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HAFN · NYSE · Marine Shipping

Hafnia

Operates product and chemical tankers through integrated shipping and commercial services.

$8.48
After-hours close+0.03 (+0.30%)
At close$8.46(+1.99%)
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Profile

Hafnia LimitedHAFNIndustrials

Product and chemical tanker operations sit alongside commercial pools, technical management, chartering and bunker services. The 2019 BW Tankers–Hafnia Tankers combination created the current platform, later expanded with specialized chemical tankers.

Owns and operates product and chemical tankers through an integrated platform that combines technical management, commercial and chartering services, pool management, and a bunker desk. The 2019 combination brought together BW Tankers and Hafnia Tankers, while the CTI transaction expanded the specialized chemical-tanker fleet.

Operations are international and span more than 200 vessels globally. The business also includes commercial pools and the Seascale Energy marine-fuel-procurement venture with Cargill. BW Group remains a significant shareholder, and the platform’s shape reflects the 2019 merger, later fleet additions, and its dual Oslo–NYSE listing.

Company facts

CEOMikael Skov
ListedApr 9, 2024
ExchangeNYSE
HeadquartersSingapore, Singapore
CountrySingapore
Employees4,876
CIK0001815779
ISINSGXZ53070850

Key statistics

Market cap$4.23B
EPS (ttm)$1.28
P/E (ttm)6.62
ROE26.2%
P/B1.60
P/S1.61
Dividend yield12.04%
Beta0.21vs XLI −0.15

Year to date +62.3% · Average volume (30d) 1.1M

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$0.31
ReportedDue Nov 18, 2026

Revenue

Estimate$282.1M
ReportedDue Nov 18, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 28, 2026Q2 FY26$0.54$0.56+2.9%$394.6M$372.9M−5.5%+2.17%
May 27, 2026Q1 FY26$0.30$0.36+21.6%$298.6M$282.5M−5.4%−3.35%
Feb 26, 2026Q4 FY25$0.21$0.22+3.1%$258.7M$259.0M+0.1%+3.36%
Dec 1, 2025Q3 FY25$0.22$0.18−18.2%$265.5M$586.9M+121.1%+1.21%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$547.9M$554.2M$586.9M$593.2M$671.2M$776.8M
Gross profit$92.4M$103.2M$113.7M$120.5M$159.3M$232.7M
Operating income$75.5M$83.1M$101.2M$93.5M$150.6M$211.3M
Net income$63.2M$75.3M$91.5M$109.7M$179.7M$264.5M
Diluted EPS$0.13$0.15$0.18$0.22$0.36$0.52
Gross margin16.9%18.6%19.4%20.3%23.7%30.0%
Operating margin13.8%15.0%17.2%15.8%22.4%27.2%

Fiscal years (4-quarter sums)FY22 $1.83B · FY23 $3.11B · FY24 $2.87B · FY25 $2.28B

Revenue by product · FY25

Non Lease Component$55.3M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $352.6M · Total debt $883.9M · Total assets $3.96B · Shareholders' equity $2.65B

Dividends

Next ex-date
Sep 4, 2026
estimated · in 6 days
Annual dividend
$1.02
per share
Dividend yield
12.04%
Schedule
Quarterly
4 payments a year

Last raised to $0.2877 from $0.1762 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jun 4, 2026Jun 4Jun 16$0.2877
Jun 3, 2026Jun 4Jun 16$0.2877raised from $0.1762
Mar 6, 2026Mar 6Mar 13$0.1762raised from $0.147
Dec 9, 2025Dec 9Dec 16$0.147raised from $0.121
Sep 4, 2025Sep 4Sep 10$0.121raised from $0.1015
May 23, 2025May 23May 30$0.1015raised from $0.0294
Mar 7, 2025Mar 7Mar 13$0.0294cut from $0.379
Dec 6, 2024Dec 6Dec 17$0.379cut from $0.4049
View details

Ownership

Institutions 18.81%94.01M sharesInsiders 45.62%228.02M sharesOther 35.57%177.75M shares

Shares outstanding 499.78M · Float 241.86M · 48.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BW Group Limited226.44M45.47%13GMay 28, 2025
Andreas Sohmen-Pao · director226.44M45.31%Form 4Mar 18, 2026
Folketrygdfondet30.73M6.00%13GNov 13, 2024
MHR Fund Management LLC20.45M4.09%13FAug 14, 2026
Arrowstreet Capital, Limited Partnership10.48M2.10%13FAug 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 13, 2026Mikael Opstun Skovofficer: Chief Executive Officer−500,000$8.11
Apr 10, 2026Mikael Opstun Skovofficer: Chief Executive Officer−500,000$8.12
Apr 7, 2026Petrus Wouter van Echteltofficer: Chief Financial Officer−90,000$8.22
View details

Peers

  • Scorpio Tankers

    Large listed product-tanker owner across LR2, MR and Handymax

  • TORM

    Listed product-tanker platform spanning LR2, LR1 and MR vessels

  • Ardmore Shipping

    MR-focused owner of product and chemical tankers

  • International Seaways

    Diversified tanker operator with a dedicated product-carrier segment

CompareAfter-hours close

CompanyPriceChange
Hafnia$8.48+0.30%$4.23B6.68.71.6−32.7%
Scorpio Tankers$77.91−0.18%$3.91B4.911.53.2+70.2%
TORM$32.46−0.46%$3.34B5.46.01.9+62.4%
Ardmore Shipping$17.36−0.03%$708.3M6.78.41.9+61.3%
International Seaways$100.00+1.19%$4.89B6.310.83.9+121.9%
Median5.99.62.6+66.3%