Shipowning newcomer Hafnia Tankers will not be rushing out to order fresh tonnage after completing a $235m private placement this week, a leading executive says.

Hafnia Tankers, led by former Torm boss Mikael Skov, raised the cash to fund the purchase of 10 products tankers from compatriot J Lauritzen in a move predicted by TradeWinds last week.

Hafnia Tankers, which boasts Barclays, Blackstone, Tufton Oceanic Group and Lauritzen among its initial investors, will have a fleet of 27 products tankers, 19 of which are already in the water.

That