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Hafnia Limited is a shipping company specializing in the transportation of oil and oil products, operating within the maritime industry. It owns and operates a fleet of tankers, providing transportation services for crude oil, refined petroleum products, and other bulk liquid cargoes. Headquartered in Singapore, Hafnia’s fleet operates globally, allowing it to service key trade routes across international waters. The company strategically positions itself by focusing on fleet optimization and efficient voyage operations to ensure cost-effective and reliable services. Founded through a merger of several established tanker companies, Hafnia benefits from a consolidated and diversified fleet, enhancing its resilience and market reach.

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2025, reserves stood at 8.1 billion barrels of oil equivalent, 44% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with a capacity of 1.4 mmb/d located in the Americas, Asia, and Europe, and sells about 9 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in NorthWestern Europe, China, and North America.