Tanker

Hafnia continues product tanker boom with largest profit in four quarters

The product tanker carrier, owned by BW Group, profits from turmoil in the Red Sea and pays out 80% of net profits in dividends.
"In the first quarter, the product tanker market was significantly impacted by events in the Red Sea, causing vessels to take longer routes. Looking ahead to the rest of 2024, the outlook remains positive," says Mikael Skov, CEO of Hafnia in the quarterly report. | Photo: Hafnia
"In the first quarter, the product tanker market was significantly impacted by events in the Red Sea, causing vessels to take longer routes. Looking ahead to the rest of 2024, the outlook remains positive," says Mikael Skov, CEO of Hafnia in the quarterly report. | Photo: Hafnia
by DAG HOLMSTAD

Hafnia, one of the world’s largest chemical and product tanker carriers, is reaping the benefits of the current unrest in the Red Sea and energy markets.

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