Hafnia (NYSE: HAFN) signs USD 405m deal for eight new MR tankers
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Hafnia Limited has entered into a newbuild agreement for eight Medium-Range (MR) product tankers at Hyundai Heavy Industries, with a total purchase price of approximately USD 405 million. Deliveries are scheduled between the third quarter of 2028 and the second quarter of 2029.
The company states that these modern, fuel-efficient vessels are intended to strengthen earnings quality, support disciplined renewal of its MR segment, and contribute to its decarbonization pathway. The ships are expected to enhance Hafnia’s customer offering and long-term competitiveness within its tanker fleet of around 200 vessels.
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Insights
Hafnia commits USD 405m to eight MR tankers for long-term fleet renewal.
Hafnia Limited is investing approximately USD 405 million in eight new Medium-Range product tankers from Hyundai Heavy Industries, with deliveries from Q3 2028 to Q2 2029. This is a sizeable multi-year capital commitment aimed at modernizing its MR segment.
The company highlights scale benefits, predictable performance and fuel-efficient designs, positioning the vessels to support earnings quality and contribute to decarbonization efforts. As part of a fleet of around 200 ships, this order represents a focused renewal rather than a complete strategic shift.
Key factors include execution at the shipyard, future charter demand for MR product tankers, and how the new vessels integrate with Hafnia’s commercial and technical platform once delivered. Future disclosures around financing structure and employment of these ships will further clarify the economic impact.
Key Figures
Newbuild contract value: USD 405 million
Number of new MR tankers: 8 vessels
Delivery window start: Q3 2028
+3 more
6 metrics
Newbuild contract value
USD 405 million
Total purchase price for eight MR product tankers
Number of new MR tankers
8 vessels
Medium-Range product tankers under newbuild agreement
Delivery window start
Q3 2028
Earliest expected delivery for newbuild tankers
Delivery window end
Q2 2029
Latest expected delivery for newbuild tankers
Existing fleet size
around 200 vessels
Owned and operated tanker fleet as described by Hafnia
Employees
over 4000 employees
Combined onshore and at-sea workforce
Key Terms
Medium-Range (MR) product tankers, newbuild, fuel-efficient designs, decarbonization, +1 more
5 terms
Medium-Range (MR) product tankers financial
"Hafnia Enters into Newbuild Agreement for Eight Medium-Range (MR) Product Tankers"
Medium-range (MR) product tankers are oceangoing ships sized to carry refined petroleum products—like gasoline, diesel and jet fuel—over regional and short intercontinental routes. Think of them as the midsize delivery trucks of the maritime fuel industry: large enough to move substantial volumes between ports but small enough to serve many different routes and terminals. Investors watch MR tanker demand and freight rates because they directly affect charter income, vessel values and shipping companies’ profitability.
newbuild financial
"announces that it has signed a contract for the construction of eight Medium-Range (MR) newbuild product tankers"
A newbuild is an asset—commonly a ship, factory, pipeline or other large piece of infrastructure—that has been newly constructed and is entering service for the first time. For investors it signals recent capital spending and future capacity: a newbuild can boost revenue potential but also carries costs, delivery schedules and construction risks, much like buying a custom-made car that may take time and extra expense before it can be driven profitably.
fuel-efficient designs technical
"builds on proven, fuel-efficient designs"
decarbonization technical
"these vessels support our pathway towards improved decarbonization"
Decarbonization is the process of cutting a company’s greenhouse gas emissions across its operations, supply chain and products by switching to cleaner energy, improving efficiency and changing materials or processes. For investors it matters because lower emissions can reduce regulatory and energy costs, limit legal and reputational risks, and signal long-term competitiveness—like a business replacing a gas-guzzling fleet with fuel-efficient or electric vehicles to save money and stay compliant.
Norwegian Securities Trading Act regulatory
"subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act"
The Norwegian Securities Trading Act is the national law that sets the rules for buying, selling and offering financial instruments in Norway, including requirements for fair disclosure, market conduct and investor protection. For investors it matters because it helps ensure companies and intermediaries provide accurate information and prevents abusive trading, much like traffic laws make driving safer and predictable so people can trust the market and make informed decisions.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2026.
