Fearnleys: Chemical tank faces two year rate increase

Odfjell's order for four LPG/ethylene gas carriers of 17,000 kbm each confirms the optimism that has reached the market, says Fearnleys, predicting increasing rates during the next two years.

Photo: Odfjell

Odfjell's decision to place an order for four LPG/ethylene ships of 17,000 kbm each constitutes an agressive move, says Fearnleys the day after the Norwegian shipping company announced the agreement with Nantong, which will build the ships that are expected for delivery in October 2015 and May 2016.

Do you want to stay up to date on the latest developments in Danish and International shipping? Subscribe to our newsletter – first 40 days are free

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