September 24, 2017 8:54 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Hafnia Tankers Ltd.

Company Overview

Hafnia Tankers Ltd. provides seaborne transportation for petroleum products worldwide. It engages in the ownership and chartering of tonnage in the product tanker segment. The company also primarily focuses on time charters, new builds, and second-hand tonnage operations, as well as evaluates opportunities for buying existing companies and fleets. Hafnia Tankers Ltd. was founded in 2010 and is based in Hellerup, Denmark.

Tuborg Boulevard 5

Hellerup,  2900

Denmark

Founded in 2010

Phone:

45 33 69 90 00

Key Executives for Hafnia Tankers Ltd.

Hafnia Tankers Ltd. does not have any Key Executives recorded.

Hafnia Tankers Ltd. Key Developments

Hafnia Tankers Ltd. Presents at 16th Annual Marine Money Asia Week Shipping At The Crossroads, Sep-20-2017 02:45 PM

Hafnia Tankers Ltd. Presents at 16th Annual Marine Money Asia Week Shipping At The Crossroads, Sep-20-2017 02:45 PM. Venue: The St. Regis Singapore, 29 Tanglin Road, Singapore. Speakers: Georg A. Whist, Chief Financial Officer.

Hafnia Tankers Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Hafnia Tankers Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company announced revenue was USD 44,759,000 compared to USD 50,328,000 for the same period a year ago. Operating profit was USD 2,650,000 compared to USD 11,365,000 for the same period a year ago. Loss before tax was USD 3,729,000 compared to profit of USD 6,597,000 for the same period a year ago. Loss for the period was USD 3,752,000 compared to profit of USD 5,502,000 for the same period a year ago. Loss attributable to equity holders of the parent company was USD 2,435,000 compared to profit of USD 3,571,000 for the same period a year ago. Loss per share attributable to equity holders of the parent, basic and diluted was USD 0.07 compared to earnings per share were USD 0.11 for the same period a year ago. For the six months, the company announced revenue was USD 98,220,000 compared to USD 104,951,000 for the same period a year ago. Operating profit was USD 14,766,000 compared to USD 28,448,000 for the same period a year ago. Profit before tax was USD 2,415,000 compared to USD 18,349,000 for the same period a year ago. Profit for the period was USD 2,261,000 compared to USD 17,216,000 for the same period a year ago. Profit attributable to equity holders of the parent company was USD 1,468,000 compared to USD 11,175,000 for the same period a year ago. Earnings per share attributable to equity holders of the parent, basic and diluted was USD 0.04 compared to USD 0.33 for the same period a year ago. Net cash inflow from operating activities was USD 24,531,000 compared to USD 47,519,000 for the same period a year ago. Payments for vessels under construction were USD 71,140,000 compared to USD 49,783,000 for the same period a year ago. Payments for vessels including drydock was USD 4,549,000 compared to USD 2,035,000 for the same period a year ago.

Hafnia Tankers Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2017

Hafnia Tankers Ltd. reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported operating profit of $12.1 million and net profit of $6.0 million.

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