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Hafnia

Read all the latest news about Hafnia. ShippingWatch gives you independent, credible, critical and fair news.

Hafnia books deficit in first financial report since listing

Product tanker company Hafnia, like its competitors, was impacted by a difficult market in the third quarter, ultimately landing the company in a deficit. However, the company remains in a profit for 2019 and sees signs of a market improvement from the beginning of the fourth quarter.

Tina Revsbech has found a new executive job in shipping

Former BW Tankers Chief Executive Tina Revsbech has found her new executive position in shipping. A little over a year ago she departed BW Tankers in the midst of the company's merger plans with Hafnia, with Mikael Skov ending up as CEO of the merged company.

Hafnia's listing provides good indication of its value

Hafnia lists its stock on Norwegian exchange Oslo Axess under the Oslo Stock Exchange. Its book-building process, taking place on Oct. 31, gives a good indication of the price its shares will be traded at, and thus the shipping company's value.

Hafnia believes in VLCC effect into first months of 2020

First VLCC rates soared to USD 300,000 per day, then dipped down to USD 150,000 to end up around USD 100,000. But the still-high level could have a longer-term impact on product tanker, Hafnia tells ShippingWatch. Clarksons Platou agrees.

Hafnia lands major profit in difficult market

Unlike several of its competitors, Hafnia books a profit on its bottom line for the second quarter. "We've been good at focusing on business despite our many integration processes," CEO Mikael Skov tells ShippingWatch.

Hafnia and Mikael Skov open to more acquisitions

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.

Hafnia books first profit after merger

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.

Hafnia får første overskud efter fusion

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.

Rederier efterlyser opgør med snyd i Rotterdam

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.

The Sohmen-Pao family trumped Maersk's bid on Hafnia

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 equity funds moving on from shipping investments?

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's shareholders approve merger

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.

Hafnia and BW Tankers merger in place within one month

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.

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