Hafnia’s Skov on Product Tankers’ Prosperity

Product tankers are currently at the beginning of a multiyear rate cycle as a result of a lack of new vessels coming on line and an outlook for demand growth. Pricing has gotten a boost from longer ton-miles created by the crisis in the Red Sea and Russia’s war in Ukraine. In this Talking Transports podcast, Mikael Skov, Hafnia’s co-founder and CEO, joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to share his insights on product tanker markets. Skov also talks about how the company is navigating new emissions regulations facing the global shipping industry, as well Hafnia’s fleet, use of cash, demand trends, vessel prices, its use of cash and how his mom nudged him into a successful career in shipping.

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