2008 MAY 12 - (VerticalNews.com) -- Double Hull Tankers, Inc. (NYSE:DHT) announced the pricing of 8,000,000 common shares at a public offering price of $10.50 per share in an underwritten public offering. In connection with the offering, the underwriters have been granted an option to purchase up to 1,200,000 additional common shares to cover overallotments, if any.

  The net proceeds from the underwritten public offering, after underwriting discounts and offering expenses, to the company will be $79,478,360. The company intends to use the net proceeds of the offering for general corporate purposes, which may include, without limitation, vessel acquisitions, business acquisitions or other strategic alliances, reduction of outstanding borrowings, capital expenditures and working capital ...read more

  2008 MAY 12 - (VerticalNews.com) -- Double Hull Tankers, Inc. (NYSE:DHT) announced that it plans to offer approximately 7,000,000 common shares in a registered public offering, subject to market conditions. In connection with the offering, the company expects to grant the underwriters an option to purchase up to 1,050,000 additional common shares to cover over allotments, if any.

  The company intends to use the net proceeds of the offering for general corporate purposes, which may include, without limitation, vessel acquisitions, business acquisitions or other strategic alliances, reduction of outstanding borrowings, capital expenditures and working capital ...read more

  2008 MAY 12 - (VerticalNews.com) -- Double Hull Tankers, Inc. (NYSE:DHT) announced the pricing of 8,000,000 common shares at a public offering price of $10.50 per share in an underwritten public offering. In connection with the offering, the underwriters have been granted an option to purchase up to 1,200,000 additional common shares to cover overallotments, if any.

  The net proceeds from the underwritten public offering, after underwriting discounts and offering expenses, to the company will be $79,478,360. The company intends to use the net proceeds of the offering for general corporate purposes, which may include, without limitation, vessel acquisitions, business acquisitions or other strategic alliances, reduction of outstanding borrowings, capital expenditures and working capital ...read more