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The merger of BW Tankers and Hafnia Tankers into the new Hafnia could be followed up with new acquisitions, says CEO Mikael Skov in an interview with ShippingWatch. He points to one segment as particularly interesting.
The new Hafnia reports a profit for its first three months as an independent company following the merger between Hafnia Tankers and BW Tankers. The shipping company is optimistic about the future, in which the 2020 regulations are expected to boost activity.
Det nye Hafnia får overskud i sine første tre måneder som selvstændigt selskab efter fusionen mellem Hafnia Tankers og BW Tankers. Rederiet ser lyst på fremtiden, hvor 2020-kravene ventes at give medvind.
Flere rederier oplever store problemer og uoverenstemmelser, når de tanker brændstof til deres skibe i Rotterdam. Nu overvejer et dansk rederi at tage sagen i egen hånd med et utraditionelt forslag til sine leverandører.
Hafnia Management will open a new bunker office in Singapore, which will service the Hafnia pool's shipping company with fuel. The move is due in part to Hafnia Tankers' merger with BW Tankers.
Hafnia Management åbner et nyt bunkerkontor i Singapore, som skal servicere Hafnia-poolens rederi med brændstof. Flytningen skyldes til dels Hafnia Tankers fusion med BW Tankers.
Maersk Tankers wanted to acquire Hafnia's fleet, but was beaten by BW Group and the Sohmen-Pao family with an attractive offer to buy the entire shipping company. ShippingWatch reconstructs the story about how one of the world's biggest product tanker carriers was created.
Are the three recent changes in ownership of Unifeeder, Nordic Tankers and Hafnia Tankers a sign that private equity is leaving shipping after gaining hard-earned experience? Not necessarily, say several observers. ShippingWatch provides an overview of the transactions completed in recent years.
Hafnia Tankers and BW Tankers can now move to the next stage of their merger, which will create a new, major product tanker player under the Hafnia name. On Thursday, Hafnia's shareholders approved the merger.
The new Hafnia company that will be born with the merger between BW Tankers and Hafnia Tankers will become a major player in product tanker Better utilization and fleet positioning will be possible, CEO Mikael Skov tells ShippingWatch. Most of 2018 brought a disappointing product tanker market, he says.
One of the world's largest product tanker carriers will soon see the light of day. According to several sources speaking to ShippingWatch, the merger between Hafnia and BW Tankers is expected to be secured within the next few weeks.
Hafnia Tankers doubled its deficit in the third quarter, a period described by several product tanker operators as historically weak. Rates are looking stronger in the fourth quarter, reports Hafnia Tankers.
Consolidation within product tanker will continue, says CEO of Scorpio Group Robert Bugbee. In an interview with ShippingWatch, he assesses the remaining candidates and praises BW and Hafnia.
While new cases of bad bunker seem to have come to a halt, existing cases are still causing headaches among shipowners, charterers and suppliers, says Mathias Steinø, partner at firm Hafnia Law, to ShippingWatch.
En enhed under Glencore er hyret til at implementere it-system hos Hafnia. Systemet skal optimere dele af indkøbsprocessen af brændstof og give indkøberne mere tid til at tænke strategisk inden svovlkravene i 2020, lyder det.
BW Group has now officially entered the Hafnia Tankers board of directors after its acquisition of the Danish product tanker shipping company. Hafnia Tankers' CFO has also stepped down, while the work toward a merger with BW Tankers continues.
BW Tankers CEO Tina Revsbech has stepped down from the product tanker shipping company at a time when the company is negotiating a merger with competitor Hafnia Tankers.
Hafnia Tankers says in its interim report that the company is exploring the possibilities of consolidation with BW Tankers. "It's something we all want," Hafnia Tankers CEO Mikael Skov tells ShippingWatch.
Det vælter ind med henvendelser om dårlig bunker hos Hafnia Law. Det kan være helt afgørende for et juridisk opgør, at flere rederier nu vil arbejde sammen om sagen, siger partner Mathias Steinø til ShippingWatch.
Shipping companies should get together and find the source of the contaminated bunker that has plagued key ports for months, says Hafnia, which also criticizes certain suppliers for failing to assume responsibility.
The discrete Norwegian investor Sole Shipping, which has a large back catalog of sale and leaseback deals with prominent shipping companies, is ready for more deals with carriers after the company entered a million-dollar financing agreement with Hafnia Tankers recently.
Hafnia Tankers, which recently got BW Group as majority shareholder, has signed another sale and leaseback deal that contributes a double-digit million dollar figure in fresh liquidity.
Product tanker shipping company Diamond S is also looking into consolidation in the sector and has hired a financial consultant to explore future possibilities, reports Tradewinds.
The path is cleared for a new global player in product tanker with BW Group's purchase of shares in Hafnia Tankers. The upcoming partnership could have a big impact on the Danish maritime cluster, sources tell ShippingWatch.
BW Group's large acquisition of shares in Hafnia Tankers could lead to two paths, sources tell ShippingWatch. Very positive for Hafnia Tankers that BW Group becomes new majority shareholder in company, CEO Mikael Skov tells ShippingWatch.
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