In a note to clients Pareto Securities stamped the Danish product tanker operator’s Oslo-quoted stock with a “buy” rating.
The firm argued that Hafnia provides what it described as “attractive exposure” to improvements in its core market.
“The product tanker market is strengthening fundamentally on higher demand for oil products, imbalances in production of refined products and new refineries dislocated from the major consuming regions,” it said.
Pareto
