UPDATE 1-DHT Maritime Q3 meets view, suspends dividend

* Q3 adj EPS $0.07 vs est. $0.07

* Q3 rev falls 27 pct

* Sees growth demand for transportation to remain flat

* Shares down 5 pct Nov 24 (Reuters) - Oil tanker company DHT Maritime Inc (DHT.N) reported a lower third-quarter profit that met analysts' estimates, and suspended dividend for the quarter to preserve liquidity for its financial commitments.

Shares of the company were down 5 percent at $3.85 in trading before the bell. They closed at $4.05 Monday on the New York Stock Exchange.

For the third quarter, net income dropped to $1.1 million, or 2 cents a share, from $12.3 million, or 31 cents a share, last year.

Excluding items, earnings were 7 cents a share.

Total revenue was $22.7 million, a 27 percent decline over the last year.

Analysts, on average, were expecting the company to report earnings of 7 cents a share, excluding items, on revenue of $22.7 million, according to Thomson Reuters I/B/E/S.

However, the company said it expects net growth in tonnage supply to be only about 3 to 4 percent in 2010, mainly hurt by the phase out of single hull and older vessels.

The company also said the current charter rates obtainable in the spot market are expected to continue to have a negative impact on its revenue. (Reporting by Thyagaraju Adinarayan in Bangalore; Editing by Maju Samuel) ((thyagaraju.adinarayan@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: thyagaraju.adinarayan.reuters.com@reuters.net))