Hafnia and Norden hit by increased tanker trading following the Ukraine war

Russia’s warfare in Ukraine has created a boom in ship trading that drains the two carriers’ tanker pools. Some new owners will likely want to carry Russian oil, says Norden.

Søren Huscher (left), head of Pool Management at Norden and Anders Birk, Pool Management. | Photo: Norden

by Dag Holmstad, Astrid Sturlason

Carriers Hafnia and Norden are, like their competitor Maersk Tankers, experiencing a setback in their pool businesses through which they profit from operating tankers on behalf of other owners.

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Hafnia and Norden hit by increased tanker trading following the Ukraine war

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Maersk Tankers postpone ambitious target of deploying 300 vessels

Plan for Norden's new division changed markedly in eight weeks

Norden reshuffles management and dials up growth ambitions

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

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Opinion: Europe's key ports have become better connected after Covid

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Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Dubai challenges Singapore as shipping's favorite city

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Carsten Mortensen wants to build green reefer ship for banana export

John Fredriksen has increased his wealth by NOK 81bn this year

Hafnia believes customers want to sail green — but not yet

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