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Hafnia looks for ‘windows’ of rate improvement after loss

Rebound in moribund product tanker market not seen until late 2020 as manager of 184 tankers reports fourth quarter of 2020 results

Hafnia’s time charter equivalent earnings of $104.3m for the fourth quarter of 2020 equated to an average of $12,400 daily, which is below the company’s stated operational cashflow breakeven of $13,000

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