Tanker

Odfjell postpones difficult climate decision with simple maneuver

Odfjell long-term leases six newly built tankers that will run on traditional fuel. ”It is completely unclear what the fuel of the future will be,” says the CEO.
"The development of new engines that can run on alternative fuels is still a long way from being in proper supply," says Harald Fotland, CEO of Odfjell. | Photo: Gunnar Eide / Odfjell
"The development of new engines that can run on alternative fuels is still a long way from being in proper supply," says Harald Fotland, CEO of Odfjell. | Photo: Gunnar Eide / Odfjell
by IDHA TOFT VALEUR

Odfjell postpones the challenge of choosing which of the fuels of the future to bet on by leasing six fossil fuel vessels, which the Norwegian chemical tanker company has the option of returning in about a decade.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs