2023 38,926 933 933 1,866 Swap pays 3.020%, receive floating Sep. 29, 2023 37,241 935 933 1,868 Total carrying amount 340,059 8,439 7,240 15,680
Financial Covenant Compliance	The Company’s financial covenants are summarized as follows as of September 30, 2021: ABN Amro Credit Agricole Danish Ship Finance Nordea Security 12 VLCCs 1 VLCC 1 VLCC 12 VLCCs Charter free market value of vessels that secure facility must be no less than 135% of borrowings 135% of borrowings 135% of borrowings 135% of borrowings Value adjusted* tangible net worth $300 million and 25% of value adjusted total assets $200 million and 25% of value adjusted total assets $300 million and 25% of value adjusted total assets $300 million and 25% of value adjusted total assets Unencumbered cash of at least Higher of $30 million or 6% of gross interest bearing debt Higher of $20 million or 6% of gross interest bearing debt Higher of $30 million or 6% of gross interest bearing debt Higher of $30 million or 6% of gross interest bearing debt Guarantor DHT Holdings, Inc. DHT Holdings, Inc. DHT Holdings, Inc. DHT Holdings, Inc. *Value adjusted is defined as an adjustment to reflect the difference between the carrying amount and the market valuations of the Company’s vessels (as determined quarterly by a broker approved by the financial institution)

Vessels (Tables)

Vessels (Tables)	9 Months Ended
	Sep. 30, 2021
Vessels [Abstract]
Vessel Costs	Cost of Vessels $ in thousands At January 1, 2021 2,121,455 Additions 68,163 Transferred from vessels upgrades 101,199 Retirement * (149,340 ) At September 30, 2021 2,141,478 Depreciation, impairment and amortization $ in thousands At January 1, 2021 645,020 Depreciation and amortization 95,213 Retirement * (77,430 ) At September 30, 2021 662,803 Carrying Amount $ in thousands At January 1, 2021 1,476,436 At September 30, 2021 1,478,675 * Relates to the sale of DHT Lake, DHT Raven, and DHT Condor, completed depreciation of drydocking for DHT Amazon, DHT Bauhinia, DHT Europe, DHT Lion, DHT Peony, DHT Puma, DHT Redwood and DHT Tiger in addition to completed amortization of time charter contract for DHT China. Cost of advances of vessels and vessel upgrades $ in thousands At January 1, 2021 17,269 Additions 94,247 Transferred to vessels (101,199 ) At September 30, 2021 10,318 Carrying Amount $ in thousands At January 1, 2021 17,269 At September 30, 2021 10,318

Stockholders equity and divid_2

Stockholders equity and dividend payment (Tables)	9 Months Ended
	Sep. 30, 2021
Stockholders equity and dividend payment [Abstract]
Stockholders Equity	Common stock Preferred stock Issued at September 30 2021 166,687,881 - Numbers of shares authorized for issue at September 30 2021 250,000,000 1,000,000 Par value $ 0.01 $ 0.01
Dividend Payment	Dividend payment as of September 30, 2021: Payment date Total Payment Per common share August 26, 2021 $ 3.3 million $ 0.02 May 26, 2021 $ 6.8 million $ 0.04 February 25, 2021 $ 8.6 million $ 0.05 Total payment as of September 30, 2021 $ 18.7 million $ 0.11 Dividend payment as of December 31, 2020: Payment date Total Payment Per common share November 25, 2020 $ 34.2 million $ 0.20 September 2, 2020 $ 82.0 million $ 0.48 May 26, 2020 $ 51.5 million $ 0.35 February 25, 2020 $ 47.0 million $ 0.32 Total payment as of December 31, 2020 $ 214.7 million $ 1.35

Segment reporting, Shipping rev

Segment reporting, Shipping revenues (Details) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)Segment	Sep. 30, 2020USD ($)
Operating Segments [Abstract]
Number of operating segments | Segment				1
Shipping Revenues [Abstract]
Shipping revenues		$ 59,095	$ 142,196	$ 212,018	$ 600,046
IFRS 15 [Member]
Shipping Revenues [Abstract]
Shipping revenues		8,800	8,900	30,800	19,200
Time Charter Revenues [Member]
Shipping Revenues [Abstract]
Shipping revenues	[1]	28,576	51,835	119,420	126,168
Voyage Charter Revenues [Member]
Shipping Revenues [Abstract]
Shipping revenues		$ 30,519	$ 90,362	$ 92,598	$ 473,878
[1]	The portion of time charter revenue related to technical management services, equaling in the first three quarters of 2021 and in the first three quarters of 2020 is recognized in accordance with IFRS 15 Revenue from Contracts with Customers. The remaining portion of time charter revenue is recognized in accordance with IFRS 16 Leases.

