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Segment information
6 Months Ended
Jun. 30, 2025
Segment information [Abstract]  
Segment information
Note 12: Segment information
 
 
For the 3 months ended 30 June 2025
LR21
USD’000
LR12
USD’000
MR3
USD’000
Handy4
USD’000
Total
USD’000
 
 
Revenue (Hafnia Vessels and TC Vessels)
30,719
91,254
168,309
56,282
346,564
 
 
Revenue (External Vessels in Disponent-Owner Pools)
15,954
59,117
115,408
17,112
207,591
 
 
Voyage expenses (Hafnia Vessels and TC Vessels)
(9,896)
(30,589)
(53,448)
(21,473)
(115,406)
 
 
Voyage expenses (External Vessels in Disponent-Owner Pools)
(5,511)
(21,310)
(50,790)
(5,338)
(82,949)
 
 
Pool distributions for External Vessels in Disponent-Owner Pools
(10,442)
(37,807)
(64,619)
(11,774)
(124,642)
 
 
TCE Income5
20,824
60,665
114,860
34,809
231,158
 
               
 
Other operating income
609
1,354
2,596
1,520
6,079
 
 
Vessel operating expenses
(4,041)
(17,040)
(32,651)
(14,944)
(68,676)
 
 
Technical management expenses
(490)
(1,773)
(3,401)
(1,337)
(7,001)
 
 
Charter hire expenses
(1,445)
(6,709)
(8,154)
 
               
 
Adjusted EBITDA5
16,902
41,761
74,695
20,048
153,406
 
 
Depreciation charge
(3,107)
(12,898)
(25,501)
(9,400)
(50,906)
 
           
102,500
 
 
Unallocated
       
(24,505)
 
 
Profit before income tax
       
77,995
 

 
For the 6 months ended 30 June 2025
LR21
USD’000
LR12
USD’000
MR3
USD’000
Handy4
USD’000
Total
USD’000
 
 
Revenue (Hafnia Vessels and TC Vessels)
58,315
179,745
327,029
121,818
686,907
 
 
Revenue (External Vessels in Disponent-Owner Pools)
30,687
109,247
238,360
36,864
415,158
 
 
Voyage expenses (Hafnia Vessels and TC Vessels)
(19,196)
(64,271)
(104,589)
(48,942)
(236,998)
 
 
Voyage expenses (External Vessels in Disponent-Owner Pools)
(12,093)
(41,067)
(102,473)
(13,539)
(169,172)
 
 
Pool distributions for External Vessels in Disponent-Owner Pools
(18,594)
(68,180)
(135,887)
(23,325)
(245,986)
 
 
TCE Income5
39,119
115,474
222,440
72,876
449,909
 
               
 
Other operating income
1,400
2,576
5,263
3,836
13,075
 
 
Vessel operating expenses
(7,881)
(33,250)
(65,558)
(30,086)
(136,775)
 
 
Technical management expenses
(774)
(2,936)
(5,871)
(2,638)
(12,219)
 
 
Charter hire expenses
(3,949)
(12,827)
(16,776)
 
               
 
Adjusted EBITDA5
31,864
77,915
143,447
43,988
297,214
 
 
Depreciation charge
(6,177)
(25,986)
(50,424)
(17,770)
(100,357)
 
           
196,857
 
 
Unallocated
       
(54,253)
 
 
Profit before income tax
       
142,604
 


1 Vessels between 85,000 DWT and 124,999 DWT in size and provides transportation of clean petroleum oil products.
2 Vessels between 55,000 DWT and 84,999 DWT in size and provides transportation of clean and dirty petroleum products.
3 Vessels between 40,000 DWT and 54,999 DWT in size and provides transportation of clean and dirty oil products, vegetable oil and easy chemicals; inclusive of IMO II vessels
4 Vessels between 25,000 DWT and 39,999 DWT in size and provides transportation of clean and dirty oil products, vegetable oil and easy chemicals; inclusive of IMO II vessels
5 See Non-IFRS Measures in Note 15.

