BW and Hafnia Tankers partnership could create new hub in Denmark

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.

A new dominant player appears set to emerge in product tanker following BW Group's decision to buy more stock in Hafnia Tankers.

Though shareholders in the Danish product tanker carrier will need to meet first, the acquisition marks a first step toward the consolidation for which the product tanker market has been waiting for years.

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