Sign in

    Omar Nokteb

    Senior Equity Analyst at Jefferies

    Omar Nokta is a Senior Equity Analyst at Jefferies specializing in shipping, marine transportation, and logistics companies within the Services, Industrials, Energy, and Consumer Cyclical sectors. He covers major names such as ZIM Integrated Shipping Services, Frontline, Genco Shipping & Trading, Golden Ocean Group, and Star Bulk Carriers, and has achieved a robust track record with a 67% success rate and an average return of 13.60% per rating across over 300 stock recommendations, notably including a +293.5% return on ZIM. Nokta has been at Jefferies since at least 2009, with a documented analyst history spanning more than 15 years. He holds professional credentials including FINRA registration and applicable securities licenses, and is ranked within the top 7% of Wall Street analysts by TipRanks.

    Omar Nokteb's questions to Hafnia (HAFN) leadership

    Omar Nokteb's questions to Hafnia (HAFN) leadership • Q2 2025

    Question

    Omar Nokteb of Jefferies asked about the recent outperformance of MR and Handy-size vessels compared to LRs in the spot market, and inquired if Hafnia engages in 'reverse cannibalization' by moving clean tankers into the dirty trade.

    Answer

    Soren Steenberg (Head of Asset Management) clarified that the trend is more about MRs catching up to the consistently high earnings of LR1s and LR2s, rather than LRs stagnating. He confirmed that Hafnia does consider switching LR2s to the Aframax dirty trade and LR1s to Panamax trade when opportunities arise, but does so cautiously to avoid disrupting the smaller, confined dirty markets.

    Ask Fintool Equity Research AI