The tanker owner Hafnia sold in the third quarter its 50% stake in two MR vessels within the H&A Shipping joint venture, resulting in a $13.3m profit for Hafnia.
Hafnia’s former chief executive Mikael Skov, who is stepping down on September 1 after sixteen years in the role, confirmed the news, without disclosing the buyer or the transaction value.
The company continued to execute its fleet renewal strategy during the quarter. In the second quarter of 2026, Hafnia completed the sale of one LR1 vessel, two MR vessels, and three handy vessels.
Hafnia recorded $39.3m in gains on vessel sales during the second quarter of 2026 as it continued reshaping a fleet of more than 100 owned ships.
Specifically, Hafnia’s fleet at the end of the quarter consisted of 103 owned vessels and 9 time chartered-in vessels.
The group’s total fleet includes 10 LR2s, 28 LR1s (including two bareboat-chartered in and two time-chartered in), 54 MRs of which 13 are IMO II (including seven time-chartered in), and 20 handy vessels of which 18 are IMO II (including one bareboat-chartered in).
Skov said the market has not yet normalized since the Persian Gulf conflict began.
“The partial reopening of the Strait of Hormuz after the ceasefire memorandum was signed in June proved short-lived, as the passageway was effectively closed again in early July,” said Skov, adding that Gulf exports, including routes bypassing the Strait, fell sharply by 2.1 million barrels per day (mb/d) to 15 mb/d in July.
Against this backdrop, Hafnia recorded in the second quarter a net profit of $277.8m.
Hafnia’s former chief executive said the company’s average fleet TCE for Q2 was $44,093 per day.
As announced on June 30, Skov will step down on September 1 and will join Hafnia’s board of directors subject to approval at an extraordinary general meeting. Søren Steenberg Jensen, EVP and head of asset management, will succeed Mikael Skov as CEO.
