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."

Photo: Odfjell

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.

The closure means results in the sale of three tankers, Bow Balearia, Bow Bracaria and Bow Brasilia.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Nina Østergaard Borris takes over as USTC's CEO

Danish billionaire Torben Østergaard-Nielsen passes the position as CEO of USTC to his daughter Nina Østergaard Borris. ”A joint decision by the ownership,” Østergaard-Nielsen tells newspaper.

Further reading

Related articles

Latest news

See all jobs