Danish shipping company Hafnia is set for a change at the top. CEO Mikael Skov will step down on 1 September and be succeeded by Søren Steenberg Jensen.
Hafnia, the Singapore-listed product tanker shipping company, is set to appoint a new CEO: Mikael Skov will step down from his post on 1 September 2026. The Board of Directors has appointed Søren Steenberg Jensen, previously EVP and Head of Asset Management, as his successor.
Skov has led Hafnia since the company was founded in 2010. According to the shipping company, he played a key role in establishing the company as a product tanker platform. Hafnia operates and owns around 200 vessels and transports oil, oil products and chemicals for energy, chemical, trading and utility companies.
Skov is set to join Hafnia’s Board of Directors in future. This is subject to confirmation at a planned extraordinary general meeting.
Andreas Sohmen-Pao, Chairman of Hafnia, praised Skov’s work and described Jensen as a suitable successor for the planned transition. Jensen has long been involved in Hafnia’s strategy and corporate culture.
Jensen announced that he would continue along the same course. The focus would be on commercial execution, operational performance, digitalisation and continuous improvement.
Hafnia has offices in Singapore, Copenhagen, Houston and Dubai. According to the company, it employs more than 4,000 staff onshore and at sea. Hafnia is part of the BW Group.
Net profit more than doubled
The shipping company had recently benefited from an exceptionally strong product tanker market. In the first quarter of 2026, the company increased its net profit to $179.7 million, up from $63.2 million in the same period the previous year. TCE revenue rose to $282.5 million. According to the company, this was driven, amongst other factors, by changes in oil and product flows resulting from the Hormuz crisis. At the same time, Hafnia continued to renew its fleet, selling several tankers and ordering eight new MR tankers from Hyundai Heavy Industries (HHI) for around $405 million.
