Hafnia

Hafnia this morning released its financial results for the third quarter of 2025, which came in slightly above Q2 2025 and broadly in line with market expectations. The product tanker market benefited in Q3 from larger LR2 vessels switching to the crude market, reducing supply, while attacks on Russian oil refineries reduced availability of Russian oil products, increasing output from the Middle East and Asia, with a positive ton mile effect.

Read the latest Hafnia One-pager update following the Q2 2025 results. The One-pager includes a brief company profile, a market update on product tankers, the latest financial performance, and valuation perspectives relative to peers. It also outlines several key investment risks and reasons to consider Hafnia as an investment case.

Following the Q2 2025 report from Hafnia we had the pleasure of hosting an event with CEO Mikael Skov, who took us through the numbers and recent highlights. See it here in case you missed it last week.

You can now sign up and submit questions to the Q2 2025 results presentation with Hafnia, one of the world’s largest product tanker owners. The report will be published on 27 August 2025, and on the same day at 09:30 a.m., CEO Mikael Skov will present the Q2 results, key highlights, and developments so far in 2025. Questions can be submitted in advance, and you don’t need to attend live to participate.

Shipping has been in focus this week, driven by tariffs, geopolitics, and OPEC+. On Saturday, OPEC+ raised the cartel’s production caps by a further 548,000 barrels per day (b/d), restoring around 1.9 million b/d of the 2.2 million b/d cuts made in 2023, and giving a lift to tanker and product tanker companies. 

Following the Q1 2025 report from Hafnia we had the pleasure of hosting an event with CEO Mikael Skov, who took us through the numbers and recent highlights. See it here in case you missed it some weeks ago.