Tanker

Hafnia pushes pessimism aside and hopes for more mergers in product tanker

Hafnia, which books red figures for the second quarter in a row, estimates that the overcapacity of filled oil inventories is gone and that oil demand will normalize in the second half of the year. Danish Ship Finance says that an improvement could be delayed until 2022. "That's not our thesis," says Hafnia CEO to ShippingWatch.
Photo: PR-FOTO
Photo: PR-FOTO
by DAG HOLMSTAD

Product tanker carriers have been under pressure to generate revenue since mid-2020, and Denmark-based Hafnia, part of BW Group in Singapore, is no exception.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs