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Hafnia ( (HAFN) ) has provided an announcement.
Hafnia Limited has ordered eight Medium-Range product tankers from Hyundai Heavy Industries for approximately USD 405 million, with deliveries scheduled between the third quarter of 2028 and the second quarter of 2029. The newbuilds are based on modern, fuel-efficient designs that are expected to enhance fleet scale, improve earnings quality, and support disciplined renewal of the company’s MR segment.
According to the company, the vessels will bolster Hafnia’s decarbonisation efforts while strengthening its customer offering and long-term competitiveness in the product tanker market. The agreement underscores Hafnia’s strategy of securing early delivery slots at leading yards to underpin a stronger long-term earnings base and reinforce its position among the world’s foremost tanker operators.
The most recent analyst rating on (HAFN) stock is a Buy with a NOK10.00 price target. To see the full list of analyst forecasts on Hafnia stock, see the HAFN Stock Forecast page.
More about Hafnia
Hafnia Limited is a leading global tanker owner that transports oil, oil products, and chemicals for major national and international oil and chemical companies, as well as trading and utility firms. Operating around 200 vessels, the company provides a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker procurement, with offices in Singapore, Copenhagen, Houston, and Dubai.
Average Trading Volume: 895,578
Current Market Cap: NOK37.29B
For an in-depth examination of HAFN stock, go to TipRanks’ Overview page.