Browsing Tag
Hafnia Limited
3 posts
Why is Hafnia paying 46% more per share to increase its stake in TORM?
Hafnia is spending another $145.1 million to increase its ownership of TORM from 13.97% to approximately 18.22%. The investment gives Hafnia greater exposure to record tanker earnings and considerable strategic influence, while still leaving it well below Denmark’s mandatory takeover threshold.
Why Søren Steenberg Jensen takes over Hafnia after profit surges to $277.8m
Søren Steenberg Jensen has taken over as Hafnia CEO from company-building chief Mikael Skov, inheriting one of the world’s largest product-tanker platforms after quarterly profit surged from $75.3 million to $277.8 million and the board approved a 90% dividend payout.
Hafnia secures $715m revolving credit facility to refinance debt and boost fleet liquidity
Hafnia secures $715M revolving credit facility to refinance debt, lower breakeven, and fund fleet expansion; institutional investors back its long-term strategy.