By Edwin Lampert
Ten years ago, Mikael Skov was one of the first tanker executives I met as editor of the then fledgling Tanker Shipping & Trade magazine. At the time Mikael was executive vice president with the tanker division of Copenhagen-based Torm and would later become chief executive stepping down after 26 years of service with the company in March 2010.
After some time out, he returned with Tankers Inc which became Hafnia Tankers in 2013. Today the company is working on a merger agreement with Diamond S Shipping, which if successful, would make the new entity the 14th largest tanker company by value according to industry analysts VesselsValue. Perhaps the ‘big break’ for Hafnia came in 2013 when Lauritzen Tankers withdrew from the market and the whole fleet was sold to Hafnia.
But that is just part of the story as Barry Luthwaite points out in our upcoming Denmark report in the August/September edition of Tanker Shipping & Trade.
Hafnia Management is involved in three pools – the Hafnia Handy Pool, Hafnia MR Pool and Straits Tankers LR1 pool, which have expanded at such a pace that Hafnia now ranks as the world’s third-largest products pool operator. The company is also gradually expanding its presence in Singapore.
Close co-operation has been established with Thome Ship Management with Thome now managing six Handysize 38,825 dwt vessels, as well as eight MR vessels recently delivered frm GSI Shipyard in China.
The inevitable question is what next? What are the odds of a listing in New York or even following another well-known Danish tanker and transferring ownership of the holding company to London?
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the experts in that field for the authenticity of the presentations.
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Source: Tanker Shipping & Trade
