BW completes Hafnia merger

BW completes Hafnia merger

BW Tankers has competed its merger with Denmark’s Hafnia Tankers, creating a company with the world’s largest product tanker fleet.

The giant company features 102 product tankers, four newbuildings and three product tanker pools – managed by Hafnia Management and Straits Tankers with vessels in the LR2, LR1, MR and SR segments. Michael Skov, Hafnia’s CEO, has become CEO of the merged company.

As a consequence of the merger, Hafnia has been deleted from the N-OTC list on the Oslo Bors with BW Tankers registering in its place.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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