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Sun, Jun

Odfjell bullish on chemical tankers as key cargo volumes set to grow

Odfjell bullish on chemical tankers as key cargo volumes set to grow

Norwegian owner Odfjell remains positive on chemical tanker prospects due to rising volumes of key cargoes.

The Oslo-listed company told an investors’ meeting that rates have come off their peak,

Norwegian owner Odfjell remains positive on chemical tanker prospects due to rising volumes of key cargoes.

The Oslo-listed company told an investors’ meeting that rates have come off their peak, but are still above historical averages.

Nils Jorgen Selvik, vice president of finance and investor relations, said that forecast global economic growth and an increase in international chemical trades provide a solid foundation for the specialist vessels.

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