Strong results and weak share prices illustrate the paradox facing Hafnia and its tanker peers
While product tanker rates have been exceptionally high and have given Hafnia a record result, the company's stock has gone down 35 percent since the turn of the year. "Disappointing," says CEO Mikael Skov, who believes that there is only one way to change this.
Hafnia CEO Mikael Skov is, not surprisingly, very pleased that the stock-listed product tanker shipping company was able to deliver a first quarter profit of USD 77 million, which he describes as the best result since the company was established in 2011 as Tankers Inc.
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