ShippingWatch

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

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.

In fact, the past year was the best once since 2008, Kristian V. Mørch, CEO of Odfjell, tells ShippingWatch.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Nuclear startup hires profile from Maersk Drilling

Nuclear developer Seaborg recruits Maersk Drilling's strategy and business finance chief, Dominic Charnock, who served at Maersk since 2017, most recently as vice president. The new employer has the potential to help mitigate climate change and provide "energy fairness", says the newly appointed CFO.

Further reading

Related articles

Latest news

See all jobs