1.2 Hafnia: A Year in Review

Hafnia Acquires 12 LR1 Product
Tankers and 32 Chemical Tankers

January – Hafnia expanded its operations with two major strategic acquisitions. The company welcomed 44 vessels to its fleet: 32 chemical and product tankers from Chemical Tankers Inc (CTI) and 12 longrange (LR1) tankers from Scorpio Tankers.

Dubai Office Opening

February – Hafnia established a new office to service the chemical arm of the expanded fleet.

The global trading of Hafnia´s Chemical Fleet is overseen from its Dubai office, encompassing a full Chemical Operations, Chartering and Technical team. Team objectives lie in engaging with leading producers, traders, and pool partners to establish further long-term partnerships.

Successful Private Placement of
Common Shares

May – Hafnia successfully completed a Private Placement of new common shares in the Company for gross proceeds of USD 100 million.

“The Private Placement attracted significant and tangible interest across leading institutional investors demonstrating its firm foothold in the market”, stated Mikael Skov, CEO.

Hafnia Bunkers Alliance on the Rise

May – Amongst other new customers, Hafnia welcomed renowned members – Swire Bulk and Swire Shipping to its Bunker Alliance.

The Hafnia Bunkers Alliance now procures and supplies bunkers to over 1,250 vessels worldwide. The team includes 18 members across Singapore, Copenhagen and Houston.

The Hafnia Bunkers Alliance offering continues to reap the benefits of a best-in-class bunker management service via its large buying power, economies of scale and full transparency on procurement processes.

Hafnia Launches Chemical
and LR2 Pool

June: In collaboration with Reederei Nord and Chartworld, Hafnia launched an LR2 pool (with seven vessels initially delivered into the pool on 1 July) – called ”The Hafnia LR2 Pool by Reederei Nord, Chartworld & Hafnia”.

July: Hafnia launches Chemical Pool and welcomes its first member TRF who entered seven vessels into the pool.

With these launches, Hafnia now runs pools across all product tanker segments, complementing its current offering of operating pools from smaller tankers to LR1s.

CHW Collaboration

November – Hafnia announced its collaboration with Clean Hydrogen Works (CHW) to explore the development of a new, global-scale, clean ammonia production and export project, Ascension Clean Energy (ACE), located on the West Bank of the Mississippi River in Ascension Parish, Louisiana.

This notable project aims to capture up to 98 percent of carbon dioxide (CO2) emissions from its processes, and will provide a cost-effective, scalable pathway to supply carbon-free energy. Within the scope of the project, additional technologies are being explored which could result in zero-carbon or even carbonnegative hydrogen-ammonia production at the facility.

The Product Tanker Market

Read more

Login to: