Hafnia Ltd has successfully completed a significant capital raise, announcing an increase in its share capital through the issuance of new ordinary shares. This move is expected to bolster the company’s financial position and operational capabilities in the competitive transportation services industry.
On October 5, 2026, Hafnia filed a report detailing the issuance of 35,488,875 new ordinary shares, which raised gross proceeds of approximately USD 300 million. This capital raise comes after a previous announcement on September 24, 2026, regarding the successful pricing of the offering.
About Hafnia Ltd
Hafnia Ltd, incorporated in Singapore, operates within the transportation services sector, specifically focusing on oil, oil products, and chemicals. The company is one of the world's leading tanker owners, managing around 180 vessels and providing a fully integrated shipping platform. Hafnia is part of the BW Group, a prominent international shipping group.
What the Filing Says
The filing states, "The Company has today issued 35,488,875 new ordinary shares in the Company to the settlement agent for the redelivery of shares to BW Group Limited that were borrowed pursuant to a share lending agreement." Following this issuance, Hafnia will have a total of 535,331,154 ordinary shares outstanding, all of which are fully paid.
Impact
This capital increase will likely impact various stakeholders, including existing shareholders who may experience dilution of their shares, as well as potential investors looking to enter the market. The funds raised are expected to enhance Hafnia's operational capabilities and strategic initiatives.
What's Next
The new shares are set to be admitted to trading on Euronext Oslo Børs, with the filing indicating that this will happen immediately following the issuance.
For further details, Hafnia has indicated that additional information can be obtained by contacting Søren Steenberg Jensen, the CEO of Hafnia Limited.