Hafnia Tankers made USD 11 million operating profit in 2014

Product tanker carrier Hafnia Tankers, based in Denmark, finished 2014 with a net profit of USD 2.3 million, and 2015 marked the beginning of the carrier's first real fiscal year after a long establishing phase headed by former executives from Torm.

Hafnia Tankers CEO Mikael Skob

Danish-based product tanker Hafnia Tankers made an operating profit of USD 11 million in 2014, compared to USD 10.7 million in the previous year. The net result came to USD 2.3 million, compared to a profit in 2013 of USD 8.6 million. The difference is due to significantly larger financial costs in the company, which has been establishing itself since the foundation in 2010, backed by equity fund Blackstone and with capital from especially British Barclays.

2015 will, following the establishing phase, be the first "real" and complete fiscal year for Hafnia Tankers as a company, which in 2014 had a revenue of about USD 119 million compared to USD 30.5 million in 2013.

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