6.12 m. Normal Ballast Waterline to Manifold. Revenue grew to $248m, versus $233m last year, with Ebitda up at $72m from $51m.. The contract, with an undisclosed value . The ships will be included in a pool of 15 chemical tankers in Odfjell's existing fleet of chemical tankers of similar size. Odfjell Tankers Chartering offers safe and efficient ocean transportation in all major trade lanes of bulk liquid chemicals, acids, animal fats, edible oils, potable alcohols and clean petroleum products. The company said it also ren Our extensive services and operations effectively meetour customers needs, 24/7. MT Lind was Odfjells most significant ship in this period. Of the big operators, Odfjell has 10 stainless steel tankers on order averaging 45,000 dwt in addition to the 40 vessels of above 19,000 dwt in its current fleet (see above). Odfjell also has a substantial presence in the regional trades in South Americas. Fleet composition, scheduling and vessel trading optimisation are all critical success factors, as is our organisation's pro-activeness and ability to offer safe, predictable . Fredrik and Abraham Odfjell died in 1950 and 1960 respectively. Through more than 100 years of operation, we have proven our ability to deliver and succeed in the ever-changing, highly competitive markets. Maritime Directory. The Company partnered with Westfal-Larsen, a new tank terminal in Houston, Texas was established, and the Company invested in new orders and acquisitions of second-hand tonnage, to fund these investments, Skibsaksjeselskapet Storli went public, and in 1986 the Storli share was listed on the Oslo Stock Exchange. The Odfjell fleet comprises of approx. Manager Fleet Performance and Bunkering @ Odfjell Tankers. China's Sinochem has picked up the pace of a quiet fleet build-up and is emerging as a bigger player in the chemical-tanker trades . Odfjell Drilling prides itself on its past heritage, present fleet and future potential in the field of mobile offshore drilling units (MODUs). 9.8 m. Rail to Manifold. The deep-sea fleet, currently comprising 53 vessels, operated by Odfjell Tankers and headquartered in Bergen, isrepresented worldwide through overseas offices in 12 countries. Odfjell has been promoting high safety, quality and enhanced efficiency standards since the inception of the industry. Esben Poulsson Chairman - International Chamber of Shipping Executive Chairman - ENESEL PTE. With more than 100 years of experience, we commit to generate value for our customers by offering safe and reliable transportation of their products, at a competitive cost. Financial Risk Management and Sensitivities, Fleet and Terminal Overview as per 15 March 2016, Chemical tanker with at least 50% stainless steel capacity, IMO II capacity, fully or at least centre tanks, Average tank size not more than 3,000 cbm and minimum six tanks, Commecially controlled by core chemical operator. Opening time : 9am to 6pm (Sun-Thu) Welcome to Decisive Shipping Services LLC. The new 35,155 dwt stainless steel tanker, named Bow Precision has 28 tanks and adds "eco-friendly tonnage to our fleet," the company said. Highlights: Time charter earnings in Odfjell Tankers increased to USD 171 million, up from USD 160 million 2Q22 . Odfjells chemical tankers are continuously moving to connect producers and customersin all corners of the world. In addition, we have added capacity and flexibility by taking a number of vessels on medium to long-term time-charter. The companycurrently operates four chemical tankers and one 51,000 dwt product tanker. Odfjell SE is the ultimate parent company of the Odfjell Group, and is a public limited company traded on the Oslo Stock Exchange. Filters Type. [3][4][5][6][7], Learn how and when to remove this template message, Odfjell Drilling and Consulting Company (ODCC), "Investigation into the Explosion and Sinking of the Chemical Tanker Bow Mariner", "Toxic Leader Toxic Culture: The Death of the Bow Mariner Part 1", "Toxic Leader Toxic Culture: The Death of the Bow Mariner Part 2", "Tanker carrying ethanol explodes, then sinks off Virginia", "Bow Mariner Investigation Faults Captain", https://en.wikipedia.org/w/index.php?title=Odfjell&oldid=1089746591, istein Jensen (Chief Sustainability Officer), This page was last edited on 25 May 2022, at 12:23. Voyages from continent to continent aroundthe clock, throughout the year. Odfjell SE provides an in-house management, Odfjell Ship Management (SM). Highlights - 3Q22. This circuit has a track of more than 750 meters where you can beat your teammates. Odfjell said this means it now has a total of eight 25,000 dwt stainless steel tankers under construction that will enter its fleet between now and 2025. Highly qualified officers and crew are vital for the safe operation of chemical tankers, and Odfjell is dependent on the extensive experience of our 1,778 international mariners. Later the same year, Odfjell acquired the Botlek Tank Terminal in Rotterdam, Netherlands, and renamed it to Odfjell Terminals (Rotterdam). Our fleet. In 1979, the Odfjell family decided to split the Company in two, based on differences in outlook on future activities. Port congestion and excessive waiting time remain a concern for the chemical tanker industry, and port time still makes up a disproportionate part of many voyages. The Company owns and provides chemical tankers, vessels, and ships to transport and store bulk liquid chemicals, acids, edible oils, and other . Odfjells UK office has commercial and operational responsibility for three 40,000 dwt vessels. Odfjell retains a fleet of about 80 oceangoing chemical tankers of up to 75,000 dwt, cable of carrying bulk liquid chemicals, acids, edible oils, potable alcohols and clean petroleum. As it was almost impossible to convert other types of ships into chemical tankers due to new strict regulatory regimes, the chemical tanker market was largely spared of surplus tonnage. Odfjell also entered new markets: Tank terminals and offshore drilling rigs. Excluding insurance proceeds and variations in FX- rates, results in 3Q22 were stable from last quarter. The vessel was built for Odfjell by the Norwegian Stord Verft and was the worlds first purpose-built stainless steel tanker. DWT CBM . Maritime Directory. Contact our brokers Ship operations Ourvesselscall onall major ports in Europe, the US, Asia, Africa, the Middle East and South America, and we arrange for transshipment of products to physically restricted ports and berths. Odfjell y Vapores New York-listed offshore driller Valaris a new contract with an unnamed operator in the North Sea for its 2019-built heavy-duty harsh environment jackup . Odfjell SM offers a fully integrated service, with fleet management, crewing, procurement- and logistics, technology support, newbuilding and QHSSE (Quality, Health, Safety, Security and Environment). These terminals are partly owned by related parties. Welcome to Odfjell, Bow Orion and Bow Olympus! Odfjell believes a large share of the fleet is becoming less competitive and efficient and will not be in compliance with future regulations. e****d@hotmail.com Bergen Area, Norway. Our fleet consists of a variety of ship types in terms of size, tank configuration and coating, providing the flexibility required by our customers. Headquartered in Brazil, Flumar is a fully integrated shipping company with functions for Chartering, Operations and Ship Management, servicing the Brazilian coast and Mercosul. 4.5 m. Bow to Center of Manifold (BCM) 95.77 m. At present, Odfjell operates a fleet of 77 ships comprising of 75 chemical tankers and two gas carriers. Our job is to transport and store these chemicals, and to make sure that our customers all over the world get them delivered safely, efficiently, on time. Odfjell offers the full range of services, from chartering to ship management. At the time of the merger, Odfjell was the worlds second largest operator of chemical tankers, Seachem the fourth. Our 14 state-of-the-art 37,500 dwt Kvaerner-built stainless steel chemical tankers and eight fully stainless steel 40,000 dwt chemical tankers built in Poland form the backbone of our fleet, and are among the most advanced and flexible ships in the market. Today, the Odfjell fleet comprises approx. Accordingly, Odfjell will issue new shares in exchange for nine chemical tankers aggregating 335,000 dwt built 1986 - 1988 plus four newbuildings aggregating 160,000 dwt for delivery 2001 - 2002. With a presence on all continents, our brokers are hands-on 24/7. It mainly trades intra Asian trades, and in addition regular shipments from Asia to Australia and New Zealand. The $30m quarterly bottom line. Net result contribution from Odfjell Terminals of USD 8 million . Odfjell SE will release its third quarter 2022 results on Wednesday, November 2, 2022, at 20:00 CET. During the 1990s, the Company continued to expand. . Odfjell Tankers AS, a subsidiary of Odfjell SE, controls and operates a fleet of more than 80 ships, including owned, time- and bareboat chartered vessels, and newbuildings on order. When you go-karting in the Principality of Asturias, you will find two outdoor racing tracks. Acquisition of the 16,000-dwt Japanese-built ship, which has a special survey due, brings the Taihua fleet up to 13 vessels, all oil or chemical tankers. In 1969, Odfjell opened their first tank terminal, the TAGSA terminal in Buenos Aires, Argentina. Mar 27 2013 "Tankers are still our core business", said Odfjell Tankers' senior vice president Morten Nystad during a company presentation held in Bergen recently. Maritime Directory. Webcast3Q22 Presentation3Q22 ReportPress release, Most of the products we use in our everyday life are made by using chemicals from the clothes we wear to the water bottle we drink from, As a global, long-term operator, we operate a portfolio of ships and contracts, and always seek the best returns for our principals and customers, by optimizing spot/contract ratio, employing the right ship in the right trade, and ensuring that we at any time have an ideal presence relative to the main chemical trade lanes. tanks 40 Odfjell's decision to select Marlink was driven by the company's digitalisation strategy, which involved moving IT services to the cloud, with the philosophy that all ships should have similar . Summer Waterline to Manifold. In 2012, Odfjell re-entered the gas carrier business through an acquisition of two second-hand 9,000 cbm LPG/Ethylene carriers. This is another step in consolidating the chemical. Our report for the third quarter of 2022 are released, showing another quarter of strong results. Following the 1973 OPEC oil embargo, the economic situation in the shipping industry worsened dramatically. At the same time, top line improvement initiatives will be developed. Established in 1914, Odfjell pioneered the development of the chemical tanker trade in the 1950s and the tank storage business in the late 1960s. At