Weaker chemical tanker earnings strain Odfjell's results

Lower volumes transported by chemical tanker ships hurt Odfjell's earnings, says CEO Kristian Mørch. He projects improvements in the fourth quarter, as customers, among other factors, seem prepared to pay more in relation to the IMO's sulfur regulations.

Topchef Kristian Mørch tror på et bedre fjerde kvartal. | Photo: PR/Odfjell

Weaker earnings in the third quarter strained the Odfjell Group's results, shows the interim report from the Bergen-based shipping group.

"Third quarter was impacted by the usual seasonal slowdown in volumes while rates remained stable," says Odfjell SE Chief Executive Kristian Mørch in a comment on the results.

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