In 1979, the Odfjell family decided to split the Company in two, based on differences in outlook on future activities. Odfjell also entered new markets: Tank terminals and offshore drilling rigs. Odfjell said its net profit in the third quarter was $3.9m, up from a loss of $1.1m in the same period of 2019. Filters Type. The new-built 36,000 dwt chemical tanker joins sister ship Bow Prosper in our round-the-world trade, adding further flexibility and leading services to our customers. The latter ships gradually became more sophisticated and specialised, capable of carrying sulphuric acid. Odfjell has a wide range of customers, from the oil majors and largest chemical manufacturers to smaller logistical companies and traders. Odfjell continues to upgrade fleet. Bow Prosper has 28 stainless steel cargo tanks with thermal oil heating capacity. Norway's Odfjell Tankers has sold its 2000-built chemical tanker Bow Andes to Hong Kong-based Taihua Ship Management for $5 million. The ships transport around 600 different kinds of liquids, including organic and inorganic bulk liquid chemicals, acids, animal fats, edible oils, portable alcohols and clean petroleum products. During the 1960s, the company made a strategic repositioning by expanding the chemical tanker business. The Odfjell fleet comprises of approx. . In 2012, Odfjell re-entered the gas carrier business through an acquisition of two second-hand 9,000 cbm LPG/Ethylene carriers. Celsius already operates two ethylene tankers under the partnership with Odfjell. at the end of 2015, odfjell managed or supervised a fleet of 45 chemical tankers. Odfjell has been promoting high safety, quality and enhanced efficiency standards since the inception of the industry. Odfjell Drilling Ltd. Bergen House Crawpeel Road, Altens Aberdeen AB12 3LG Scotland, UK VAT no: 412709124. The reduced EBITDA result was driven by a USD 3 mill reduction in TCE as a consequence of a slightly softer market throughout the quarter compared to 3Q20 and fewer on hire days. Filters . Companies; . About usThe Odfjell fleetOdfjell TerminalsCareer opportunities, Sustainability - Tankers, Investor - Press release, Odfjell wins the 2022 SAFETY4SEA Sustainability Award, Corvinus University of Budapest wins the NHH International Case Competition 2022, Ten Odfjell'ers embark on the One Ocean Expedition. Odfjell also has a substantial presence in the regional trades in South Americas. 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 first of the eight newbuildings. Contact our brokers Ship operations Norway (3) Port. Three of the four ships in the Nortraship fleet came through the war unscathed. MT Lind was Odfjells most significant ship in this period. In 1890, Captain Berent Daniel Olsen moved to Bergen to work in the shipping industry. Odfjell Management AS - Shipping Trainees odfjell.easycruit.com 35 Like Comment Compare pay for popular roles and read about the team's work-life balance. . The first joint ship owning company was registered in 1914 by Olsens sons, Fredrik, Abraham and Andreas Odfjell. 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. Odfjell offers the full range of services, from chartering to ship management. The $30m quarterly bottom line. 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 . By Michael Juliano and Andy Pierce in Stamford and London Odfjell's largest terminal in Houston a key hub for its chemical tanker fleet will soon be even bigger as the Oslo-listed company. The Company owns and provides chemical tankers, vessels, and ships to transport and store bulk liquid chemicals, acids, edible oils, and other . The deep-sea fleet, currently comprising 53 vessels, operated by Odfjell Tankers and headquartered in Bergen, isrepresented worldwide through overseas offices in 12 countries. 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. The fleet consists of five main categories: Supersegregators with multiple segregations, large stainless steel chemical tankers, medium stainless steel chemical tankers, coated tonnage and regional fleets in Asia and South America. STAINLESS. 50.2 mt. The pool will be commercially managed by Odfjell Tankers. Flumar Group Manager Fleet Performance and Procurement @ Odfjell Tankers. Owners are only partly compensated for such inefficiency through the collection of demurrage. The tank terminals are strategically located at selected international shipping hubs. Companies; . 70 ships, which trade both globally and regionally. Odfjell SE is the ultimate parent company of the Odfjell Group, and is a public limited company traded on the Oslo Stock Exchange. These terminals are partly owned by related parties. Maritime Directory. Revenue grew to $248m, versus $233m last year, with Ebitda up at $72m from $51m.. Norway's Odfjell has wasted no time in bringing more ships into its new chemical tanker pool. Today, the Odfjell fleet comprises approx. Net debt . 70 ships, which trade both globally and . FLEET LIST Tank lining Choose Year built Choose Hudong 40 Bow Excellence Year built 2020 Class Hudong 40 No. Consolidation of loading and discharging operations of our deep-sea ships is yet another important task performed by our regional operations. Maritime Directory. The Sinopacific order was originally for four 17,000m 3 and four 22,000m 3 ethylene carriers. At the same time, top line improvement initiatives will be developed. By reducing the number of port calls, and thus, the risk of delay, we are able to offer reliable and cost-efficient services to our customers. During the 1950s, Odfjell pursued two paths: the general cargo liner trade and operation of small tankers. Fredrik and Abraham Odfjell died in 1950 and 1960 respectively. 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. The majority of tonnage is owned and managed by Odfjell SE. Johan Odvar Odfjell and his son Abraham Odfjell took over the small tankers, later developed into Jo Tankers, and the offshore rig business through Odfjell Drilling and Consulting Company (ODCC). 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. The Company entered the Asian tanker market and became a player in the regional short-sea markets in Asia and the Americas. [1], In 2015-16, Odfjell went through a two-year transition phase, focusing on building strength and preparing the Company for growth. Pola de Siero also has its own outdoor karting circuit, Karting Pola. Going forward we will continue our strong focus on operational improvements and quality of service. Worldwide, 24/7. Our worldwide presence gives usa unique opportunity to handle and secure our customers cargo from beginning to end. Uncover why Odfjell Tankers is the best company for you. With offices at strategic locations around the world, Odfjell Tankers operates globally and regionally with tonnage ranging from 5,000 DWT to 75,000 DWT. Worldwide, 24/7. Delivery of our newbuildings The only ship lost had been requisitioned by France and was sailing under French name and flag with a French crew. Odfjell Tankers continues to expand its fleet, despite some disappointing trading conditions during the first quarter of 2021 This content is for FREE Membership, Premium Membership, and Digital Only Membership members only. Celsius axed two vessels on grounds of late delivery, and Odfjell has hinted it will not take delivery of any of the original eight vessels. Maritime Directory. Filters Type. The three ships in home waters were ordered to serve German occupants, whilst the four ships on the high seas were controlled by Nortraship, the Norwegian Shipping and Trade Mission, who was established in 1940 to administer the Norwegian merchant fleet outside of German-controlled areas. Sinochem swells chemical-tanker fleet with three ex-Odfjell . Many of these offices are multipurpose, with commercial, operational as well as agency duties. 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 . At present, Odfjell operates a fleet of 77 ships comprising of 75 chemical tankers and two gas carriers. Our Asian regional fleet is operated from our Singapore office. Odfjell's fleet of advanced stainless steel chemical tankers provides flexible shipping worldwide. Odfjell Drilling prides itself on its past heritage, present fleet and future potential in the field of mobile offshore drilling units (MODUs). Following the 1973 OPEC oil embargo, the economic situation in the shipping industry worsened dramatically. The ships transport around 600 different kinds of liquids, including organic and inorganic bulk liquid chemicals, acids, animal fats, edible oils, portable alcohols and clean petroleum products. 3Q22 highlights: Time charter earnings in Odfjell Tankers increased to USD 171 million, up from USD 160 million 2Q22. The chemical tanker market continued to improve in the third quarter despite what normally is a seasonally slower quarter. Flumar The 183- by 28-metre vessel was constructed by Fukuoka Shipbuilding of Nagasaki for shipowner Taihei Kaiun. 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). 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. During this period, the shift in focus from general cargo vessels to purpose-built smaller chemical tankers was completed. Our ships Fleet list Latest stories Tankers Odfjell takes delivery of newbuilt stainless steel chemical tanker Read more Tankers Going the extra mile at the docks Net result contribution from Odfjell Terminals of USD 8 million compared to USD 2 million 2Q22. Offices and Addresses; Annual Accounts; ANNUAL ACCOUNTS 2015; FLEET AND TERMINAL OVERVIEW as per 15 March 2016. The deep-sea fleet, currently comprising 53 vessels, operated by Odfjell Tankers and headquartered in Bergen, is represented worldwide through overseas offices in 12 countries. 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. January 16, 2020. [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. Odfjell Tankers EBITDA decreased to USD 59 mill in 4Q20 compared to an EBITDA of USD 64 mill in 3Q20. This circuit has a track of more than 750 meters where you can beat your teammates. At the end of 2015 our chemical tanker fleet consisted of 74 vessels, this including owned, time-chartered and vessels on bareboat charter. Tanker for Chemicals & Oil Products (3) Flag. Odfjell Tankers; Odfjell Ship Management; Odfjell Terminals; Odfjell Gas; Odfjell Management Group . 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. Tanker for Chemicals & Oil Products (3) Flag. The home fleet suffered terrible losses. 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. Time charter earnings in Odfjell Tankers increased to USD 171 mill, up from USD 160 mill 2Q22. CHEMICALS ARE AN INTEGRAL PART OF MODERN LIFE AND MOST INDUSTRIES DEPEND ON PRODUCTS DERIVED FROM CHEMICALS. Odfjell specializes in the shipping of chemicals and liquidand serves more than 600 customers on a regular basis, including all the major chemical producers. With a presence on all continents, our brokers are hands-on 24/7. Flumar, our fully owned Brazilian shipping subsidiary operating out of Sao Paulo, Brazil, offers transportation of bulk liquid chemicals along the Brazilian coast and within the Mercosul area. Availability: . The Oslo-listed company announced on Thursday that it was launching the Odfjell MR pool with six. 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 . With offices at strategic locations around the world, Odfjell Tankers operates globally and regionally with tonnage ranging from 5,000 DWT to 75,000 DWT. Odfjell Terminals has a cooperation agreement with another 11 terminals in South America, including Peru, Brazil, Argentina and Chile. Ranked number 1 among chemical tankers operators on fleet average EVDI rating since vs 2008 baseline Ranked number 2 among chemical and product tankers operators on owners with a share of fleet with EEDI improvement Fuel-cell project to be piloted on an Odfjell ship in 2021. Odfjell's fleet of advanced stainless steel chemical tankers provides flexible shipping worldwide. The 183- by 28-metre vessel was const .. Read More. 6.12 m. Normal Ballast Waterline to Manifold. Companies; . 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. 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. OPERATING THROUGH OFFICES AT KEY LOCATIONS AROUND THE WORLD, ODFJELL IS A MAJOR PLAYER IN THE CHEMICAL TANKER SEGMENT. Odfjell Terminals is also part of a network in South America, consisting of another 11 tank terminals partly owned by related parties. With a presence on all continents, our brokers are hands-on 24/7. Highlights: Time charter earnings in Odfjell Tankers increased to USD 171 million, up from USD 160 million 2Q22 . 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. When you go-karting in the Principality of Asturias, you will find two outdoor racing tracks. Following the explosion of the m/s Bow Mariner, Odfjell ordered survivors to not speak with the investigators. 9.8 m. Rail to Manifold. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. At the outbreak of World War II, Odfjell managed a fleet of seven ships. Bernt Daniel Odfjell and his son Dan Odfjell took over the deep-sea chemical tanker fleet, with Skibsaksjeselskapet Storli as their main corporate entity, and including the terminal business. By end of 2016, Ship Management managed all Odfjell owned and bare-boat chartered vessels, a total fleet of 45 chemical tankers. It mainly trades intra Asian trades, and in addition regular shipments from Asia to Australia and New Zealand. 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 . The tank terminal division consists of four tank terminals and is part of a network of another 10 tank terminals partly owned by related parties. In addition, we have added capacity and flexibility by taking a number of vessels on medium to long-term time-charter. Odfjell SE provides an in-house management, Odfjell Ship Management (SM). Our fleet consists of a variety of ship types in terms of size, tank configuration and coating, providing the flexibility required by our customers. Odfjell Ship Management provides an integrated solution that promotes safe, reliable and efficient operations, including crewing, Quality, Health, Safety, Security, Environment (QHSSE) management, technology support and digital innovation, newbuilding, energy efficiency solutions and overall fleet management. Fleet Performance Analyst @ Odfjell Tankers. At the end of 2015 our chemical tanker fleet consisted of 74 vessels, this including owned, time-chartered and vessels on bareboat charter. Headquartered in Brazil, Flumar is a fully integrated shipping company with functions for Chartering, Operations and Ship Management, servicing the Brazilian coast and Mercosul. The five vessels have a agreed price of USD 40 million a piece, equivalent to NOK 350 million, upon delivery from the yard, and will be delivered from June 2017 . MENY. SM provides direct support to ships operating in regional trades, and ships in the deep-sea fleet, as well as professional crew management. 90 ships, which trade both globally and regionally. Find out what works well at Odfjell Tankers from the people who know best. Our report for the third quarter of 2022 are released, showing another quarter of strong results. This is the first of its kind Odfjell do not compromise on safety The three interlinked rings are retained as the ships bow mark, signifying the original three Odfjell brothers. Odfjell Asia The newbuild 36,000DWT chemical tanker Bow Prosper has been delivered and has entered the Odfjell Tankers fleet on bareboat charter. Our Ship Operations teamcontinuously works to optimize Odfjells chemical tankeroperations includingstowage, cargo handling, fleet performance, bunkering, freight and demurrage, transshipments,tank cleaning and port calls. 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. Maritime Directory. Adding the 89 chemical tankers controlled by Odfjell to the 161 of Stolt-Nielsen would give a fleet of 6.3m dwt, representing about 13% of global capacity, Clarksons Platou calculates. odfjell chemical tankers as 1596 - 5050 (1-3 of 3) clear. In year 2000, Odfjell announced the merger between Odfjell Tankers and Seachem, and added 20 new ships to the fleet. 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. in Oslo Chemical tanker owner Odfjell has posted its best results in 15 years and its second-best ever, sending analysts scurrying to revise their estimates. The Board of Odfjell SE launched a cost cutting programme in January 2015 to significantly improve the financial performance of Odfjells Chemical Tanker business. Diana Shipping Inc.'s fleet now consists of 37 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 3 Ultramax Summer Waterline to Manifold. 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. 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 SM offers a fully integrated service, with fleet management, crewing, procurement- and logistics, technology support, newbuilding and QHSSE (Quality, Health, Safety, Security and Environment). Opening time : 9am to 6pm (Sun-Thu) Welcome to Decisive Shipping Services LLC. 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 . As their logo, the Odfjell brothers adopted three interlocked rings in red, blue and yellow, representing each of the three. Odfjell names the world's largest and most efficient stainless steel chemical tankers and the medicine we sometimes take. DWT CBM . 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. Odfjell has offices in 13 locations around the world, and is headquartered in Bergen, Norway. Odfjell SE | 37,520 followers on LinkedIn. The fleet totals 90 ships, trading both globally and regionally, of . Odfjell Chemical Tankers As- Norway- 348 - 7274- Tanker For Chemicals & Oil Products- 1990 - 1999 Ships:BOW BALEARIA, BOW BRACARIA, BOW BRASILIA. In 1963, Odfjell started its own chartering department, Minde Chartering, which was an important step towards making Odfjell a fully integrated shipping company. The company said it also ren About us The Odfjell fleet Odfjell Terminals Career opportunities. CHEMICAL TANKERS OWNED: SHIP . The tank terminal division consists of five tank terminals, located in Belgium, USA, South Korea and China. The division operates around 100 chemical tankers at any one time, ranging in size from 5,500 dwt to 50,000 dwt. The ships will be included in a pool of 15 chemical tankers in Odfjell's existing fleet of chemical tankers of similar size. 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 operates four tank terminals at strategic locations in China, Korea and USA, and is in addition non-operating partner in the Noord Natie terminal in Antwerp, Belgium. 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, . Odfjell is a leading company in the global market of transporting and storing of chemicals and related logistical services. 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. National Chemical Carriers (NCC) of Saudi-Arabia replaced Westfal-Larsen as chemical tanker partner. Odfjell Management As- 348 - 7274- Tanker For Chemicals & Oil Products- 1990 - 1999 Ships:BOW BALEARIA, BOW BRACARIA, BOW BRASILIA, BOW PILOT, BOW QUERIDA. 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