{"id":28888,"date":"2022-01-20T13:07:01","date_gmt":"2022-01-20T10:07:01","guid":{"rendered":"https:\/\/www.al-sindbad.net\/hafnia-swoops-for-scorpios-lr1-fleet\/28888\/"},"modified":"2022-01-20T13:07:01","modified_gmt":"2022-01-20T10:07:01","slug":"hafnia-swoops-for-scorpios-lr1-fleet","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/hafnia-swoops-for-scorpios-lr1-fleet\/28888\/","title":{"rendered":"Hafnia swoops for Scorpio\u2019s LR1 fleet"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>BW Group-controlled Hafnia has confirmed today in a release to the Oslo Bors that it is in advanced negotiations with Scorpio Tankers to buy all of the 12 LR1 tankers in Scorpio\u2019s 130-ship strong fleet.<\/p>\n<p>Fearnleys expects Scorpio to get prices in the \u201cmid-$30m range\u201d for each vessel, suggesting the whole deal is worth $420m.<\/p>\n<p>Hafnia commercially operates a fleet of 198 vessels including 34 LR1s. Hafnia has been on an expansion charge of late. In November last year <em>Splash<\/em> reported on Hafnia <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/hafnia-swoops-for-oaktrees-chemical-tanker-fleet\/\">swoopi<\/a><a href=\"https:\/\/splash247.com\/hafnia-swoops-for-oaktrees-chemical-tanker-fleet\/\" target=\"_blank\" rel=\"noreferrer noopener\">n<\/a><a href=\"https:\/\/splash247.com\/hafnia-swoops-for-oaktrees-chemical-tanker-fleet\/\">g for Oaktree Capital Management\u2019s Chemical Tankers Inc (CTI)<\/a><\/span>, a fleet consisting of six 49,000 dwt MRs, eighteen 38,000 dwt handies and eight 25,000 dwt stainless steel tankers.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>Hafnia, like parent BW, has long been an advocate of consolidation. \u201cConsolidation enables Hafnia to achieve improved earnings capability through the shipping cycle,\u201d the company said in a release to the Oslo Bors at the time of the CTI acquisition.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/monaco\/\" rel=\"tag\">Monaco<\/a> <a href=\"https:\/\/splash247.com\/tag\/singapore\/\" rel=\"tag\">Singapore<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BW Group-controlled Hafnia has confirmed today in a release to the Oslo Bors that it is in advanced negotiations with Scorpio Tankers to buy all of the 12 LR1 tankers in Scorpio\u2019s 130-ship strong fleet. Fearnleys expects Scorpio to get prices in the \u201cmid-$30m range\u201d for each vessel, suggesting the whole deal is worth $420m. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":17559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-28888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=28888"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/17559"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=28888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=28888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=28888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}