Singapore product tanker giant Hafnia has revealed an expansion of its fleet through two joint ventures.
The Oslo-listed shipowner, part of BW Group, said it had formed a 50:50-owned company in July with International Andromeda Shipping of Monaco.
This new venture has acquired two MR newbuildings from South Korea's Hyundai Mipo Dockyard (HMD) that were originally ordered by Andromeda in 2020.
