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.
On July 11, 2024, Hafnia (OSE ticker: "HAFNI", NYSE ticker: "HAFN") entered into a shareholder rights agreement with BW Group , its major shareholder holding approximately 42.94% of Hafnia's common shares.
This agreement grants BW Group specific corporate governance rights, allowing them to nominate a number of directors based on their ownership percentage. It also provides BW Group with registration rights, enabling them to demand the filing of a registration statement for the resale of their shares, including shelf registration statements and piggy-back registration rights for U.S. public offerings.
These rights are subject to minimum offering requirements and customary terms. Hafnia is a leading tanker owner, managing over 200 vessels and serving major oil and chemical companies worldwide.
Hafnia , a leading tanker owner, conducted its 2024 Annual General Meeting on July 10, 2024. Key resolutions include maintaining up to eight directors, re-electing directors Mr. Andreas Sohmen-Pao, Mr. Erik Bartnes, Mr. Peter Read, Mr. John Ridgway, and Ms. Su Yin Anand, and re-appointing Mr. Andreas Sohmen-Pao as Chairman. The AGM approved directors' and committee members' fees, re-appointed KPMG LLP as auditors, and authorized the board to determine auditor remuneration. Additionally, the AGM authorized the directors to purchase and issue shares, conditional on redomiciliation completion. Hafnia operates over 200 vessels and employs 4000 staff globally, offering comprehensive shipping services.
On July 8, 2024, Hafnia 's CFO Perry Van Echtelt exercised vested options under the 2022 LTIP program. The options will be settled by transferring treasury shares to him, leaving Hafnia with 502,358 treasury shares. This notification complies with EU Market Abuse Regulation and Norwegian Securities Trading Act requirements. Hafnia, a leading tanker owner, operates over 200 vessels, transporting oil and chemicals globally. The company is part of the BW Group and employs over 4000 staff.
Mikael Skov, CEO of Hafnia, sold 1,000,000 shares of the company at NOK 87.7775 per share on July 3, 2024, at Oslo Børs. The total transaction value is NOK 87,777,500. This sale is disclosed under the EU Market Abuse Regulation and the Norwegian Securities Trading Act. Hafnia, a leading tanker owner with over 200 vessels, provides integrated shipping services, including technical management, commercial and chartering services, and pool management. The company operates globally with offices in Singapore, Copenhagen, Houston, and Dubai, and employs over 4,000 people. Hafnia is part of the BW Group, a major player in oil and gas transportation and related industries for over 80 years.
On June 27, 2024, Hafnia issued 2,311,785 new shares to BW Group to settle shares borrowed under a previous share lending agreement. This issuance brings the total outstanding shares to 512,563,532, each with a nominal value of USD 0.01. The transaction was conducted outside a trading venue. Hafnia, a major player in oil, oil product, and chemical transportation, operates over 200 vessels and employs more than 4000 employees globally. Hafnia is part of BW Group, a longstanding international shipping organization.
On June 3, 2024, Mikael Skov, CEO of Hafnia , exercised options under the Company's LTIP 2022 program.
The exercised options, totaling 731,687, will be settled with the transfer of treasury shares. Post-transfer, Hafnia will hold 661,946 treasury shares.
This transaction is regulated by the EU Market Abuse Regulation and the Norwegian Securities Trading Act.
Hafnia is a leading global tanker owner, operating over 200 vessels and employing over 4000 personnel.
Hafnia announced the accelerated vesting of options under its 2022 Long-Term Incentive Plan (LTIP 2022) for senior management and key employees. Originally set to vest in March 2025, the options will now vest on 30 May 2024. As of 1 May 2024, there are 1,849,428 outstanding options under this plan. Additionally, Hafnia has a restricted share unit (RSU) program with 462,357 RSUs that are set to vest on 15 March 2025. To facilitate the delivery of shares to employees, Hafnia has entered into a share lending agreement with BW Group , its largest shareholder, for 2,311,785 shares, which will be re-delivered by issuing new shares at USD 0.01 per share. Hafnia will hold 2,351,785 treasury shares following this transaction.
Hafnia (HAFN) announced on 28 May 2024, a share lending agreement with BW Group BW Group, the largest shareholder and closely associated with Hafnia's Chairman Andreas Sohmen-Pao, lent 2,311,785 shares to Hafnia on 27 May 2024. These shares will be redelivered by Hafnia issuing new shares at USD 0.01 per share. Hafnia, a leading tanker owner, operates over 200 vessels and employs over 4000 people globally. This disclosure follows EU Market Abuse Regulation requirements. The attached notification provides further transaction details.
The shares of Hafnia are being traded ex-dividend as of today, May 22, 2024, with a dividend amount of USD 0.3443 per share.
This update follows the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.
Hafnia announced its financial results for Q1 2024, reporting a net profit of USD 219.6 million, down from USD 256.6 million in Q1 2023. Earnings per share (EPS) decreased to USD 0.43 from USD 0.51. Time Charter Equivalent (TCE) earnings were USD 378.8 million, slightly up from USD 377.2 million, with an average TCE of USD 36,230 per day.
Hafnia achieved a significant milestone by listing its shares on the NYSE under the ticker 'HAFN' on April 9, 2024. The company declared a quarterly dividend of USD 0.3443 per share, marking its highest ever. The dividend payout ratio was raised to 80% and could increase to 90% if net loan-to-value falls below 20%.
Total fleet value stood at USD 4.3 billion, with a net asset value (NAV) of USD 8.37 per share. The fleet consisted of 117 owned and 14 chartered-in vessels. Hafnia's CEO cited a positive outlook for the rest of 2024, due to strong demand from China and India, and refinery dislocations.
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