Odfjell Acquires Tank Terminal in Rotterdam

Friday, October 26, 2007
On October 22, 2007 AVR Van Gansewinkel - Bedrijven, Pernis (Holding) and Odfjell Terminals (Rotterdam) B.V. (OTR), signed a contract for the sale of AVR - Maritiem, Botlek-Rt. to Odfjell. The ownership of AVR - Maritiem will be transferred to Odfjell per January 1, 2008. The new name of the company will be Odfjell Terminals Maritiem B.V. (OTM) as from same date. The parties have agreed that the sales price will be kept confidential.

Located next to OTR, one of the largest tankstorage facilities in Europe, OTM will continue to operate as a separate Business Unit within the Odfjell Group and also continue operating the Harbour Receiving Unit (HOI). The close proximity will give OTR the possibility to use and operate the extra berths. Furthermore, the OTM area can be used in future expansions of OTR.

The main customer of AVR - Maritiem is Odfjell-Seachem, one of the world's leading deep-sea parcel tanker operators.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

NORDEN CEO: Bulk Market Challenges to Continue

Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions

Turkey Maritime Sector Alive & Kicking

Located on the periphery of two great continents, Turkey has benefitted from being in a favored position right at the center of an assertive and fast growing economic area.

Advanced Drillships a Burden for Owners as Business Slows

Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators.

Maritime Security

Mediterranean Rescue Operations Strain Shipping

The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only

Port of Aden Under Threat with Enemy at the Gates

As Saudi Arabia and its Arab allies stage air strikes against Shi'ite Muslim militiamen threatening to topple Yemeni President Abd-Rabbu Mansour Hadi, the southern

Maritime Training Academy Announces Diploma in Maritime Security

The Maritime Training Academy announced the launch of its new diploma in maritime security today.   The Surrey, UK-based distance learning center said the

 
 
Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1586 sec (6 req/sec)