Odfjell exits European shortsea market

Norwegian chemical tanker carrier Odfjell is pulling out of the European shortsea market as part of the company's efforts to withdraw from "unprofitable trades."

BY LOUISE VOGDRUP-SCHMIDT

The owner of the world's fourth-largest chemical tanker fleet, Odfjell, has decided to shut down its shortsea routes in Europe, says the carrier in a statement on its website.

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Odfjell exits European shortsea market

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Kristian Mørch will join Odfjell on August 1st

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs