Welcome to our dedicated page for Hafnia news (Ticker: HAFN), a resource for investors and traders seeking the latest updates and insights on Hafnia stock.
Hafnia Ltd (HAFN) delivers critical oil, chemical, and product tanker solutions through its integrated shipping platform. This news hub provides investors and industry stakeholders with essential updates on Hafnia's operational developments, strategic partnerships, and market positioning.
Access timely press releases covering earnings announcements, fleet expansions, regulatory compliance milestones, and commercial agreements. Our curated collection enables efficient tracking of Hafnia's technical management innovations, chartering activities, and bunker procurement strategies that shape maritime logistics.
Key updates include corporate governance changes, sustainability initiatives, and pool management optimizations affecting global energy transportation networks. Bookmark this page for structured access to Hafnia's financial disclosures and operational insights that influence tanker shipping markets.
Hafnia announces a share buyback program of up to USD 100 million from December 2, 2024, to January 27, 2025. The company plans to repurchase up to 18 million shares through Pareto Securities AS on both OSE and NYSE markets. The program aims to reduce outstanding shares and provide returns to shareholders. The buyback amount will be deducted before declaring future dividends to align with the company's payout ratio policy. Purchases will comply with U.S. securities laws and Rule 10b-18 safe harbor provisions.
Hafnia (OSE: HAFNI, NYSE: HAFN) has announced a cash dividend of $0.3790 per share for Q3 2024. For shares registered in Euronext VPS, the last trading day including dividends is December 4, 2024, with payment around December 17, 2024. For shares in the Depository Trust Company, the last trading day including dividends is December 5, 2024, with payment around December 12, 2024. Hafnia operates approximately 200 vessels, providing integrated shipping services including technical management, commercial services, and bunker procurement. The company employs over 4,000 people across offices in Singapore, Copenhagen, Houston, and Dubai.
Hafnia reported strong Q3 2024 financial results with a net profit of USD 215.6 million (USD 0.42 per share), up from USD 146.9 million in Q3 2023. The company achieved record year-to-date net profit of USD 694.4 million. Q3 Time Charter Equivalent earnings were USD 361.6 million with average TCE of USD 33,549 per day. The company's net asset value reached USD 4.6 billion, announcing a 90% dividend payout ratio of USD 0.3790 per share. Hafnia's fleet consists of 115 owned vessels and 15 chartered-in vessels. The company announced a share buyback program of up to USD 100 million from December 2024 to January 2025.
Hafnia (NYSE: HAFN, OSE: HAFNI) has scheduled its Q3 2024 financial results presentation for November 27, 2024, at 08:30 CET. The presentation will feature CEO Mikael Skov, CFO Perry van Echtelt, VP Søren Skibdal Winther, and EVP Thomas Andersen. Hafnia, a leading tanker owner operating approximately 200 vessels, will host the event across multiple time zones including Oslo (14:30 CET), New York (08:30 EST), and Singapore (21:30 SGT). The presentation will be accessible via video webcast, with a recording available afterward on the company's investor relations page.
Hafnia (OSE: HAFNI, NYSE: HAFN) has announced key information regarding changes to its ISIN and CUSIP codes following its redomiciliation from Bermuda to Singapore. Effective October 7, 2024, the company's new ISIN for shares traded on the Oslo Stock Exchange will be SGXZ53070850, replacing the previous BMG4233B1090. For shares traded on the New York Stock Exchange, the new CUSIP will be Y2990R101, replacing G4233B109.
Hafnia is a leading tanker owner and operator, managing approximately 200 vessels and offering integrated shipping services including technical management, commercial and chartering services, pool management, and bunker procurement. The company employs over 4000 staff onshore and at sea, with offices in Singapore, Copenhagen, Houston, and Dubai. Hafnia is part of the BW Group, an international shipping conglomerate with over 80 years of experience in various maritime sectors.
Hafnia (OSE: HAFNI, NYSE: HAFN) has successfully completed its redomiciliation from Bermuda to Singapore. The process involved a court-sanctioned scheme of arrangement, which has been approved by the Supreme Court of Bermuda and the Singapore Accounting and Corporate Regulatory Authority. As of today, Hafnia is officially incorporated in Singapore with the registration number 202440137E.
Hafnia, a leading tanker owner and operator, manages around 200 vessels and offers integrated shipping services including technical management, commercial and chartering services, pool management, and bunker procurement. The company employs over 4000 people onshore and at sea, with offices in Singapore, Copenhagen, Houston, and Dubai. Hafnia is part of the BW Group, an established international shipping conglomerate.
Hafnia (OSE: HAFNI, NYSE: HAFN) announced that on 19 September 2024, the Supreme Court of Bermuda sanctioned the scheme of arrangement for the company's redomiciliation from Bermuda to Singapore. The redomiciliation is expected to take effect around 1 October 2024, subject to conditions. Trading under new ISIN and CUSIP codes is anticipated to start around 7 October 2024. Hafnia will remain listed on the Oslo Stock Exchange and New York Stock Exchange under the same tickers.
The Singapore Securities Industry Council has granted Hafnia a waiver from the Singapore Code on Take-overs and Mergers. Post-redomiciliation, Hafnia will be subject to Norwegian and U.S. securities regulations, as well as the Singapore Companies Act 1967. The Board believes this waiver benefits shareholders by avoiding additional compliance costs.
Hafnia (OSE: HAFNI, NYSE: HAFN) held a Scheme Meeting on 11 September 2024, where shareholders approved a scheme of arrangement for the company's redomiciliation from Bermuda to Singapore. The next step is a Sanction Hearing on 19 September 2024, where the Supreme Court of Bermuda will be petitioned to sanction the Scheme. If approved, the redomiciliation is expected to take effect around 1 October 2024, subject to final approvals and conditions.
Hafnia, part of the BW Group, is a leading tanker owner with a fleet of about 200 vessels. The company transports oil, oil products, and chemicals for major companies globally, offering integrated shipping services including technical management, commercial services, and bunker procurement.
Hafnia (OSE: HAFNI, NYSE: HAFN) announced that its shares will trade ex-dividend on the Oslo Stock Exchange from September 2, 2024, and on the New York Stock Exchange from September 3, 2024. The dividend amount is USD 0.4049 per share for the second quarter of 2024. Hafnia is a leading tanker owner, operating around 200 vessels and offering integrated shipping services including technical management, commercial and chartering services, pool management, and bunker procurement. The company employs over 4000 people onshore and at sea, with offices in Singapore, Copenhagen, Houston, and Dubai. Hafnia is part of the BW Group, an international shipping conglomerate with over 80 years of experience in various maritime sectors.
Hafnia , a leading product tanker company, announced strong financial results for Q2 2024. Key highlights include:
- Net profit of USD 259.2 million (USD 0.51 per share)
- Time Charter Equivalent (TCE) earnings of USD 417.4 million
- Average TCE of USD 39,244 per day
- Adjusted EBITDA of USD 317.1 million
- Net asset value (NAV) of approximately USD 4.5 billion
The company increased its dividend payout ratio to 80% and will distribute USD 207.4 million (USD 0.4049 per share) in dividends. The product tanker market remained strong due to geopolitical tensions, refinery ramp-ups, and increased tonne-mile demand. Hafnia's outlook remains positive, with 72% of Q3 2024 earning days covered at USD 34,934 per day.
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