CEO presents Odfjell at Pareto conference

The conference offers “a platform for industry leaders, experts, and investors worldwide to connect, exchange ideas, and forge collaborations.” More than 160 individual companies took part. 

Harald presented Odfjell’s core business and highlighted the importance of chemicals for industries and consumer goods. 

Key points:

• We have capitalized on strong markets and continue our solid performance
• We offer essential transport solutions for global industrial production
• Odfjell Terminals offer safe and efficient storage for vital liquids, connecting sea and land at core international shipping hubs
• We have high-quality chemical tankers, optimized for serving global markets
• Our CoA portfolio is robust and diversified
• Spot rates are still above historical average
• Geopolitics drives the outlook, and macroeconomic and geopolitical uncertainty define current market
• We continue to strengthen our leading position on energy efficiency

“Rest assured, Odfjell keeps a steady course. Our organization has captured the upside of the beneficial market fundamentals, leading to record-strong results and dividends. We have built resilience for the future through the strengthening of our balance sheet and a significant improvement of the COA portfolio.

We continue to grow our fleet in a capital-light way. Odfjell Terminals delivers stronger results through organic growth and performance improvement initiatives, with locally funded capex.”

Read the slide deck