Odfjell SE
Odfjell SE News
Odfjell Reports Strong Fourth Quarter Results
Odfjell SE has reported preliminary full-year and fourth-quarter 2025 results, delivering what the company calls a resilient financial result that demonstrates a robust business model.“The fourth quarter concluded a year dominated by significant uncertainty and more challenging market conditions. The 2025 result is a testament to the strength of our business model, the breath of our contract portfolio, and the relentless focus on safety and efficiency across the organization.
Odfjell Announces “Resilient” Financial Result
Odfjell SE has reported its results for the first quarter of 2025, showing a resilient financial result despite the increased market uncertainty due to the initial U.S. trade tariffs announcement.The Odfjell Group is one of the leading players in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids.Time charter earnings ended at $168 million, compared to $183 million in 4Q24.
Odfjell SE Names New CEO
Norwegian shipping firm Odfjell SE has appointed Harald Fotland as its new Chief Executive Officer (CEO). Fotland comes from the position as Odfjell's Chief Operating Officer, and will assume the CEO position on May 6, 2022."We are pleased to have an internal candidate take over the helm at Odfjell. The appointment was made after a process including external and internal candidates. Harald has excelled at leading innovative and transformative projects during his time at the Company.
Odfjell Sells Its Last Short-sea Vessels
Norwegian shipowner Odfjell SE said it has sold off the last of its short-sea chemical tankers as it sharpens its focus on larger ships in the deep sea segment.The…
Odfjell’s WindGrid Floating Wind System Passes Milestone, Aims to Help O&G cut Emissions
DNV completed a concept verification review of Odfjell Oceanwind’s WindGrid (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNV’s review confirms the technical feasibility of the WindGrid system, and that expected reductions in CO2-emissions for North Sea applications are in the range of 60-70%, compared to generation of electricity from conventional gas turbines.Odfjell’s WindGrid is a solution…
Odfjell Sells Stake in Dalian Termnial
Odfjell announced Monday that Odfjell Terminals (China) Pte. Ltd. (OTC) has today completed a sale of its 50% shareholding of Odfjell Terminals (Dalian) Co Ltd.
Odfjell Adds Bow Odyssey to its Fleet
Odfjell SE, a company specializing in worldwide seaborne transportation and storage of chemicals and other speciality bulk liquids, said that it took the delivery…
Odfjell Adds Navig8 Chemical Tankers
Navig8 Chemical Tankers, an international shipping company focused on the transportation of chemicals, has agreed to enter four of its 25,000-dwt chemical tankers…
