Global shipping, and tanker companies in particular, operate in a reality that is extremely influenced by external events which can turn significant losses into windfalls.
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When the geopolitical backdrop is set, a tanker company's financial statement also reflects how well it is operated in comparison to competitors.
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The top executive has a keen eye on the strong tank market
The tank market looks strong not only in the new year but for several years ahead, says Hafnia's CEO Mikael Skov regarding the just-released financial report for the third quarter, traditionally referred to as the "weaker" quarter in the industry
Danish executive Mikael Skov has been the CEO of the product and chemical tanker shipping company Hafnia since 2019. Hafnia was formed through the merger of BW Tankers and Hafnia Tankers. The company operates around 220 ships and is the world's largest in its field. Photo © Helle Moos
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