BW Group Increases Stake in Hafnia Limited

Hafnia ( (HAFN) ) has provided an announcement.

BW Group Limited, the largest shareholder of Hafnia Limited, has significantly increased its stake in the company by purchasing a substantial number of shares on both the Oslo Børs and the New York Stock Exchange. This move underscores BW Group’s confidence in Hafnia’s market position and future prospects, potentially strengthening Hafnia’s operational capabilities and market influence.

More about Hafnia

Hafnia Limited is a leading global tanker owner, specializing in the transportation of oil, oil products, and chemicals for major national and international oil, chemical, trading, and utility companies. The company operates around 200 vessels and offers a fully integrated shipping platform with services including technical management, commercial and chartering services, pool management, and large-scale bunker procurement. Hafnia is part of the BW Group, an international shipping group with a long history in oil and gas transportation and related industries.

YTD Price Performance: -23.87%

Average Trading Volume: 3,225,486

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.1B

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