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Hafnia Boosts Interest in Torm to 20%

MT Newswires·09/24/2026 03:38:55
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03:38 AM EDT, 09/24/2026 (MT Newswires) -- Hafnia (HAFNI.OL) agreed to acquire an additional 1.66% stake in Danish shipping group Torm (TRMD-A.CO) for $34 per share, according to a Thursday release. The tanker company will subsequently own a 19.85% interest in Torm. The transaction will be satisfied using cash on hand and existing credit facilities.