 
For the 3 months ended 30 June 2024
LR21
USD’000
LR12
USD’000
MR3
USD’000
Handy4
USD’000
Total
USD’000
 
 
Revenue (Hafnia Vessels and TC Vessels)
42,909
154,113
261,078
104,998
563,098
 
 
Revenue (External Vessels in Disponent-Owner Pools)
29,696
92,117
123,860
22,391
268,064
 
 
Voyage expenses (Hafnia Vessels and TC Vessels)
(10,216)
(35,980)
(67,360)
(32,183)
(145,739)
 
 
Voyage expenses (External Vessels in Disponent-Owner Pools)
(9,768)
(27,707)
(39,785)
(7,010)
(84,270)
 
 
Pool distributions for External Vessels in Disponent-Owner Pools
(19,928)
(64,410)
(84,075)
(15,381)
(183,794)
 
 
TCE Income5
32,693
118,133
193,718
72,815
417,359
 
               
 
Other operating income
659
2,010
4,448
1,098
8,215
 
 
Vessel operating expenses
(3,633)
(16,228)
(33,003)
(16,199)
(69,063)
 
 
Technical management expenses
(530)
(2,082)
(3,623)
(1,372)
(7,607)
 
 
Charter hire expenses
(2,531)
(9,132)
(11,663)
 
               
 
Adjusted EBITDA5
29,189
99,302
152,408
56,342
337,241
 
 
Depreciation charge
(3,542)
(14,558)
(28,116)
(8,302)
(54,518)
 
           
282,723
 
 
Unallocated
       
(21,954)
 
 
Profit before income tax
       
260,769
 

 
For the 6 months ended 30 June 2024
LR21
USD’000
LR12
USD’000
MR3
USD’000
Handy4
USD’000
Total
USD’000
 
 
Revenue (Hafnia Vessels and TC Vessels)
72,410
318,224
497,655
196,601
1,084,890
 
 
Revenue (External Vessels in Disponent-Owner Pools)
56,907
185,079
237,261
51,918
531,165
 
 
Voyage expenses (Hafnia Vessels and TC Vessels)
(14,207)
(81,105)
(131,491)
(61,926)
(288,729)
 
 
Voyage expenses (External Vessels in Disponent-Owner Pools)
(22,103)
(53,176)
(76,403)
(16,801)
(168,483)
 
 
Pool distributions for External Vessels in Disponent-Owner Pools
(34,804)
(131,903)
(160,858)
(35,117)
(362,682)
 
 
TCE Income5
58,203
237,119
366,164
134,675
796,161
 
               
 
Other operating income
1,418
4,034
6,876
2,343
14,671
 
 
Vessel operating expenses
(7,957)
(33,422)
(65,846)
(31,467)
(138,692)
 
 
Technical management expenses
(875)
(3,494)
(6,323)
(2,634)
(13,326)
 
 
Charter hire expenses
(4,716)
(16,477)
(21,193)
 
               
 
Adjusted EBITDA5
50,789
199,521
284,394
102,917
637,621
 
 
Depreciation charge
(6,924)
(29,516)
(55,286)
(16,501)
(108,227)
 
           
529,394
 
 
Unallocated
       
(47,311)
 
 
Profit before income tax
       
482,083
 


1 Vessels between 85,000 DWT and 124,999 DWT in size and provides transportation of clean petroleum oil products.
2 Vessels between 55,000 DWT and 84,999 DWT in size and provides transportation of clean and dirty petroleum products.
3 Vessels between 40,000 DWT and 54,999 DWT in size and provides transportation of clean and dirty oil products, vegetable oil and easy chemicals; inclusive of IMO II vessels
4 Vessels between 25,000 DWT and 39,999 DWT in size and provides transportation of clean and dirty oil products, vegetable oil and easy chemicals; inclusive of IMO II vessels
5 See Non-IFRS Measures in Note 15.