​			2025 US$’000				2024 US$’000				2023 US$’000
Hafnia Vessels and TC Vessels
Revenue from time charter			169,145				132,505				134,436
Revenue from voyage charter			1,252,686				1,803,091				1,781,036
​			1,421,831				1,935,596				1,915,472
External Vessels in Disponent-Owner Pools
Revenue from voyage charter			860,078				933,051				756,234
			2,281,909				2,868,647				2,671,706

Payments for trade receivables are generally due immediately on discharge upon issuance of the invoice. Information about trade receivables from contracts with customers and contract assets is presented in Note 12.

The following table summarises the lease and non-lease components of revenue from time charters during the financial years ended 31 December 2025, 2024 and 2023. The Group’s contracts under time charter arrangements do not separate the time charter rate into lease and non-lease components. The Group has estimated these amounts by reference to the fair market value of vessel operating expenses for the non-lease component.

​		2025 US$’000				2024 US$’000				2023 US$’000
Lease component of revenue from time charter			113,842				92,180				94,078
Non-lease component of revenue from time charter			55,303				40,325				40,358
Total revenue from time charter			169,145				132,505				134,436