Core Insights - Hafnia Limited, a leading product tanker company, reported its financial results for the three and nine months ended September 30, 2025, highlighting its diversified and modern fleet of over 120 vessels [1] Financial Performance - The company announced its quarterly results, which can be accessed in detail on its Investor Relations website [1] Recent Activity - Hafnia Limited continues to maintain a strong position in the product tanker market, reflecting its operational capabilities and fleet size [1]

Financial Performance - Second Quarter 2025 TCE was USD 208 million, compared to USD 214 million in the first quarter of 2025[7] - Second Quarter 2025 EBITDA was USD 127 million, down from USD 136 million in the first quarter of 2025[7] - Net profit for the Second Quarter 2025 was USD 59 million, compared to USD 63 million in the previous quarter[7] - The company's fleet size decreased from 91 vessels in Q1 2025 to 88 vessels in Q2 2025[7] - The company's dividend payout ratio was 67% in Q2 2025, a 5 percentage point increase from 62% in Q1 2025[32] Market Dynamics - Trade volumes reached a 16-month high at the start of Q3, driven by increased exports from the Middle East, Asia, and the Americas[17] - CPP-trading product tanker fleet capacity declined by approximately 2%, despite a 4% nominal fleet growth, comparing end Q2 2025 vs end Q2 2024[28] Future Outlook - The company expects TCE earnings to be USD 800 million - 950 million and EBITDA to be USD 475 million - 625 million for 2025[54] - The company has coverage for Q3 2025 at 56% at USD 30,617 per day and 66% coverage for FY 2025 at USD 27,833 per day[53]