
Hafnia net income increases to $277.8 million
Hafnia (NYSE:HAFN) reported second-quarter 2026 net profit of $277.8 million, or $0.56 per share, compared with $75.3 million, or $0.15 per share, in the prior-year quarter as tanker earnings increased.
Hafnia (NYSE:HAFN) said Chief Executive Officer Mikael Skov will step down on 1 September 2026, with EVP Søren Steenberg Jensen appointed as his successor.
Hafnia (NYSE:HAFN) has significantly expanded its long-term capacity, announcing a $405 million contract with Hyundai Heavy Industries for the construction of eight new Medium-Range (MR) product tankers.
Hafnia (NYSE:HAFN) reported a near-tripling of its first-quarter net profit for 2026, capitalized on a robust global product tanker market that drove sharp increases in average daily charter rates and expanded operational cash generation.
Hafnia (NYSE:HAFN) reported a significant year-over-year decline in its full-year 2025 net profit, even as a robust fourth-quarter performance allowed the product tanker giant to reward shareholders with a substantial dividend.