HAFNNYSETransportation ServicesUS GAAP · USD

Hafnia Ltd

Hafnia Ltd is a U.S.-listed shipping company that owns and operates a large fleet of product and chemical tankers. Through its integrated platform, it combines vessel operations with technical management, commercial and chartering services, pool management, and bunker procurement.

Liikevaihto2 282milj. USD
−20,5 %v/v
Liikevoitto (EBIT)392milj. USD
−52,8 %v/v
EBIT-marginaali17,2%
−11,8 %-yks.v/v
Nettotulos340milj. USD
−56,1 %v/v
Vapaa kassavirta457milj. USD
−53,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

01 0002 0003 000milj. USD2022: 1 927 milj. USD2022: EBIT 849 milj. USD20222023: 2 672 milj. USD2023: EBIT 877 milj. USD20232024: 2 869 milj. USD2024: EBIT 831 milj. USD20242025: 2 282 milj. USD2025: EBIT 392 milj. USD20252 282392
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Tanker transportation70 %

Voyage and time-charter transport of oil products and chemicals on owned or operated vessels.

Chartering and commercial services15 %

Commercial vessel deployment, chartering, and voyage optimization services for the fleet.

Pool management8 %

Pooling and revenue-sharing services across multiple tanker segments and vessels.

Technical management4 %

Ship management services covering maintenance, compliance, and vessel operations.

Bunker procurement and supply3 %

Fuel sourcing and bunker-related services through its procurement desk and joint venture.

Asiakkaat

Hafnia serves large industrial and trading counterparties that need maritime transport for refined products and chemicals. Its customer base includes oil majors, chemical companies, commodity trading firms, and utility or trading counterparties that contract for vessel capacity and shipping services.

Oil majors

Buy tanker capacity to move refined products and fuels across global trade routes.

Chemical companies

Charter chemical tankers and related services for specialized liquid cargo transport.

Commodity trading firms

Use Hafnia's vessels and chartering services to secure flexible shipping capacity.

Utility and trading counterparties

Contract for transport and shipping support where reliable global logistics are needed.

Third-party shipowners

Use pool management and bunker services to improve vessel utilization and procurement.

Strategia

Hafnia's strategy centers on operating a modern tanker fleet through an integrated shipping platform that links vessel ownership, management, chartering, and pooling. The company also emphasizes emissions reduction and expansion into transport services for new fuels and cargo types, while using partnerships such as its bunker joint venture to extend service scope.

Fleet utilization and commercial optimizationLyhyt aikaväli

A tanker owner depends on high vessel utilization and disciplined chartering to capture demand across shipping cycles.

Fleet modernization and vessel qualityKeskipitkä aikaväli

Modern vessels improve cargo flexibility, compliance, and competitiveness with major industrial customers.

Energy-transition readinessKeskipitkä aikaväli

Transport capability for biofuels, ammonia, and CO2 positions the fleet for evolving cargo demand.

Integrated fuel procurementLyhyt aikaväli

Bunker sourcing capability can lower operating friction and strengthen customer service across the fleet.

Maantiede

Hafnia operates globally, with shipping activity following major crude, refined-product, and chemical trade routes rather than a single domestic market. The company has offices in Singapore, Copenhagen, Houston, and Dubai, and its fleet serves customers across international maritime corridors.

Riskit

Hafnia is exposed to tanker freight-rate volatility, vessel oversupply, and shifts in global oil-product and chemical trade flows because its revenues depend on maritime demand and charter economics. It also faces operational, regulatory, and environmental risks tied to vessel safety, emissions compliance, port access, and route disruptions, all of which can directly affect fleet utilization and customer service.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Freight-rate and tanker-cycle volatility1Trade route disruption and geopolitical choke points2Emissions and environmental compliance3Vessel safety and marine incidents4Bunker and operating cost swings5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Freight-rate and tanker-cycle volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Revenue depends on charter rates and vessel deployment in a cyclical shipping market.

    Kohdistuu: Fleet earnings and utilization

  2. Trade route disruption and geopolitical choke pointsVaikutus: KorkeaTodennäköisyys: Korkea

    Tankers rely on major maritime passages that can be blocked by conflict, weather, or security events.

    Kohdistuu: Global voyage patterns

  3. Emissions and environmental complianceVaikutus: KorkeaTodennäköisyys: Korkea

    Shipping is subject to tightening rules on fuel use, emissions, and pollution controls.

    Kohdistuu: Fleet operations and capital spending

  4. Vessel safety and marine incidentsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Accidents, spills, or mechanical failures can create downtime, repairs, and liabilities.

    Kohdistuu: Owned and operated fleet

  5. Bunker and operating cost swingsVaikutus: KeskitasoTodennäköisyys: Korkea

    Fuel procurement and voyage costs can move sharply with energy markets.

    Kohdistuu: Voyage economics

Kirjanpito

Harkinnanvaraiset erät
Voyage charter revenue recognition

Shipping contracts may recognize revenue over voyage periods, affecting timing and comparability across quarters.

Vaikutus: Revenue and gross profit timing

Vessel depreciation and useful lives

A large share of assets sits in vessels, so life estimates and residual values materially affect earnings.

Vaikutus: Depreciation expense and carrying value

Dry-docking accounting

Periodic dry-dock expenditures require capitalization and amortization judgments.

Vaikutus: Operating expense versus asset treatment

Impairment of vessels

Market downturns or lower charter expectations can trigger non-cash vessel write-downs.

Vaikutus: Asset values and reported earnings

IFRS 16 lease accounting

Chartered vessel arrangements can create right-of-use assets and lease liabilities.

Vaikutus: Balance sheet and leverage metrics

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Hafnia Ltd (HAFN) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo