Odfjell

/Tag:Odfjell

Odfjell Builds New Tank Bay at Odfjell Terminal Houston

Odfjell is constructing a new tank bay at Odfjell Terminal Houston (OTH), continuing to expand and invest in its terminals platform to support ongoing regional growth in the chemical industry. The company is investing in and expanding its terminals platform with the addition of a new, modern, automated tank bay. Bay 13 at Odfjell Terminals [...]

January 14th, 2022|Fuel Storage, Tank storage, Tank Terminal, US Terminals|

Odfjell to Sell Rotterdam Terminals

Odfjell Terminals has announced its intention to sell its 100 percent ownership of Odfjell Terminals Rotterdam (OTR) and Odfjell Terminals Maritiem to Koole Terminals of the Netherlands for $155 million. The intended transaction would reduce Odfjell Terminals' net debt by around $35 million. Odfjell SE's share of the proceeds is expected to amount to around [...]

August 16th, 2018|Tank Terminal|

Odfjell Sees Significant Earnings Upside for its Chemical Tankers

Chemical tanker firm Odfjell sees significant upside potential to its earnings ahead as low-yielding contracts expire, new vessels are brought in and market rates for transporting chemicals recovers, it said on Tuesday. In total, 18 of Odfjell’s ships come off time-charter (TC) contracts this year, out of a fleet of 83 vessels. “We still have [...]

June 12th, 2018|Tank Terminal|

Odfjell Terminals Rotterdam Expands Jetty Capacity

Odfjell extends and strengthens its existing jetty to accommodate vessels of the LR2 (Long Range) size with a maximum of 160,000 dwt. The expansion is done in close collaboration with the Port of Rotterdam. This functionality will underpin OTR’s mineral oil business and PID utilization ambitions as ship sizes continue to increase. As a result, [...]

March 10th, 2018|Tank Terminal|
error: