Investor Relations
Communication
Hafnia has great focus on building trust and awareness in the investor community by ensuring that Investor Relations is conducted in compliance with relevant rules, regulations and recommended practices. Good relations and an open, active dialogue with shareholders, potential investors, analysts and other participants of the capital markets, shall build trust and contribute to reduced costs of capital for the company.
In order to enhance investors’ understanding of Hafnia’s performance, the company strives to ensure that all existing shareholders, potential investors and other stakeholders shall gain simultaneous access to accurate, clear, relevant, comprehensive and up-to-date information about the company.
Hafnia has an ongoing dialogue with analysts and investors and has participated in a large number of investor conferences and seminars. Since the listing in November 2019, Hafnia has made five announcements to the stock exchange.
Dividends Policy
Hafnia targets a quarterly dividend based on a pay-out ratio of 50% of annual net profit (adjusted for extraordinary items). The final amount of dividend is to be decided by the Board of Directors. Besides net profit, the Board of Directors will take into consideration the capital structure of the company, its liquidity position, capital expenditure plans and market outlook. In addition to cash dividends, the company may buy back shares as part of its total distribution to shareholders.
Composition of Shareholders
As of 31 December 2019, Hafnia had 341 registered shareholders, as per 15 February 2020 Hafnia had 546 shareholders. Below is a list of the 20 largest shareholders:
# | Shareholder Name | No. of Shares | Percentage, % |
1 | BW Group Limited | 231,487,563 | 62.52292 |
2 | PAG Tankers Limited | 20,411,403 | 5.51295 |
3 | Goldman Sachs & Co. LLC | 10,934,359 | 2.95328 |
4 | BW Group Limited | 10,709,724 | 2.89261 |
5 | The Bank of New York Mellon | 7,522,137 | 2.03167 |
6 | Northwharf Nominees Limited | 6,973,800 | 1.88357 |
7 | Nordea Bank Abp | 6,641,162 | 1.79372 |
8 | Morgan Stanley & Co. LLC | 6,417,830 | 1.73340 |
9 | WF Wells Fargo Corp Trust | 4,927,552 | 1.33089 |
10 | J.P. Morgan Securities LLC | 3,981,463 | 1.07536 |
11 | Verdipapirfondet DNB Norge | 3,331,964 | 0.89994 |
12 | Skandinaviska Enskilda Banken AB | 2,520,347 | 0.68073 |
13 | Verdipapirfondet Norge Selektiv | 2,498,296 | 0.67477 |
14 | KLP Alfa Global Energi | 2,162,500 | 0.58407 |
15 | Clearstream Banking SA | 1,963,964 | 0.53045 |
16 | Brown Brothers Harriman & Co. | 1,800,000 | 0.48617 |
17 | Quintet Private Bank (Europe) S.A. | 1,679,689 | 0.45367 |
18 | Castel Invest AS | 1,660,508 | 0.44849 |
19 | Viking Investments (Cayman) Ltd | 1,658,605 | 0.44798 |
20 | The Bank of New York Mellon SA/NV | 1,548,671 | 0.41828 |
Stock Data, Ticker Code
Ticker code: HAFNIA
Financial Calendar
Financial year 2019 | |
25 February 2020 | Annual report 2019 |
25 February 2020 | Quarterly report – Q4 |
22 May 2020 | Annual general meeting |
Financial year 2020 | |
25 May 2020 | Quarterly report – Q1 |
28 August 2020 | Half year report |
20 November 2020 | Quarterly report – Q3 |
24 February 2021 | Quarterly report – Q4 |
28 February 2021 | Annual report 2020 |
Investor Relations Contacts
- Mikael Skov CEO, ms@hafniabw.com
- Perry Van Echtelt, CFO, pve@hafniabw.com
- Thomas Andersen, EVP, IR, Research and Performance Management, tha@hafniabw.com
Fleet List
Handy
Total (13 vessels) | 512,735 | ||||
Name | Mth-Year built | Shipyard | Capacity (dwt) | Flag | Ownership (%) |
Hafnia Adamello | Aug-04 | Saiki | 39,807 | Singapore | 100% |
Hafnia Bering | Apr-15 | Hyundai Mipo | 39,067 | Singapore | 100% |
Hafnia Green | Aug-07 | Saiki | 39,808 | Singapore | 100% |
Hafnia Hope | Jan-07 | Saiki | 39,814 | Singapore | 100% |
Hafnia Karava | Mar-07 | Saiki | 39,814 | Singapore | 100% |
Hafnia Magellan | May-15 | Hyundai Mipo | 39,067 | Singapore | 100% |
Hafnia Malacca | Jul-15 | Hyundai Mipo | 39,067 | Singapore | 100% |
Hafnia Rainier | Mar-04 | Saiki | 39,817 | Singapore | 100% |
Hafnia Robson | May-04 | Saiki | 39,819 | Singapore | 100% |
Hafnia Soya | Nov-15 | Hyundai Mipo | 38,700 | Singapore | 100% |
Hafnia Sunda | Sep-15 | Hyundai Mipo | 39,067 | Singapore | 100% |
Hafnia Torres | May-16 | Hyundai Mipo | 39,067 | Singapore | 100% |
Hafnia Victoria | Jun-07 | Saiki | 39,821 | Singapore | 100% |
MR
Total (47 vessels) | 2,362,780 | ||||
Name | Mth-Year built | Shipyard | Capacity (dwt) | Flag | Ownership (%) |
Beagle | Apr-19 | JMU | 50,000 | Panama | TC-in |
Boxer | May-19 | JMU | 50,000 | Singapore | TC-in |
BW Bobcat | Aug-14 | SPP | 49,999 | Singapore | 100% |
BW Cheetah | Feb-14 | SPP | 49,999 | Singapore | 100% |
BW Cougar | Jan-14 | SPP | 49,999 | Singapore | 100% |
BW Eagle | Jul-15 | SPP | 49,999 | Singapore | 100% |
BW Egret | Nov-14 | SPP | 49,999 | Singapore | 100% |
BW Falcon | Feb-15 | SPP | 49,999 | Singapore | 100% |
BW Hawk | Jun-15 | SPP | 49,999 | Singapore | 100% |
BW Jaguar | Mar-14 | SPP | 49,999 | Singapore | 100% |
BW Kestrel | Aug-15 | SPP | 49,999 | Singapore | 100% |
BW Leopard | Jan-14 | SPP | 49,999 | Singapore | 100% |
BW Lioness | Jan-14 | SPP | 49,999 | Singapore | 100% |
BW Lynx | Nov-13 | SPP | 49,999 | Singapore | 100% |
BW Merlin | Sep-15 | SPP | 49,999 | Singapore | 100% |
BW Myna | Oct-15 | SPP | 49,999 | Singapore | 100% |
BW Osprey | Oct-15 | SPP | 49,999 | Singapore | 100% |
BW Panther | Jun-14 | SPP | 49,999 | Singapore | 100% |
BW Petrel | Jan-16 | SPP | 49,999 | Singapore | 100% |
BW Puma | Nov-13 | SPP | 49,999 | Singapore | 100% |
BW Raven | Nov-15 | SPP | 49,999 | Singapore | 100% |
BW Swift | Jan-16 | SPP | 49,999 | Singapore | 100% |
BW Tiger | Mar-14 | SPP | 49,999 | Singapore | 100% |
BW Wren | Mar-16 | SPP | 49,999 | Singapore | 100% |
Hafnia Ane | Nov-15 | GSI | 49,999 | Malta | 100% |
Hafnia Andromeda | May-11 | GSI | 49,999 | Malta | 100% |
Hafnia Crux | Feb-12 | GSI | 52,550 | Denmark | 100% |
Hafnia Daisy | Aug-16 | GSI | 49,999 | Malta | 100% |
Hafnia Henriette | Jun-16 | GSI | 49,999 | Malta | 100% |
Hafnia Kristen | Jan-17 | GSI | 49,999 | Malta | 100% |
Hafnia Lene | Jul-15 | GSI | 49,999 | Malta | 100% |
Hafnia Leo | Nov-13 | GSI | 52,340 | Malta | 100% |
Hafnia Lise | Sep-16 | GSI | 49,999 | Malta | 100% |
Hafnia Libra | May-13 | GSI | 52,384 | Denmark | 100% |
Hafnia Lotte | Jan-17 | GSI | 49,999 | Malta | 100% |
Hafnia Lupus | Apr-12 | GSI | 52,550 | Denmark | 100% |
Hafnia Mikala | May-17 | GSI | 49,999 | Malta | 100% |
Hafnia Nordica | Mar-10 | Shin Kurushima | 49,994 | Malta | 100% |
Hafnia Pegasus | Oct-10 | GSI | 50,326 | Denmark | 100% |
Hafnia Phoenix | Jul-13 | GSI | 52,340 | Denmark | 100% |
Hafnia Taurus | Jun-11 | GSI | 50,385 | Malta | 100% |
Hafnia Andrea | Jun-15 | Hyundai Mipo | 49,999 | Singapore | 100% |
Hafnia Caterina | Aug-15 | Hyundai Mipo | 49,999 | Singapore | 100% |
Orient Challenge | Jun17 | Hyundai Vinashin | 49,972 | Singapore | TC-in |
