Odfjell News

 

New CEO for Odfjell Terminals

Mar 21, 2016

The Board of Odfjell Terminals BV announced that Frank Erkelens will join Odfjell Terminals as CEO for its global activities. Erkelens has more than 20 years of experience in the terminal industry and comes from a position as President EMEA in Vopak…

New Chief of Staff at Odfjell

Jan 05, 2016

Øistein Jensen has been appointed as new Chief of Staff at Odfjell, commencing in his new position from February 29, 2016. Jensen is a Norwegian citizen and presently holds the position as Director at PwC. He is a graduate of the Royal Norwegian…

Odfjell Elects Klaus Nyborg Director of the Board

Dec 10, 2015

Odfjell SE’s Extraordinary General Meeting, held December 9, 2015, supported the Nomination Committee's proposal and elected Klaus Nyborg as new director of the Board. Nyborg, a Danish citizen, owns no shares in Odfjell SE and has no formal ties to major shareholders of the company…

New Head for Odfjell Tankers

Oct 06, 2015

Odfjell announced it has appointed Senior Vice President Harald Fotland to new Head of Odfjell Tankers. Fotland comes from the position as SVP/Chief of Staff and has for the past 18 months also been responsible for the cost-cutting and efficiency program in Odfjell…

Odfjell Tankers Head Steps Down

Jul 13, 2015

Morten Nystad will step down as senior vice president of Odfjell Tankers after 35 years with the company. His departure is effective immediately. Nystad has held various management positions during his tenure at Odfjell, serving within the…

Euronav to Acquire Metrostar VLCCs

Jun 12, 2015

The world’s largest listed crude-tanker operator Euronav is planning to buy 18 tankers for around $1.2 billion in one of the biggest deals involving oil carriers this year, reports WSJ. The reports says that Euronav is in advanced discussions…

Odfjell Board Announces New CEO’s Start Date

Jun 10, 2015

Odfjell's new president and CEO Kristian Verner Mørch to start August 1, 2015  Kristian Verner Mørch will take up his new position as president and CEO of Odfjell SE from August 1, 2015, the company’s board of directors announced. His appointment was announced in May 2015…

Upgrade Packages Ordered for Odfjell Tankers

Jun 07, 2015

Fuel-saving upgrade package with Kappel technology to optimise propulsion efficiency and lower fuel consumption of 11 vesselsMAN Diesel & Turbo’s Propeller & Aft Ship organisation has won an order to retrofit and upgrade a series of 11 × 37…

Odfjell Drilling Vietnam Bound

May 18, 2015

Norway's Odfjell Drilling has secured a contract with VietGazprom to deploy 2011-built drillship Deepsea Metro I (UDW drillship) to Vietnam. The area of operation is in Blocks 130 and 131 offshore Vietnam. Contract commencement is expected to take place mid 3Q 2015…

Odfjell Names Mørch President, CEO

May 04, 2015

The board of directors of Odfjell SE has appointed Kristian Mørch as the company's new president and CEO. He will succeed current president and CEO Tore Jakobsen by November 1, 2015. Mørch is a Danish citizen and presently holds the position as co-CEO of Clipper Group…

Restructuring Can Save Odfjell $100 Mln

Jan 12, 2015

In May 2014 Odfjell SE announced a review of all aspects of our business model in order to improve our financial results through a more competitive cost structure.The Board  has today approved a restructuring plan which, fully implemented…

New Director on Odfjell Board

Nov 12, 2014

Odfjell SE held a general meeting November 12, 2014 at which the nomination committee elected Annette Malm Justad as its new director of the board.Annette Malm Justad is a Norwegian citizen born in 1958. She has a master's degree in chemical…

Odfjell 2Q Results In Line with Expectations

Aug 22, 2014

Chemical Tankers had an EBITDA of $24 million, compared with $17 million in the first quarter. Improved utilization with only minor interruptions of trade. Time-charter results were up by 10%.Odfjell's shareholding in the tank terminals…

IADC Presents Sea Safety Awards

May 21, 2014

The International Association of Drilling Contractors (IADC), North Sea Chapter once again recognized the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen.Julian Hall of Ensco, North Sea Chapter Chairman…

Odfjell Pleads Guilty to Pollution Charges

Mar 05, 2014

Company agrees to pay $1.2 million penalty; $300,000, will fund Long Island Sound projects.Singapore-based Odfjell Asia II Pte Ltd and one of its senior crew members pleaded guilty yesterday in federal court in Hartford, Conn., for violating the Act to Prevent Pollution from Ships (APPS)…

Logistics News

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Turkey Halts All Trade with Israel

Turkey Halts All Trade with Israel

Young Brothers Is First in the US to Use Innovative Mooring System

Young Brothers Is First in the US to Use Innovative Mooring System

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

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