Norchem AS in Denmark (in which Laurence Odfjell, Chairman of the Board in Odfjell SE, has a controlling interest) has acquired 500.000 Odfjell B-shares at NOK 33 per share. Following this transaction, Norchem AS owns 25,966,492 A-shares and 1…
Odfjell announced it has closed the transaction to form the strategic partnership with Lindsay Goldberg. Through the transaction, Lindsay Goldberg has acquired a 49% interest in each of Odfjell's tank terminals in Rotterdam, Netherlands and Houston…
Reference is made to the stock exchange announcement of 18 May 2011, in which Odfjell announced its intentions to enter into a strategic partnership with Lindsay Goldberg LLC to grow its tank terminal business in Europe and North America.Odfjell…
Odfjell announced the formation of Odfjell Euroceanica As, a 50/50 Joint Venture between Odfjell SE and Euroceanica Ltd. The J/V will trade all vessels currently operated by Crystal Pool and Odfjell Europe in the European short sea market. The…
Odfjell has appointed Mr. Terje Iversen as new SVP/CFO for Odfjell SE. He will start in this position not later than 1 September. Mr. Iversen is currently employed by the maritime industrial company Bergen Group ASA as CFO. Odfjell's present CFO…
On 10 December 2010, the state commercial court in Arkhangelsk decided in favour of Odfjell and approved our application concerning the recognition and enforcement of the arbitral award filed against Sevmash shipyard. Odfjell has been informed…
Odfjell brought M/T Bow Brasilia (5,870 DWT/built 1997) and a newbuilding from Korea into the Norwegian International Ship Register (NIS). The M/T Bow Brasilia and the 51,000 DWT newbuilding are two out of five vessels that Odfjell has planned to bring into NIS registration in 2010…
On Feb. 12, the Norwegian Supreme Court awarded in favor of the shipping companies that the retroactive tax imposed in 2007 for the years 1996-2006 was in breach of the Norwegian Constitution. The effect for Odfjell will be an increase in the equity of about $110m…
Odfjell has entered into an agreement to sell the coated parcel tanker MT Bow Maasslot (38,039 dwt/built 1982) for recycling in India by the end of January 2010. The sales price is close to the book value. The vessel has Green Passport…
Thern Lifting Services, Inverurie based engineering manufacturing company, announced the first contract for the Monitor 75/150 (a self contained zone 1 hydraulic personnel winch) with Odfjell Drilling UK Ltd, on behalf of Talisman Energy UK Limited…
