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Odfjell Brings More Ships Under Norwegian Flag

Maritime Activity Reports, Inc.

May 7, 2010

Odfjell brought M/T Bow Brasilia (5,870 DWT/built 1997) and a newbuilding from Korea into the Norwegian International Ship Register (NIS). The M/T Bow Brasilia and the 51,000 DWT newbuilding are two out of five vessels that Odfjell has planned to bring into NIS registration in 2010.
 
Odfjell took delivery of the newbuilding on 28 April from SLS Shipbuilding Co Ltd, Korea. The change of flag on Bow Brasilia is due to relocation of chartering, operation and ship management from Germany to Bergen.
 
Odfjell has 25 vessels registered in NIS, and is the largest employer of Norwegian mariners under NIS flag.

“If we see the shipping industry getting more stable conditions in the future, we will consider increasing our number of vessels in NIS,” said Jan A. Hammer, President/CEO Odfjell SE.

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