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Hafnia Limited (HAFN) Q3 2024 Earnings Call Transcript

Hafnia Limited (NYSE:HAFN) Q3 2024 Earnings Conference Call November 27, 2024 8:30 AM ET

Company Participants

Mikael Skov – CEO
Søren Winther – VP, Commercial
Perry Van Echtelt – CFO
Thomas Andersen – EVP & Head, IR

Conference Call Participants

Frode Mørkedal – Clarksons Platou Securities AS
Omar Nokta – Jefferies

Operator

Welcome to Hafnia’s Third Quarter 2024 Financial Results Presentation. We will begin shortly. You will be brought through today’s presentation by Hafnia CEO, Mikael Skov; CFO, Perry Van Echtelt; VP, Commercial, Søren Winther; and EVP, Head of Investor Relations, Thomas Andersen. They will be pleased to address any questions after the presentation. [Operator Instructions]

During this conference call, some statements may be considered forward-looking, reflecting management’s current expectations. These statements involve risks, uncertainties, and other factors, many of which are beyond Hafnia’s control that could cause actual results, performance or plans to differ significantly from those expressed or implied.

Additionally, this conference call does not constitute an offer or solicitation to buy or sell any securities.

With that, I’m pleased to turn the call over to Hafnia CEO Mikael Skov.

Mikael Skov

Thank you, and hello, everyone. I’m Mikael Skov, CEO of Hafnia. Welcome, and thank you for joining Hafnia’s third quarter 2024 earnings call.

Joining me here today are our CFO, Perry Van Echtelt; our VP of Commercial, Søren Winther; and our EVP and Head of Investor Relations, Thomas Andersen. Together, we will walk you through Hafnia’s performance for the third quarter of 2024.

Today’s agenda focuses on four main areas. I will start by highlighting our key achievements and milestones from the third quarter. Next, we will recap Hafnia’s key investment opportunities. We will then review recent commercial developments and provide our outlook for the product tanker market. Finally, we will review the quarter’s financial performance before concluding with an update on

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