Odfjell: We will actively participate in consolidation

After CEO Kristian Mørch has completed his first large-scale cost reduction initiative at Odfjell, he sets the stage for growth and a new fleet expansion – as well as a broader consolidation in which the carrier will play a proactive part, he tells ShippingWatch.

by TOMAS KRISTIANSEN

Following several years marred by large deficits, major Norwegian chemical tanker carrier Odfjell can now once more look ahead with confidence that the future holds growth and a fleet expansion.

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Odfjell delivers USD 60 million operating profit
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Odfjell orders record-large chemical tankers
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Odfjell books USD 61 million operating profit
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Odfjell: We will actively participate in consolidation

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Odfjell delivers USD 60 million operating profit

Odfjell orders record-large chemical tankers

Odfjell books USD 61 million operating profit

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Dubai challenges Singapore as shipping's favorite city

John Fredriksen has increased his wealth by NOK 81bn this year

Cosco to build production chain for green methanol

Carsten Mortensen wants to build green reefer ship for banana export

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