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28 August 2026

Hafnia cashes out of Andromeda joint venture

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Source reporting: Splash247

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Hafnia cashes out of Andromeda joint venture

Product tanker giant Hafnia has cashed out its stake in a joint venture with Monaco-based Andromeda Shipping, booking a $13. 3m profit as it continues to prune older tonnage from its fleet. The BW Group-controlled owner sold its 50% interest in the two MR tankers held through H&A Shipping during the third quarter. Hafnia did not …

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