Orient Innovation | Jul-17 | Hyundai Vinashin | 49,972 | Singapore | TC-in |
Bulldog | Jan-20 | JMU | 50,000 | N/A | TC-in |
Basset | Dec-19 | JMU | 50,000 | N/A | TC-in |
LR1
Total (36 vessels) | 2,691,850 | ||||
Name | Mth-Year built | Shipyard | Capacity (dwt) | Flag | Ownership (%) |
BW Amazon | Oct-06 | Dalian Shipbuilding | 76,565 | Singapore | 100% |
BW Clyde | Jun-04 | New Century Shipbuilding | 73,495 | Singapore | 100% |
BW Columbia | Jan-07 | Dalian Shipbuilding | 74,999 | Singapore | 100% |
BW Danube | Mar-07 | Dalian Shipbuilding | 74,999 | Singapore | 100% |
BW Hudson | Jun-07 | Dalian Shipbuilding | 76,574 | Singapore | 100% |
BW Kallang | Jan-17 | STX Shipbuilding | 74,000 | Singapore | 100% |
BW Kronborg | Mar-07 | New Century Shipbuilding | 73,708 | Singapore | 100% |
BW Lara | Aug-04 | New Century Shipbuilding | 73,495 | Singapore | 100% |
BW Lena | Aug-07 | STX Shipbuilding | 74,996 | Singapore | 100% |
BW Nile | Aug-17 | Dalian Shipbuilding | 74,000 | Singapore | 100% |
BW Orinoco | Nov-07 | Dalian Shipbuilding | 74,991 | Singapore | 100% |
BW Rhine | Mar-08 | Dalian Shipbuilding | 76,578 | Singapore | 100% |
BW Seine | May-08 | Dalian Shipbuilding | 76,580 | Singapore | 100% |
BW Shinano | Oct-08 | Dalian Shipbuilding | 74,998 | Singapore | 100% |
BW Tagus | Mar-17 | STX Shipbuilding | 74,000 | Singapore | 100% |
BW Thames | Aug-08 | Dalian Shipbuilding | 74,999 | Singapore | 100% |
BW Yangtze | Jan-09 | Dalian Shipbuilding | 74,996 | Singapore | 100% |
BW Yarra | Jul-17 | STX Shipbuilding | 74,000 | Singapore | 100% |
BW Zambesi | Jan-10 | Dalian Shipbuilding | 74,982 | Singapore | 100% |
Compass | Feb-06 | Dalian Shipbuilding | 72,736 | Singapore | BB-in1 |
Compassion | Jun-06 | Dalian Shipbuilding | 72,782 | Singapore | BB-in1 |
Hafnia Africa | May-10 | STX | 74,539 | Singapore | BB-in1 |
Hafnia America | Oct-06 | Onomichi | 74,999 | Singapore | 100% |
Hafnia Arctic | Jan-10 | Brodosplit | 74,910 | Malta | BB-in1 |
Hafnia Asia | Jun-10 | STX | 74,539 | Malta | BB-in1 |
Hafnia Australia | May-10 | STX | 74,539 | Malta | BB-in1 |
Hafnia Guangzhou | Jul-19 | GSI | 74,999 | Malta | 50%3 |
Hafnia Beijing | Nov-19 | GSI | 74,999 | Malta | 50%3 |
Hafnia Europe | Aug-06 | Onomichi | 74,997 | Singapore | 100% |
Hafnia Hong Kong | Jan-19 | GSI | 74,999 | Malta | 50%3 |
Hafnia Shanghai | Jan-19 | GSI | 74,999 | Malta | 50%3 |
Karimata | Sep-19 | Onomichi | 74,999 | Panama | TC-in2 |
Sunda | Jun-19 | Onomichi | 74,999 | Panama | TC-in2 |
Tectus | Jul-09 | STX | 74,862 | Liberia | TC-in2 |
Hafnia Shenzhen | Jun-20 | GSI | 74,999 | N/A | 50%3 |
Hafnia Nanjing | Sep-20 | GSI | 74,999 | N/A | 50%3 |
1‘BB-in’ = Bare boat charter in
2‘TC-in’ = Time charter in
3Owned through the Vista JV
LR 2
Total (6 vessels) | 690,000 | ||||
Name | Mth-Year built | Shipyard | Capacity (dwt) | Flag | Ownership (%) |
BW Despina | Jan-19 | Daehan | 115,000 | Singapore | 100% |
BW Galatea | Mar-19 | Daehan | 115,000 | Singapore | 100% |
BW Larissa | Apr-19 | Daehan | 115,000 | Singapore | 100% |
BW Neso | Jul-19 | Daehan | 115,000 | Singapore | 100% |
BW Thalassa | Sep-19 | Daehan | 115,000 | Singapore | 100% |
BW Triton | Oct-19 | Daehan | 115,000 | Singapore | 100% |
Newbuilds
Total (4 vessels) | 249,998 | ||||
Name | Type of vessel | To be delivered | Shipyard | Capacity (dwt) | Ownership (%) |
Hafnia Shenzhen | LR1 | Aug-20 | GSI | 74,999 | 50% |
Hafnia Nanjing | LR1 | Oct-20 | GSI | 74,999 | 50% |
Bulldog | MR | Jan-20 | JMU | 50,000 | TC-in |
Basset | MR | Dec-19 | JMU | 50,000 | TC-in |