Only once prior to today has Norwegian chemical tanker company Odfjell delivered a better result, and according to CEO Harald Fotland, the upswing is long lasting.
In an interview with ShippingWatch in May this year, he said he was positive about 2022 and 2023. Today, however, the chief executive ups his prediction and says the upturn will also include 2024.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.