HAFNIA Ltd

SINGAPORE--(BUSINESS WIRE)--Reference is made to the stock exchange announcement made by Hafnia Limited (“Hafnia” or the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on 1 October 2024 regarding the successful completion of the discontinuance of the Company from Bermuda and continuance to Singapore (the "Redomiciliation"). The Redomiciliation entails a change of the ISIN code for the Company's shares traded on the Oslo Stock Exchange and a change of the CUSIP code for the Compa. » Mehr auf businesswire.com

SINGAPORE--(BUSINESS WIRE)--Reference is made to the stock exchange announcement made by Hafnia Limited (“Hafnia” or the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on 20 September 2024 regarding the subsequent court hearing (the "Sanction Hearing") at which the Supreme Court of Bermuda (the "Court") sanctioned the scheme of arrangement (the "Scheme") between the Company and its shareholders pursuant to Section 99 of the Bermuda Companies Act 1981 as amended in order to effec. » Mehr auf businesswire.com

HAFN represents the best value in what I believe will be a multiyear up cycle in the refined product shipping industry. HAFN's dividend is currently producing a 21% yield. Following structural changes in the refining industry and the low vessel order book, I believe high teen yields are sustainable. HAFN shows leading performance metrics in terms of break-even rates, fleet age, EV to EBITDA valuation, and dividend yield. » Mehr auf seekingalpha.com