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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.

Photo: PR / Hafnia

Product tanker operator Hafnia lands a profit of USD 12 million in the second quarter of the year, which is the first full quarter since the merger between BW Tankers and Hafnia Tankers became a reality.

The new structure of the company means that no comparable figures exist from the corresponding quarter last year. On the other hand, it is clear that the profit appears in a market where several competitors have otherwise seen red figures on the bottom line.

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