SINGAPORE: Hafnia Limited has entered into a share purchase agreement to acquire all outstanding shares in Chemical Tankers Inc (CTI), thereby taking over control of CTI’s fleet of 32 modern and fuel-efficient IMO II product/chemical tankers. The CTI fleet consists exclusively of high specification ECO design vessels, constructed at leading shipyards. In exchange for all…
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Ardmore Shipping not interested in Hafnia Limited’s proposal to combine businesses
OSLO: Hafnia Limited announced that it has made a proposal to combine with Ardmore Shipping Corp in an all-stock transaction. On June 19, 2020, Hafnia sent a letter to the chairman of the board of directors of Ardmore outlining its proposal and inviting the Ardmore Board to engage in a discussion regarding a transaction that…