Hafnia (HAFN) Payouts Surge as Q2 Profit Hits Multi-Year High

Hafnia Limited reported second-quarter net profit of $277.8 million on August 28, marking its strongest quarterly performance since the third quarter of 2022. The tanker shipping company achieved time charter equivalent income of $372.9 million with an average fleet TCE of $44,093 per day, translating to a 44.6% annualized return on equity. The results reflected elevated freight rates sustained by geopolitical disruptions in the Persian Gulf and Red Sea over a six-month period.
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