Odfjell predicts improvement in 2015

Reduced costs in chemical tankers and improved use of Odfjell's tanker terminals are expected to lift the company's results in 2015, says the company's board of directors in the interim report, published Thursday.

Photo: Odfjell

Norway-based chemical-shipowner and terminal owner Odfjell had an operating profit (EBITDA) of USD 25 million in the fourth quarter 2014 while the bottom line showed a deficit of USD 18 million.

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