Prospects for a higher dividend payout in the year’s second half are helping to boost the shares of product tanker giant Hafnia.

The BW Group-backed shipowner and operator, which is listed in New York and Oslo, already has paid record dividends for the past two quarters.

On Friday, it shelled out a total of $207.4m, or $0.4049 per share, flowing from a second quarter that beat analysts’ expectations.