Established in 1914, Odfjell pioneered the development of the chemical tanker trade in the 1950s and the tank storage business in the late 1960s.
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, and the medicine we sometimes take. Our job is to transport and store these chemicals, and to make sure that our customers all over the world get them delivered safely, efficiency, on time.
Sounds easy – but the logistics behind the perceived simplicity of this task are immensely complex. 2303 colleagues around the world work to secure safe and reliable storage and coordinate the transport of more than 600 different chemicals, each one requiring special handling. The expertise of our people makes all the difference.
Safety and sustainability are at the heart of our work – it is our responsibility, and our licence to operate. Onshore in the USA, Belgium, China, and Korea, our terminals teams operate a total of 480 tanks with a capacity of 1.3 million cubic meters. That is equal to 7.6 million bathtubs. On the oceans, our around 80 highly sophisticated chemical tankers make 320 port calls and transports 14 million tonnes every year, in all weather conditions, day and night. The distance our ships sail in a year is the equivalent of going 202 times around the equator, or nearly 11 round-trips to the moon.
We bring the chemicals to the producers, so that they can make the rainwear for your hike, the football for your soccer team, the wheels for your bike, the paint and insulation for your home, the coating on your windshield, and an almost endless array of everyday items – PCs, makeup, phones, clocks, cooking oil, medicines, to list but a few.
We continuously search for ways to improve our services and take the best care of our customers, our partners and investors, our staff and our environment. We ship and store the building blocks for industries, markets, consumers, and we are proud to do so.
- 2303 employees
- Of these: 1630 seafarers | 312 terminal employees | 361 shipping employees on shore
- Operating +/- 80 ships
- 13 offices around the world
- Five terminals at key strategic locations: 480 tanks and 1.3 million cbm storage capacity
Key numbers 2019
- Gross revenue: USD 872 million
- EBITDA: USD 196 million
- Operating result: USD 50 million
- Net result: USD -37 million