Singapore-based tanker owner Hafnia has placed an order to build eight fuel-efficient product tankers with South Korean shipbuilder Hyundai Heavy Industries.
The total purchase price for the new medium-range (MR) tankers is approximately $405 million, with delivery expected between the third quarter of 2028 and the second quarter of 2029.
The series delivers broad benefits and predictable performance across the fleet while enhancing earnings quality and supporting the disciplined renewal of the company’s MR segment, Hafnia said.
“We are pleased to return to Hyundai Heavy Industries with an order for eight modern MR vessels. This program secures early delivery sites at a leading yard and builds on proven, fuel-efficient designs.” said the CEO of Hafnia Michael Skov.
“With a continued focus on fuel efficiency, these vessels support our path toward improved decarbonization while enhancing our customer offerings and long-term competitiveness. Overall, this agreement represents a strong commercial move in strengthening Hafnia’s long-term earnings base.”
Hafnia and its joint venture partner, the French shipowner Socotra, He took delivery From the last dual-fuel MR methanol tanker from China’s Guangzhou Shipbuilding International (GSI) in January, as part of four vessels Order from August 2023.
The first two tankers in this series, Ikumar Gascogne and Ikumar GoinThe third ship was delivered to Hafnia and Socotra in January and May 2025, respectively. Ikumar JaronDelivered in August 2025.
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