Segment reporting, Information

Segment reporting, Information about major customers (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)Vessel	Sep. 30, 2020USD ($)
Information about Major Customers [Abstract]
Number of vessels in operation | Vessel			26
Revenues	$ 59,095	$ 142,196	$ 212,018	$ 600,046
Time Charters [Member]
Information about Major Customers [Abstract]
Number of vessels in operation | Vessel			8
Spot Market [Member]
Information about Major Customers [Abstract]
Number of vessels in operation | Vessel			18
Customer One [Member]
Information about Major Customers [Abstract]
Revenues	7,700	17,600	$ 24,600	69,100
Customer Two [Member]
Information about Major Customers [Abstract]
Revenues	7,700	15,200	24,500	50,200
Customer Three [Member]
Information about Major Customers [Abstract]
Revenues	7,500	13,500	24,200	50,100
Customer Four [Member]
Information about Major Customers [Abstract]
Revenues	5,700	11,400	19,800	34,400
Customer Five [Member]
Information about Major Customers [Abstract]
Revenues	5,700	9,200	16,600	30,600
Five Customers [Member]
Information about Major Customers [Abstract]
Revenues	$ 34,300	$ 67,000	$ 109,700	$ 234,300
Percentage of total revenue	56.00%	47.00%	52.00%	39.00%

Interest bearing debt, Schedule

Interest bearing debt, Scheduled debt repayments (Details) - USD ($) $ in Thousands		Sep. 30, 2021	Feb. 28, 2021	Jan. 31, 2021
Interest-bearing debt [Abstract]
Total debt		$ 533,616
Unamortized upfront fees bank loans		(8,817)
Total interest bearing debt		524,799
Q4 2021 [Member]
Interest-bearing debt [Abstract]
Total debt		3,139
2022 [Member]
Interest-bearing debt [Abstract]
Total debt		10,129
2023 [Member]
Interest-bearing debt [Abstract]
Total debt		92,262
Thereafter [Member]
Interest-bearing debt [Abstract]
Total debt		$ 428,085
ABN Amro Credit Facility [Member]
Interest-bearing debt [Abstract]
Interest rate spread	[1]	2.40%
Total debt	[1]	$ 230,067
Undrawn borrowing facilities		100,000
ABN Amro Credit Facility [Member] | Q4 2021 [Member]
Interest-bearing debt [Abstract]
Total debt	[1]	0
ABN Amro Credit Facility [Member] | 2022 [Member]
Interest-bearing debt [Abstract]
Total debt	[1]	0
ABN Amro Credit Facility [Member] | 2023 [Member]
Interest-bearing debt [Abstract]
Total debt	[1]	30,811
ABN Amro Credit Facility [Member] | Thereafter [Member]
Interest-bearing debt [Abstract]
Total debt	[1]	$ 199,256
Credit Agricole Credit Facility [Member]
Interest-bearing debt [Abstract]
Interest rate spread		2.19%
Total debt		$ 35,812
Credit Agricole Credit Facility [Member] | Q4 2021 [Member]
Interest-bearing debt [Abstract]
Total debt		676
Credit Agricole Credit Facility [Member] | 2022 [Member]
Interest-bearing debt [Abstract]
Total debt		2,703
Credit Agricole Credit Facility [Member] | 2023 [Member]
Interest-bearing debt [Abstract]
Total debt		32,433
Credit Agricole Credit Facility [Member] | Thereafter [Member]
Interest-bearing debt [Abstract]
Total debt		$ 0
Danish Ship Finance Credit Facility [Member]
Interest-bearing debt [Abstract]
Interest rate spread		2.00%
Total debt		$ 35,187
Danish Ship Finance Credit Facility [Member] | Q4 2021 [Member]
Interest-bearing debt [Abstract]
Total debt		1,213
Danish Ship Finance Credit Facility [Member] | 2022 [Member]
Interest-bearing debt [Abstract]
Total debt		2,427
Danish Ship Finance Credit Facility [Member] | 2023 [Member]
Interest-bearing debt [Abstract]
Total debt		2,427
Danish Ship Finance Credit Facility [Member] | Thereafter [Member]
Interest-bearing debt [Abstract]
Total debt		$ 29,120
Nordea Credit Facility [Member]
Interest-bearing debt [Abstract]
Interest rate spread	[2]	1.90%
Total debt	[2]	$ 232,550
Total interest bearing debt			$ 50,000	$ 15,000
Undrawn borrowing facilities	[2]	80,500
Nordea Credit Facility [Member] | Q4 2021 [Member]
Interest-bearing debt [Abstract]
Total debt	[2]	1,250
Nordea Credit Facility [Member] | 2022 [Member]
Interest-bearing debt [Abstract]
Total debt	[2]	5,000
Nordea Credit Facility [Member] | 2023 [Member]
Interest-bearing debt [Abstract]
Total debt	[2]	26,591
Nordea Credit Facility [Member] | Thereafter [Member]
Interest-bearing debt [Abstract]
Total debt	[2]	$ 199,709
[1]	$100.0 mill. undrawn as of September 30, 2021.
[2]	$80.5 mill. undrawn as of September 30, 2021.

