Odfjell SE, Crystal Pool Form Joint Venture

Wednesday, August 17, 2011

Odfjell announced the formation of Odfjell Euroceanica As, a 50/50 Joint Venture between Odfjell SE and Euroceanica Ltd. The J/V will trade all vessels currently operated by Crystal Pool and Odfjell Europe in the European short sea market.
The J/V will commercially manage and operate a fleet of 14 stainless steel vessels under the name of Crystal Pool:


Vessel/Built/DWT/CBM/Coated/ICE class

Euro Mora 1998    3.670 mt      3.782    STST 1C
Euro Corallo 1999    4.470 mt      4.452   STST   1C
Bow Bracaria 1997 5.870 mt      5.941   STST    1A
Bow Balearia 1998 5.870 mt      5.941   STST    1A
Bow Brasilia 1997 5.870 mt      5.941   STST    1A
Bow Pilot 1999 6.008 mt      6.865   STST    1C
Crystal Ambra   1998    8.053 mt      8.399   STST    1A
CrystalAmethyst 1994    8.143 mt      9.346   STST   1A
Crystal Emerald 1994    8.143 mt 9.346   STST    1A
Crystal Pearl 1994    8.143 mt      9.346   STST   1A
Crystal Skye    1998    9.554 mt    10.689  STST   1A
CrystalAmaranto 1999    9.931 mt    10.893  STST   1A
Crystal Topaz  2006   11.340 mt   11.879  STST    1A
Crystal Diamond 2006   11.340 mt    11.879  STST   1A
 
The new Crystal Pool set-up will open up for possibilities to offer combined services from Baltic to and from the Mediterranean, and give extensive world-wide coverage via the global presence and services of Odfjell Tankers.
Existing contracts and commitments with all respective customers will remain unchanged. The new J/V looks forward to starting renewal dialogues of existing contracts as well as discussing new contracts and commitments for 2012 and beyond.
The J/V will be fully operative as from 01 September 2011, working out of two locations, Helsinki, Finland and Bergen, Norway.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.1516 sec (7 req/sec)