Search results for: Hafnia Africa

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A list of search results

  • 2 November 2017
    Business & Finance

    Denmark-based Hafnia Tankers has completed its first sale and leaseback transaction in the Japanese market involving the company’s LR1 tanker, MT Hafnia Africa. As informed, the 74,500 dwt vessel has been sold to “a large Japanese private ship owning company” with an 8-year bareboat charter back with annual purchase options from year four onwards. The […]

  • 17 November 2017
    Business & Finance

    Denmark-based shipping company Hafnia Tankers ended the third quarter of this year with a net loss of USD 7.3 million, compared to a profit of USD 2.3 million posted in the corresponding period a year earlier.  “The overall product tanker market weakened further during the third quarter of 2017, reflecting the ongoing imbalance between supply […]

  • 11 February 2015
    Business & Finance

    Danish shipping company Hafnia Tankers has entered into an agreement to acquire four LR1 product tankers as it pushes to further expand its business within the product tanker segment. The quarter is scheduled to be delivered during the month of February. Once delivered, the vessels will all be joining the Straits Tankers LR1 Pool. The vessels in question […]

  • 15 March 2016
    Business & Finance

    The best product tanker market spot earnings since 2009 combined with a larger fleet contributed to Hafnia Tankers’ profit for the twelve months ended December 31, 2015 worth USD 59.6 million, a major recovery from USD 2.3 million reported in 2014. The book value of the fleet, including newbuilds, as of December 31, 2015 was USD […]

  • 29 October 2019
    Business & Finance

    Hafnia and CSSC have taken delivery of Hafnia Beijing, the fourth unit in a series of six LR1 vessels. 

  • 27 September 2019
    Business & Finance

    The company has also sold a 2004-built medium range tanker.

  • 15 January 2019
    Business & Finance

    The shareholders of Hafnia Tankers have given the green light to the company’s proposed merger with BW Tankers.

  • 21 August 2017
    Business & Finance

    Denmark-based shipping company Hafnia Tankers ended the first half of this year with a profit of USD 2.3 million, considerably lower compared to a profit of USD 17.2 million recorded in the same period last year. As explained, the poor product tanker market conditions contributed to the company’s net and operating profit for the six […]

  • 24 December 2018
    Business & Finance

    Shareholders of Hafnia Tankers to decide on the proposed merger with BW Tankers in January.

  • 22 August 2018
    Business & Finance

    Hafnia Tankers is exploring the possibility of consolidation with BW Tankers, part of BW Group.

  • 31 July 2018
    Business & Finance

    Hafnia Tankers has completed two sale and leaseback transactions with a Sole Shipping fund.

  • 7 July 2020
    Business & Finance

    Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 deadweight tonnes. The tanker owner said it had received an unsolicited acquisition […]

  • 19 June 2020
    Business & Finance, Market outlooks

    Product tanker owner and operator Hafnia, a member of the BW Group, will soon enter a new product tanker segment with industry peers, established under the name of Hafnia Specialized, the company revealed. This business will handle tonnage below 25,000-dwt, Hafnia said, adding that more precise information will follow in the weeks to come. The consolidation move […]

  • 16 February 2018
    Business & Finance

    Hafnia Tankers completes sale and leaseback deal for one of its LR1 tankers in the Japanese market.

  • 29 February 2016
    Business & Finance

    Danish shipping company Hafnia Tankers signed a USD 360 million loan on February 23 to refinance twelve medium range (MR) product tankers and provide post-delivery financing for the company’s six MR newbuilds. The credit, set to mature in March 2023, is comprised of a USD 124 million term loan, a USD 100 million revolving credit facility and a USD 136 million delayed draw term loan facility. […]

  • 18 January 2019
    Business & Finance

    BW Tankers Limited and Hafnia Tankers have completed their merger.

  • 9 July 2018
    Business & Finance

    BW Group has signed an agreement to buy a 36.3% stake in Hafnia Tankers.

  • 22 October 2013
    Business & Finance

    J. Lauritzen has concluded an agreement to sell its fleet of ten wholly-owned product tankers to Hafnia Tankers. It is the intention that all vessels will be delivered to the new owner before the end of February 2014. Hafnia Tankers is the company specialized in the segments ranging from 35,000 to 110,000 dwt, by pooling […]

  • 23 August 2019
    Business & Finance

    The loan would be used to finance four new LR1 product tankers being built at Guangzhou Shipyard.

  • 19 August 2015
    Business & Finance

    Danish tanker owner and operator Hafnia Tankers Ltd. (Hafnia) posted an operating profit of USD 34.7 million and profit of USD 26.7 million for the six months ended June 30, 2015 amid the best spot earnings in the product tanker market since 2009. Operating profit for the three months ended June 30, 2015 was USD 18.2 million and […]

  • 21 November 2019

    South African LNG infrastructure provider DNG Energy is ready to start LNG bunkering in South Africa’s largest bunkering port Algoa Bay next year.

  • 12 June 2013
    Business & Finance

    Senior APM Terminals leaders met with the Nigerian Federal Minister of Industry, Trade & Investment, Mr. Olusegun Aganga and a delegation of government officials and advisors in The Hague as part of ongoing discussions on port infrastructure investment to promote Nigerian economic development through access to world-class logistics capabilities. Overall African port utilization currently exceeds […]