Hafnia Begins Trading on New York Stock Exchange

Hafnia, recognized as the largest company in the product tanker sector, initiated its shares trading on the New York Stock Exchange (NYSE) yesterday. This new listing accompanies its existing presence on the Oslo stock exchange and is part of the portfolio of BW Group.

On its first trading day in New York, Hafnia's shares experienced a decline, closing 45 cents lower at $7.47 by the end of Tuesday.

“Listing on the NYSE opens new possibilities and opportunities for growth while reinforcing our commitment to transparency, accountability, and good governance,” stated Mikael Skov, the CEO of Hafnia.

In related news, BW LPG, another enterprise supported by BW, has recently submitted its application to be listed on the NYSE. This move suggests that BW LPG intends to follow in the footsteps of Hafnia and DHT, another major player in the crude tanker market, by making its mark on Wall Street.