Hafnia Vessels & Tc Vessels was Hafnia’s largest revenue line in fiscal 2025, bringing in $1.05B of $2.09B (50%).
| Products and services [axis] | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|
| Hafnia Vessels & Tc Vessels | $1.53B | $895.02M | $1.05B |
| External Vessels In Disponent-Owner Pools | — | $1.37B | $705.46M |
| Revenue From Time Charter | — | $132.51M | $169.15M |
| Lease Component | $48.30M | $92.18M | $113.84M |
| Non Lease Component | — | $40.33M | $55.30M |
| Non-Lease Component | $25.50M | — | — |
| Total | $1.60B | $2.53B | $2.09B |
Hafnia brought in $2.09B from its five revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 17.4% from $2.53B in fiscal 2024. Hafnia Vessels & Tc Vessels was the largest at $1.05B (50.1%), ahead of External Vessels In Disponent-Owner Pools at $705.46M (33.7%) and Revenue From Time Charter at $169.15M (8.1%). The other two revenue lines brought in $169.15M combined.
Compared with fiscal 2024, Non Lease Component grew fastest, up 37.1% to $55.30M, while External Vessels In Disponent-Owner Pools fell the most, down 48.6% to $705.46M.
Hafnia began breaking out External Vessels In Disponent-Owner Pools in fiscal 2024, Revenue From Time Charter in fiscal 2024 and Non Lease Component in fiscal 2024. Hafnia stopped reporting Non-Lease Component as a separate revenue line after fiscal 2022, when it brought in $25.50M.
Mr was Hafnia’s largest segment in fiscal 2025, bringing in $1.26B of $2.19B (58%).
| Segments [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Mr | $964.51M | $1.18B | $1.35B | $1.26B |
| Lr1 | $649.84M | $824.82M | $541.55M | $399.07M |
| Handy | $7.19M | $493.46M | $464.80M | $261.24M |
| Lr2 | $259.98M | $166.39M | $392.65M | $269.95M |
| Chemical Stainless | $29.61M | -$226.00K | — | — |
| Specialised | — | $2.37M | — | — |
| Total | $1.91B | $2.67B | $2.75B | $2.19B |
Hafnia brought in $2.19B from its four segments in fiscal 2025, the year ended December 31, 2025. That was down 20.3% from $2.75B in fiscal 2024. Mr was the largest at $1.26B (57.6%), ahead of Lr1 at $399.07M (18.2%) and Lr2 at $269.95M (12.3%). The remaining segment, Handy, brought in $261.24M.
Compared with fiscal 2024, every segment above 2% of revenue shrank. Mr held up best, down 6.6% to $1.26B, and Handy fell the most, down 43.8% to $261.24M.
Hafnia stopped reporting Specialised as a separate segment after fiscal 2023, when it brought in $2.37M.
Hafnia (HAFN) reports its revenue by products and services [axis] and by segments [axis]. In fiscal 2025, Hafnia Vessels & Tc Vessels was its largest revenue line, bringing in $1.05B (50.1% of the total), followed by External Vessels In Disponent-Owner Pools at $705.46M (33.7%).
Hafnia Vessels & Tc Vessels was Hafnia's largest revenue line in fiscal 2025, bringing in $1.05B, or 50.1% of the $2.09B total across its five revenue lines.
Mr was Hafnia's largest segment in fiscal 2025, bringing in $1.26B, or 57.6% of the $2.19B total across its four segments.
Among Hafnia's revenue lines that make up at least 2% of revenue, Non Lease Component grew fastest in fiscal 2025, up 37.1% from $40.33M to $55.30M.
Every figure comes from Hafnia's annual financial filings, as reported. Each line keeps the name Hafnia gives it, and years follow its fiscal calendar.
Hafnia's revenue by products and services [axis] goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.