Interest bearing debt, Credit F

Interest bearing debt, Credit Facility (Details) $ in Thousands		1 Months Ended		3 Months Ended		9 Months Ended
		Jun. 30, 2021USD ($)	May 31, 2021USD ($)Bank	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Mar. 31, 2021USD ($)	Feb. 28, 2021USD ($)	Jan. 31, 2021USD ($)
Credit Facility [Abstract]
Long term debt				$ 524,799		$ 524,799
Repayment of long-term debt				$ 1,926	$ 16,444	$ 4,490	$ 48,381
Nordea Credit Facility [Member]
Credit Facility [Abstract]
Long term debt									$ 50,000	$ 15,000
Repayment of long-term debt		$ 175,900
Adjustment to interest rate basis	[1]			1.90%		1.90%
ABN Amro Credit Facility [Member]
Credit Facility [Abstract]
Repayment of long-term debt		6,100
Adjustment to interest rate basis	[2]			2.40%		2.40%
Debt prepayment before installment term		33,400
ABN Amro Revolving Credit Facility [Member]
Credit Facility [Abstract]
Long term debt								$ 60,000
Repayment of long-term debt		60,000
New Credit Facility [Member]
Credit Facility [Abstract]
Long term debt		$ 233,800
Number of banks the Company entered into agreement with | Bank			7
Maximum borrowing capacity			$ 316,200
Uncommitted accordion available			$ 250,000
New Credit Facility [Member] | LIBOR [Member]
Credit Facility [Abstract]
Adjustment to interest rate basis			1.90%
[1]	$80.5 mill. undrawn as of September 30, 2021.
[2]	$100.0 mill. undrawn as of September 30, 2021.

Interest bearing debt, Derivati

Interest bearing debt, Derivatives - Interest rate swaps (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)Swap	Dec. 31, 2020USD ($)
Derivatives - interest rate swaps [Abstract]
Interest rate	2.95%
Notional amount	$ 340,059
Current liability	8,439	$ 9,073
Non-current liability	7,240	$ 14,601
Fair value	$ 15,680
Swap Pays 2.987% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	2.987%
Expiries	Apr. 20, 2023
Notional amount	$ 40,200
Current liability	1,057
Non-current liability	585
Fair value	$ 1,642
Swap Pays 3.012%, [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	3.012%
Expiries	Apr. 20, 2023
Notional amount	$ 40,200
Current liability	1,067
Non-current liability	590
Fair value	$ 1,657
Swap Pays 3.019% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	3.019%
Expiries	Sep. 29, 2023
Notional amount	$ 28,818
Current liability	709
Non-current liability	707
Fair value	$ 1,416
Swap Pays 3.019% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	3.019%
Expiries	Sep. 29, 2023
Notional amount	$ 27,904
Current liability	685
Non-current liability	683
Fair value	$ 1,368
Swap Pays 2.8665% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	2.8665%
Expiries	Sep. 29, 2023
Notional amount	$ 44,333
Current liability	1,056
Non-current liability	1,053
Fair value	$ 2,109
Swap Pays 2.8785% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	2.8785%
Expiries	Jun. 30, 2023
Notional amount	$ 38,748
Current liability	945
Non-current liability	707
Fair value	$ 1,652
Swap Pays 2.885% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	2.885%
Expiries	Sep. 29, 2023
Notional amount	$ 43,690
Current liability	1,052
Non-current liability	1,049
Fair value	$ 2,101
Swap Pays 2.897% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	2.897%
Expiries	Sep. 30, 2023
Notional amount	$ 38,926
Current liability	933
Non-current liability	933
Fair value	$ 1,866
Swap Pays 3.020% [Member]
Derivatives - interest rate swaps [Abstract]
Interest rate	3.02%
Expiries	Sep. 29, 2023
Notional amount	$ 37,241
Current liability	935
Non-current liability	933
Fair value	$ 1,868
Second Quarter 2023 to Third Quarter 2023 [Member]
Derivatives - interest rate swaps [Abstract]
Number of interest rate swaps | Swap	9

