Case Study

Double hull tankers: A focus on crude oil shipping (B)

1 pages
September 2008
Reference: IMD-3-1936

Double Hull Tankers, Inc. commenced operations in October 2005 with a singular focus on the transportation of crude oil, DHTs strategy was to take advantage of the stable cash flow associated with chartering vessels on long-term contracts. CEO Ole Jacob Diesen needed to assess how best to grow earnings and provide funds for future debt amortization while maintaining a dividend at a time of high market volatility.

International Shipping, Shipping
Field Research
© 2008
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