Tanker

Hafnia expects gradual improvement after loss in the first quarter

Low activity and low demand for oil resulted in a loss of USD 15.7 million for tanker carrier Hafnia in the first quarter of the year. CEO Mikael Skov expects an improvement of the market toward the third quarter.
Mikael Skov, CEO, Hafnia | Photo: PR / Hafnia
Mikael Skov, CEO, Hafnia | Photo: PR / Hafnia
by JENS THOMSEN

Weak demand for oil, as a result of the Covid-19 pandemic, pressured revenue at product tanker carrier Hafnia in the first quarter, wherein the company saw a net loss of USD 15.7 million.

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