Interest bearing debt, Covenant

Interest bearing debt, Covenant compliance (Details) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)VLCC
ABN Amro Credit Facility [Member]
Summary of financial covenants [Abstract]
Security	12 VLCCs
Charter free market value of vessels that secure facility must be no less than	135% of borrowings
Value adjusted tangible net worth	$300 million and 25% of value adjusted total assets	[1]
Unencumbered cash of at least	Higher of $30 million or 6% of gross interest bearing debt
Guarantor	DHT Holdings, Inc.
Credit facility covenant, Number of VLCCs used as security | VLCC	12
Credit facility covenant, required adjusted tangible net worth	$ 300	[1]
Credit facility covenant, required percentage of adjusted tangible net worth to total assets	25.00%	[1]
ABN Amro Credit Facility [Member] | Bottom of range [member]
Summary of financial covenants [Abstract]
Credit facility covenant, required percentage of charter-free market value of vessels to borrowings	135.00%
Credit facility covenant, required unencumbered consolidated cash	$ 30
Credit facility covenant, required percentage of unencumbered consolidated cash to gross interest bearing debt	6.00%
Credit Agricole Credit Facility [Member]
Summary of financial covenants [Abstract]
Security	1 VLCCs
Charter free market value of vessels that secure facility must be no less than	135% of borrowings
Value adjusted tangible net worth	$200 million and 25% of value adjusted total assets	[1]
Unencumbered cash of at least	Higher of $20 million or 6% of gross interest bearing debt
Guarantor	DHT Holdings, Inc.
Credit facility covenant, Number of VLCCs used as security | VLCC	1
Credit facility covenant, required adjusted tangible net worth	$ 200	[1]
Credit facility covenant, required percentage of adjusted tangible net worth to total assets	25.00%	[1]
Credit Agricole Credit Facility [Member] | Bottom of range [member]
Summary of financial covenants [Abstract]
Credit facility covenant, required percentage of charter-free market value of vessels to borrowings	135.00%
Credit facility covenant, required unencumbered consolidated cash	$ 20
Credit facility covenant, required percentage of unencumbered consolidated cash to gross interest bearing debt	6.00%
Danish Ship Finance Credit Facility [Member]
Summary of financial covenants [Abstract]
Security	1 VLCC
Charter free market value of vessels that secure facility must be no less than	135% of borrowings
Value adjusted tangible net worth	$300 million and 25% of value adjusted total assets	[1]
Unencumbered cash of at least	Higher of $30 million or 6% of gross interest bearing debt
Guarantor	DHT Holdings, Inc.
Credit facility covenant, Number of VLCCs used as security | VLCC	1
Credit facility covenant, required adjusted tangible net worth	$ 300	[1]
Credit facility covenant, required percentage of adjusted tangible net worth to total assets	25.00%	[1]
Danish Ship Finance Credit Facility [Member] | Bottom of range [member]
Summary of financial covenants [Abstract]
Credit facility covenant, required percentage of charter-free market value of vessels to borrowings	135.00%
Credit facility covenant, required unencumbered consolidated cash	$ 30
Credit facility covenant, required percentage of unencumbered consolidated cash to gross interest bearing debt	6.00%
Nordea Credit Facility [Member]
Summary of financial covenants [Abstract]
Security	12 VLCCs
Charter free market value of vessels that secure facility must be no less than	135% of borrowings
Value adjusted tangible net worth	$300 million and 25% of value adjusted total assets	[1]
Unencumbered cash of at least	Higher of $30 million or 6% of gross interest bearing debt
Guarantor	DHT Holdings, Inc.
Credit facility covenant, Number of VLCCs used as security | VLCC	12
Credit facility covenant, required adjusted tangible net worth	$ 300	[1]
Credit facility covenant, required percentage of adjusted tangible net worth to total assets	25.00%	[1]
Nordea Credit Facility [Member] | Bottom of range [member]
Summary of financial covenants [Abstract]
Credit facility covenant, required percentage of charter-free market value of vessels to borrowings	135.00%
Credit facility covenant, required unencumbered consolidated cash	$ 30
Credit facility covenant, required percentage of unencumbered consolidated cash to gross interest bearing debt	6.00%
[1]	Value adjusted is defined as an adjustment to reflect the difference between the carrying amount and the market valuations of the Company’s vessels (as determined quarterly by a broker approved by the financial institution)

Vessels (Details)

