Double Hull Tankers, Inc. to Announce Fourth Quarter Fiscal 2005 Earnings on February 28, 2006.ST. HELIER, JERSEY, Channel Islands -- Double Hull Tankers, Inc. (NYSE NYSE See: New York Stock Exchange :DHT (Distributed Hash Table) A method for storing hash tables in geographically distributed locations in order to provide a failsafe lookup mechanism for distributed computing. ) announced today that it plans to release its fourth quarter fiscal 2005 earnings on Tuesday February 28, 2006, prior to market open, and will host a conference call at 1:00 p.m. ET on the same day to discuss results for the quarter. All shareholders and other interested parties are invited to participate by calling (800) 573-4752 within the United States and +1 617 224 4324 for international callers. The passcode is "Double Hull". A live webcast of the conference call will be available in the Investor Relations Investor relations The process by which the corporation communicates with its investors. section on DHT's website at http://www.dhtankers.com. An audio replay of the conference call will be available from 3:00 p.m. ET on Tuesday, February 28, 2006 through March 7, 2006 by calling toll free (888) 286-8010 within the United States or +1 617 801 6888 for international callers. The password for the replay is 12672975. A webcast of the replay will be available in the Investor Relations section on DHT's website at http://www.dhtankers.com. About DHT On October 18, 2005, Double Hull Tankers, Inc. (DHT) commenced operations as an independent tanker company. DHT's modern fleet consists of three Very Large Crude Carriers (VLCCs) and four Aframax tankers. All seven vessels were chartered to Overseas Shipholding Group Overseas Shipholding Group, Inc. (OSG) is the second largest oil tanker company in the world. OSG has offices in Athens, London, Manila, Newcastle, New York and Singapore with more than 3200 sea and shore-based employees. , Inc. (OSG OSG Open Scene Graph OSG Open Science Grid OSG Office of the Secretary-General (United Nations) OSG Open Systems Group OSG Office of the Surgeon General (HHS - PHS) ) for periods ranging from five to six and one-half years. OSG, in turn, currently employs the vessels in the largest commercial tanker pools in their respective segments. DHT receives a base charter hire and will, through profit sharing profit sharing, arrangement by which employees receive, in addition to their wages, a share of the net profits of a business. The purpose is to give them an incentive to increase their output through enhanced morale, less wasteful use of materials, better care of agreements with OSG, benefit from the vessels' earnings, if any, in the pools over and above the base charter hire rates. The technical operations of the vessels are conducted by a subsidiary of OSG at substantially fixed costs to DHT. More information about DHT is available at the Company's web site at http://www.dhtankers.com. |
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