Hafnia Limited Announces Fourth Quarter 2025 Dividend Payout
Hafnia Limited has announced detailed information regarding its fourth quarter 2025 financial results and the associated cash dividend distribution. The announcement, released on 26 February 2026, outlines key dates, payment structures, and shareholder entitlements, reaffirming the Company’s commitment to delivering consistent returns while maintaining operational strength in the global tanker market.
Fourth Quarter 2025 Dividend Overview
The Board of Directors of Hafnia approved the fourth quarter 2025 cash dividend on 25 February 2026. Shareholders will receive a dividend of USD 0.1762 per share, reflecting the Company’s continued focus on disciplined capital allocation and shareholder value creation.
The declared currency for the dividend is United States Dollars (USD). However, due to Hafnia’s dual listing and shareholder structure, payment mechanisms differ slightly depending on where shares are registered. Shareholders registered through the Euronext VPS system will receive dividend payments in Norwegian Krone (NOK), converted from USD shortly before the payment date. Meanwhile, shareholders registered through the U.S. Depository Trust Company (DTC) will receive dividends directly in USD.
Key Dividend Dates
Below is a breakdown of the important dates associated with the fourth quarter 2025 dividend:
Date of Approval: 25 February 2026
Record Date: 6 March 2026
Dividend Amount: USD 0.1762 per share
Declared Currency: USD
The record date determines which shareholders are entitled to receive the dividend. Investors must own shares before the ex-dividend date to qualify.
Shares Registered in Euronext VPS (Oslo Stock Exchange)
For shareholders holding shares registered in the Euronext VPS and traded on the Oslo Stock Exchange, the following timeline applies:
- Last trading day including the right to dividends: 4 March 2026
- Ex-date: 5 March 2026
- Payment date: On or about 18 March 2026
Dividends paid to VPS-registered shareholders will be distributed in NOK. The conversion from USD to NOK will occur two business days prior to the payment date, meaning the exchange rate applied will reflect prevailing market conditions at that time. This approach ensures a fair and transparent conversion process while aligning with Norwegian settlement standards.
Shares Registered in Depository Trust Company (DTC)
For shareholders holding shares through the Depository Trust Company in the United States:
- Last trading day including the right to dividends: 5 March 2026
- Ex-date: 6 March 2026
- Payment date: On or about 13 March 2026
These shareholders will receive their dividend payments in USD. The slight variation in ex-date and payment date between Oslo and U.S. shareholders reflects the operational differences between the two settlement systems and market conventions.
Regulatory Disclosure
This dividend announcement and associated information are provided in accordance with Section 5-12 of the Norwegian Securities Trading Act, which mandates timely disclosure of information likely to have a material effect on securities traded on Norwegian markets. Hafnia’s adherence to these regulatory requirements underscores its commitment to transparency, governance, and regulatory compliance.
Strength in Operational Performance
The dividend announcement follows the release of Hafnia’s fourth quarter 2025 financial results, highlighting continued operational resilience in a dynamic tanker market environment. While tanker markets are often influenced by geopolitical factors, global oil demand, refinery throughput, and shifting trade routes, Hafnia has consistently demonstrated its ability to navigate market cycles effectively.
As one of the world’s leading tanker owners and operators, Hafnia plays a critical role in the transportation of oil, refined petroleum products, and chemicals across global trade routes. The Company’s performance in 2025 reflects disciplined fleet management, commercial optimization strategies, and operational excellence.
A Global Leader in Tanker Shipping
Hafnia is widely recognized as one of the largest and most diversified tanker companies globally. With ownership and operation of approximately 200 vessels, the Company offers a comprehensive and fully integrated shipping platform.
Its fleet includes a range of tanker segments designed to serve different cargo types and trade routes. Through strategic pooling arrangements and commercial management structures, Hafnia maximizes fleet utilization and earnings potential while maintaining operational efficiency and safety standards.
The Company’s integrated platform encompasses:
- Technical vessel management
- Commercial operations and chartering services
- Pool management structures
- Bunker procurement services at scale
This vertically integrated approach allows Hafnia to capture operational synergies and deliver reliable service to customers worldwide.
Serving a Diverse Global Customer Base
Hafnia’s customers include major national and international oil companies, chemical producers, trading houses, and utility companies. These long-standing relationships are built on reliability, safety performance, and operational consistency.
The tanker market remains a critical component of global energy supply chains. As geopolitical shifts and evolving trade patterns reshape shipping routes, companies like Hafnia are positioned to provide flexible transportation solutions that ensure continuity of energy supply across regions.
Global Footprint and Workforce
Headquartered with a strong international presence, Hafnia operates offices in:
- Singapore
- Copenhagen
- Houston
- Dubai
This global footprint allows the Company to maintain close relationships with customers and partners across key maritime and energy hubs.
Hafnia currently employs over 4,000 employees, both onshore and at sea. Its workforce includes experienced maritime professionals, technical specialists, commercial operators, and support staff. The Company places significant emphasis on safety, environmental responsibility, and crew welfare, recognizing that people are central to its operational success.
Commitment to Shareholder Returns
The fourth quarter 2025 dividend reflects Hafnia’s broader capital allocation strategy. The Company balances several financial priorities:
- Maintaining a strong balance sheet
- Investing in fleet renewal and efficiency improvements
- Pursuing strategic growth opportunities
- Returning capital to shareholders
In cyclical industries such as tanker shipping, maintaining financial flexibility is crucial. Hafnia’s dividend policy aims to provide competitive returns while ensuring resilience against market volatility.
Part of a Strong Maritime Group
Hafnia is part of the BW Group, an international shipping and maritime investment group with over 80 years of history. BW Group’s diversified portfolio spans oil and gas transportation, floating gas infrastructure, environmental technologies, and deep-water production.
Being part of BW Group provides Hafnia with strategic backing, industry expertise, and financial strength. This relationship enhances Hafnia’s ability to pursue long-term growth initiatives while navigating the cyclical nature of shipping markets.
Market Environment and Strategic Positioning
The global tanker market in 2025 continued to experience dynamic conditions shaped by:
- Ongoing geopolitical developments
- Changes in oil production levels
- Refinery expansions and closures
- Evolving environmental regulations
- Shifts in global trade patterns
Hafnia’s scale and diversified fleet allow it to adapt to these changing conditions. Its commercial strategy emphasizes flexibility between spot and time-charter exposure, enabling the Company to capture upside potential during strong markets while mitigating downside risk during softer periods.
Furthermore, environmental considerations are increasingly central to shipping operations. Hafnia continues to invest in fuel-efficient technologies, voyage optimization systems, and emissions reduction initiatives. These efforts align with international maritime regulations and customer expectations regarding sustainability and decarbonization.
