Odfjell is optimistic about chemical tanker in 2021 on the heels of the best result in 12 years

In 2020, Odfjell likely surpassed one billion dollars in revenue and doubled its operating result to USD 125-130 million. "We have an optimistic view of the chemical tanker market in 2021, but we're not naive," CEO Kristian V. Mørch tells ShippingWatch.
Kristian V. Mørch, CEO i Odfjell | Photo: Morten Wanvik / Odfjell
Kristian V. Mørch, CEO i Odfjell | Photo: Morten Wanvik / Odfjell

Norway's Odfjell, which is in direct competition with Stolt-Nielsen and Japan's MOL to secure dominance in the chemical tanker market for the so-called deepsea contracts, had a fantastic 2020.

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