Hafnia Ltd 2020 Annual Report with Sustainability Disclosures
Company: Hafnia Ltd
Sector: Transport & logistics
Country: Singapore
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 172
The report highlights Hafnia's commercial performance and sustainability initiatives during the fiscal year 2020. Despite the challenges of the Covid-19 pandemic, the company achieved a net profit of USD 148.8 million and expanded its business by launching the 'Hafnia Specialized' pool. Hafnia made significant capital commitments toward decarbonization, including ordering two LNG-powered LR2 vessels and investing in the Kalama methanol facility. The company also achieved a carbon intensity of 5.70 gms CO2/dwt-NM across its owned fleet, which is 5.6% below the IMO baseline. Additionally, Hafnia signed the Neptune Declaration on Seafarer Wellbeing and Crew Change to support its crew during the pandemic.
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