DHT Holdings, Inc. (NYSE:DHT) Q4 2022 Earnings Call Transcript

So they’re probably monitoring this space to a great detail to avoid being entangled in something undesirable. So it is becoming a big deal, frankly. And maybe the politicians that have set out current sanctions were also aware of this that it would happen. And it’s an acceptable collateral damage, if you like, by trying to achieve the other things of depriving these countries or revenues related to selling oil. But there are some flag states here that are registered on number of these ships. We question whether they are actually following up the ships that are registered and whether they are complying with the laws and regulations. So there’s a lot of murky stuff going on. And we just can hope that the politicians that set out these strategies related to sanction also try to start to pick into these issues, because there’s also going to be safety concerns.

And I would wonder if we certainly have a big old oil tanker with 2 million barrels running around in a space that is also close to where people live. So say for the sake of argument, the Singapore Strait for that matter or West Indian Coast or in the middle of the Iranian Gulf or what not. So that is — sadly, maybe that’s what it takes for this to get up on the attention stand of politicians.

Operator: There seems to be no further questions at this time. So we’ll hand back for closing remarks.

Svein Moxnes Harfjeld: So thank you very much to all for following DHT, and we wish you all a good day.