Hafnia acquires 12 LR1 product tankers

Photo: Hafnia

Hafnia has entered into a framework agreement for the purchase of 12 LR1 vessels from Scorpio Tankers.

Hafnia will purchase the vessels from Scorpio for a total consideration of US$413.8 million. Hafnia also has advanced discussions with ICBC Financial Leasing on competitive terms to finance the transaction through a sale and leaseback structure with monthly purchase options and an obligation for Hafnia to purchase the vessels at the end of the 10-year charter period.

The tankers were built in 2015 and 2016 in South Korea and will all be scrubber-fitted at delivery, which is scheduled from the second half of February to mid-May 2022.

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