The tanker owner Hafnia has splashed out $405m to order eight medium-range (MR) newbuild product tankers at Hyundai Heavy Industries.
The New York-listed shipowner has contracted Hyundai Heavy Industries to build eight MR vessels, with deliveries expected between the third quarter of 2028 and the second quarter of 2029.
Hafnia’s chief executive confirmed the order, mentioning that the company is returning to Hyundai Heavy Industries to build eight modern MR vessels.
Mikael Skov, chief executive officer of Hafnia, said: “This program secures early-delivery positions at a leading yard and builds on proven, fuel-efficient designs. The series delivers scale benefits and predictable performance across the fleet whilst strengthening earnings quality and supporting disciplined renewal of our MR segment.
“With a continued focus on fuel efficiency, these vessels support our pathway towards improved decarbonization while enhancing both our customer offering and long-term competitiveness. Overall, this agreement marks a strong commercial step in strengthening Hafnia’s long-term earnings base.”
Hafnia, an owner and operator of around 200 vessels, offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk.
The company, part of the BW Group – an international shipping group involved in oil and gas transportation, floating gas infrastructure, environmental technologies, and deep-water production, has offices in Singapore, Copenhagen, Houston, and Dubai.