the end of 2015 our chemical tanker fleet consisted of 74 vessels, this including owned, time-chartered and vessels on bareboat charter. The use of chemicals is integrated in virtually everyoneslife, and the products our ships carry are vital building blocks for a multitude of everyday products from fertilizers, paint and medicines to water bottles, toys and edible oils. This is the first of its kind Odfjell do not compromise on safety which aims to achieve a 40% reduction in Scope 1 fleet emissions by 2030 and net-zero Scope 1 by 2050, said the three newbuilds will be equipped with dual fuel engines that are designed to . LTD . Odfjell names the world's largest and most efficient stainless steel chemical tankers Odfjell SE | 37,520 followers on LinkedIn. For the annual report presentation in 2017, the Company showed positive results and a significant improvement in the financial performance and competitiveness, despite a challenging global market situation.[2]. Three of the four ships in the Nortraship fleet came through the war unscathed. Availability: . STAINLESS. 70 ships, which trade both globally and . [1], In 2015-16, Odfjell went through a two-year transition phase, focusing on building strength and preparing the Company for growth. Odfjell Asia Worldwide, 24/7. Odfjell Drilling Ltd. Bergen House Crawpeel Road, Altens Aberdeen AB12 3LG Scotland, UK VAT no: 412709124. . Odfjell Ship Management employs personnel at offices in Norway, Singapore, the Philippines and Brasil, who provide direct support to ships operating in regional trades and ships in the deep-sea fleet, as well as professional crew management located in Norway, the . The pool will be commercially managed by Odfjell Tankers. Odfjell Tankers carries several hundred different products every year; organic chemicals such as alcohols, acrylates and aromatics, inorganic chemicals such as sulphuric acid, phosphoric acid and caustic soda, vegetable oils and animal fats as well as clean petroleum products and lubricating oils. MENY. Furthermore, the extensive network of tank terminals in Brazil and Argentina, partially owned by related parties, adds value and benefits to our customers logistics requirements. Owners are only partly compensated for such inefficiency through the collection of demurrage. Flexibility and interchange ability of ships between geographical areas and trade lanes are integral parts of our business model. Norway's Odfjell has wasted no time in bringing more ships into its new chemical tanker pool. Odfjell SE is a company specialising in worldwide seaborne transportation and storage of chemicals and other speciality bulk liquids. Find out what works well at Odfjell Tankers from the people who know best. The group has newbuilding orders of four chemical tankers and four LPG/ethylene carriers. It was later determined that the explosion was caused by the crew being ordered to work in an extremely unsafe manner, without using the inert gas system, when cleaning tanks containing an explosive air/fume mixture. Norway (3) Port . Through regional operations, Odfjell Tankers provides timely and safe transshipment and distribution services to and from ports with restricted draft or dock facilities. Net result contribution from Odfjell Terminals of USD 8 million compared to USD 2 million 2Q22. Barbarossa I - to its fleet."After the debut of the state-of-the-art 170-meter Leonardo da Vinci [vessel] in August 2021, Prysmian Group's fleet would seem to be complete. The company employs around 2,300 people and posted annual gross revenue of USD 1083 million in 2021. The Odfjell fleet comprises more than 80 ships in total. Consolidation of loading and discharging operations of our deep-sea ships is yet another important task performed by our regional operations. . The tank terminal division consists of four tank terminals, strategically located at selected shipping . A combination of deep-sea vessels, time chartered tonnage, pooled tonnage and other owned tonnage allows us to optimize fleet size and meet the changing market demands. Norwegian shipping company Odfjell SE expanded its fleet with a new chemical tanker which joined the company on October 17. This new-built chemical tanker entered our fleet this week, and there is no time to rest; Captain Kaushik and his crew set sail on the maiden voyage in full swing, bringing welcomed new tonnage to a bustling market. Following the explosion of the m/s Bow Mariner, Odfjell ordered survivors to not speak with the investigators. | The Odfjell Group is one of the world's leading service providers within the chemical tanker and terminals industry. About us The Odfjell fleet Odfjell Terminals Career opportunities. Our fully owned Brazilian subsidiary Flumar allows us to have a significant presence along the Brazilian coast and the Mercosul area. The Marlink smart hybrid connectivity approach gives us better access to and response from the fleet's ERP systems. Chemical tankers 2.49 million dwt 14 million tonnes shipped, 600 different types of chemicals Odfjell Tankers & Ship Management 2019 was another year of continued fleet renewal as we worked towards our goal of operating the world's most energy-efficient and competitive fleet of chemical tankers. One dead, two missing after tanker collides with fishing boat in Galveston, Texas. Time charter earnings in Odfjell Tankers increased to USD 171 mill, up from USD 160 mill 2Q22.
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