Odfjell has the pleasure of inviting investors, analysts, media and other stakeholders to attend our annual Capital Markets Day on Thursday June 10, 09:00-11:00 CET.
Reference is made to the stock exchange notice on January 7, 2021, regarding a contemplated sustainability-linked bond issue. Odfjell SE has today successfully completed a new sustainability-linked senior unsecured bond issue of NOK 850 million with maturity date January 21, 2025.
Last week, Odfjell Terminals Houston (OTH), 51% controlled by Odfjell SE through our Odfjell Terminals US Joint Venture, experienced a fire in its utility area. The fire was quickly extinguished, but terminal operations were temporarily suspended while damages were assessed.
Odfjell SE has reached an agreement with Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK) at a purchase price of USD 19 million. Following the transaction, Odfjell SE will control 50% of OTK’s shareholding alongside the long-term, local JV partner KPIC.
Odfjell SE today reported its results for the third quarter of 2020. The report shows another quarter with positive results despite a seasonally slower market, a high number of drydockings and an unclear macro environment.
Odfjell SE today reported its results for the second quarter of 2020. The report shows a good performance which was mainly due to increased chemical tanker earnings.
As a part of its ambitious sustainability strategy for the coming years, Odfjell SE introduces a new executive position and appoints Øistein Jensen as the company’s first Chief Sustainability Officer (CSO).
Odfjell SE today reported its results for the first quarter of 2020. The report shows improved results driven by increased earnings in Odfjell Tankers as a consequence of an improved chemical tanker market. This led to positive underlying net results for Odfjell SE.
Odfjell SE today reported its results for the fourth quarter of 2019 which ended on a strong note.