Commission File Number: 001-41996
HAFNIA LIMITED
c/o Hafnia SG Pte Ltd
10 Pasir Panjang Road,
#18-01 Mapletree Business City,
Singapore 117438
+65 6434 3770
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☑ Form 40-F ☐
DOCUMENTS TO BE FURNISHED AS PART OF THIS FORM 6-K
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Exhibit Number
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Exhibit Description
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99.1
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Press release of Hafnia Limited dated April 3, 2026 – Hafnia Enters into Newbuild Agreement for Eight Medium-Range (MR) Product Tankers
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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HAFNIA LIMITED
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By:
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/s/ Petrus Wouter Van Echtelt
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Name:
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Petrus Wouter Van Echtelt,
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Title:
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Chief Financial Officer
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| Date: April 3, 2026 | ||
Exhibit 99.1
HAFNIA LIMITED: Hafnia Enters into Newbuild Agreement for Eight Medium-Range (MR) Product
Tankers
Singapore, 3 April 2026
Hafnia Limited ("Hafnia” or the "Company", OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) announces that it has signed a contract for the construction of eight
Medium-Range (MR) newbuild product tankers at Hyundai Heavy Industries.
The total purchase price is approximately USD 405 million, with deliveries expected between the third quarter of 2028 and the second quarter of 2029.
“We are pleased to return to Hyundai Heavy Industries with an order of eight modern MR vessels. This program secures early-delivery positions at a leading yard and
builds on proven, fuel-efficient designs. The series delivers scale benefits and predictable performance across the fleet whilst strengthening earnings quality and supporting disciplined renewal of our MR segment. With a continued focus on fuel
efficiency, these vessels support our pathway towards improved decarbonization while enhancing both our customer offering and long-term competitiveness. Overall, this agreement marks a strong commercial step in strengthening Hafnia’s long-term
earnings base,” says Hafnia’s CEO Mikael Skov.
For further information, please contact:
Mikael Skov
CEO Hafnia Limited
+65 8533 8900
* * *
About Hafnia Limited:
Hafnia is one of the world's leading tanker owners, transporting oil, oil products and chemicals for major national and international oil companies, chemical
companies, as well as trading and utility companies.
As owners and operators of around 200 vessels, we offer a fully integrated shipping platform, including technical management, commercial and chartering services, pool
management, and a large-scale bunker procurement desk. Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.
Hafnia is part of the BW Group, an international shipping group involved in oil and gas transportation, floating gas infrastructure, environmental technologies, and
deep-water production for over 80 years.
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
FAQ
What did Hafnia Limited (HAFN) announce in its April 2026 Form 6-K?
Hafnia Limited announced it signed a contract to build eight Medium-Range product tankers at Hyundai Heavy Industries for about USD 405 million, with deliveries from the third quarter of 2028 to the second quarter of 2029 as part of its fleet renewal strategy.
How much is Hafnia Limited investing in the new MR product tankers?
Hafnia is investing approximately USD 405 million in eight new Medium-Range product tankers. The company states these modern, fuel-efficient vessels are intended to strengthen earnings quality, provide scale benefits, and support disciplined renewal of its MR segment over the coming years.
When will Hafnia’s eight new MR tankers be delivered?
The eight new Medium-Range product tankers are scheduled for delivery between the third quarter of 2028 and the second quarter of 2029. This phased delivery window allows Hafnia to integrate the vessels gradually into its existing fleet and operations over several reporting periods.
Who is building Hafnia Limited’s new Medium-Range product tankers?
Hyundai Heavy Industries will construct Hafnia Limited’s eight Medium-Range product tankers under the newly signed contract. Hafnia notes it is returning to this leading yard, emphasizing proven, fuel-efficient designs intended to provide predictable performance and support its decarbonization and competitiveness goals.
How does the newbuild agreement fit into Hafnia’s fleet strategy?
Hafnia describes the newbuild agreement as supporting disciplined renewal of its MR segment and strengthening its long-term earnings base. The company highlights scale benefits, predictable performance, and improved fuel efficiency that align with its decarbonization pathway and broader customer-focused tanker platform.
How large is Hafnia Limited’s existing tanker fleet and workforce?
Hafnia reports operating around 200 vessels that transport oil, oil products and chemicals globally. It employs over 4,000 people onshore and at sea, supported by offices in Singapore, Copenhagen, Houston and Dubai as part of its fully integrated shipping and services platform.