Vessels (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Reconciliation of changes in property, plant and equipment [abstract]
Balance, beginning of period	$ 1,476,436
Balance, end of period	1,478,675
Cost [Member]
Reconciliation of changes in property, plant and equipment [abstract]
Balance, beginning of period	2,121,455
Additions	68,163
Transferred from vessels upgrades	101,199
Retirement	(149,340)	[1]
Balance, end of period	2,141,478
Depreciation, Impairment and Amortization [Member]
Reconciliation of changes in property, plant and equipment [abstract]
Balance, beginning of period	(645,020)
Depreciation and amortization	(95,213)
Retirement	77,430	[1]
Balance, end of period	(662,803)
Advances of Vessels and Vessel Upgrades [Member]
Reconciliation of changes in property, plant and equipment [abstract]
Balance, beginning of period	17,269
Balance, end of period	10,318
Advances of Vessels and Vessel Upgrades [Member] | Cost [Member]
Reconciliation of changes in property, plant and equipment [abstract]
Balance, beginning of period	17,269
Additions	94,247
Transferred to vessels	(101,199)
Balance, end of period	$ 10,318
[1]	Relates to the sale of DHT Lake, DHT Raven, and DHT Condor, completed depreciation of drydocking for DHT Amazon, DHT Bauhinia, DHT Europe, DHT Lion, DHT Peony, DHT Puma, DHT Redwood and DHT Tiger in addition to completed amortization of time charter contract for DHT China.

Stockholders equity and divid_3

Stockholders equity and dividend payment, Stockholders equity (Details)	9 Months Ended
	Sep. 30, 2021Vote$ / sharesshares
Common Stock [Abstract]
Number of vote per common stock | Vote	1
Common Stock [Member]
Stockholders' Equity [Abstract]
Issued (in shares)	166,687,881
Number of shares authorized for issue (in shares)	250,000,000
Par value (in dollars per share) | $ / shares	$ 0.01
Preferred Stock [Member]
Stockholders' Equity [Abstract]
Issued (in shares)	0
Number of shares authorized for issue (in shares)	1,000,000
Par value (in dollars per share) | $ / shares	$ 0.01

Stockholders equity and divid_4

Stockholders equity and dividend payment, Stock repurchases (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2021
Stock Repurchases [Abstract]
Share repurchases (in shares)	1,230,302	3,721,841
Aggregate consideration	$ 6,700	$ 22,500	$ 29,207
Average price (in dollars per share)	$ 5.466	$ 6.025

Stockholders equity and divid_5

Stockholders equity and dividend payment, Dividend payment (Details) - USD ($) $ / shares in Units, $ in Thousands	Aug. 26, 2021	May 26, 2021	Feb. 25, 2021	Nov. 25, 2020	Sep. 02, 2020	May 26, 2020	Feb. 25, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Dividend Payment [Abstract]
Total payment	$ 3,300	$ 6,800	$ 8,600	$ 34,200	$ 82,000	$ 51,500	$ 47,000	$ 18,749	$ 180,509	$ 214,700
Per common share (in dollars per share)	$ 0.02	$ 0.04	$ 0.05	$ 0.20	$ 0.48	$ 0.35	$ 0.32	$ 0.11		$ 1.35

Accounts receivable and accru_2

Accounts receivable and accrued revenues (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts receivable and accrued revenues [Abstract]
Accounts receivable and accrued revenues	$ 17,348	$ 30,060

Deferred shipping revenues (Det

Deferred shipping revenues (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Deferred shipping revenues [Abstract]
Deferred shipping revenues	$ 4,046	$ 16,236

Subsequent events (Details)

Subsequent events (Details) - USD ($) $ / shares in Units, $ in Millions

Nov. 01, 2021

Aug. 26, 2021

May 26, 2021

Feb. 25, 2021

Nov. 25, 2020

Sep. 02, 2020

May 26, 2020

Feb. 25, 2020

Mar. 31, 2022

Sep. 30, 2021

Dec. 31, 2020

Oct. 22, 2021

Dividend Payment [Abstract]

Per common share (in dollars per share)

$ 0.02

$ 0.04

$ 0.05

$ 0.20

$ 0.48

$ 0.35

$ 0.32

$ 0.11

$ 1.35

Subsequent events [Member]

Dividend Payment [Abstract]

Amount of distribution of equity to be returned to members by DNK

$ 300

Per common share (in dollars per share)

$ 0.02

Dividend payable date

Nov. 23, 2021

Dividend payable, record date

Nov. 16, 2021

Forecast [Member] | Bottom of range [member]

Dividend Payment [Abstract]

Amount of distribution of equity expected to be received

$ 5.5

Forecast [Member] | Top of range [member]

Dividend Payment [Abstract]

Amount of distribution of equity expected to be received

$ 6.5