Danish owner Lauritzen has collected $125m in cash forthe ships, of which $10m has been reinvested in Hafnia, the seller said in astatement this morning.

As TradeWinds revealed last week, Hafnia is funding the purchasevia a listing on the OTC in co-operation with Tankers Inc.

“Thesale will not impact our earlier announced expectations on EBITDA for 2013 ($60m to $80m),whereas the net result for 2013 is estimated to be slightly better,” Lauritzensaid this morning.