Hafnia reports Q1 revenue of $412.9M, up 21.3% year-over-year, with GAAP EPS of $0.36.
Hafnia posted Q1 2025 revenue of $412.9 million, a 21.3% increase year-over-year, driven by higher earnings across its operations. GAAP earnings per share reached $0.36 for the quarter.
Fee-based businesses generated earnings of USD 7.8 million, nearly unchanged from USD 7.9 million in the same period last year. Time Charter Equivalent earnings totaled USD 282.5 million, though prior-year comparables were not fully disclosed.
The results reflect improved market conditions and operational performance in the shipping sector.