The sale of DHT Scandinavia for $43.4 million represents a strategic move to optimize DHT Holdings' fleet composition and balance sheet. For a 17-year-old VLCC, this is a strong price realization in the current market. With no outstanding debt on the vessel, the full proceeds provide significant financial flexibility for the company. The strategic options for fund allocation - whether through fleet renewal, share repurchases, or debt reduction - all support shareholder value creation. The transaction will also improve the company's environmental metrics and fleet age profile, which is increasingly important for charterers and investors. This asset optimization aligns with industry trends toward newer, more efficient vessels while capitalizing on strong second-hand vessel values.