Singapore's Hafnia believes product and chemical tanker markets are still "primed" for consolidation, following its landmark deal to take over Chemical Tankers Inc (CTI).
The all-share deal for the Oaktree Capital Management-owned company, announced earlier on Thursday, will add 32 chemical carriers to the Hafnia fleet, increasing it to 233 vessels.
But Hafnia told TradeWinds there is still "a large fragmentation of ownership" in the two sectors.
