Odfjell SE (the “Company”) has mandated DNB Markets, Nordea and SEB to arrange a series of fixed income investor calls commencing January 11, 2021.
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.
Odfjell SE announces today that the company has reached an agreement with Navig8 Chemical Tankers Inc (N8CTI, a N-OTC registered company), where the latter will add 4 modern 25,000 dwt stainless steel chemical tankers to Odfjell’s existing pool, the Chempool25.
The Bondholders in ODF08 (ISIN NO0010782584, ODF09 (ISIN NO0010796238) and Odfjell SE FRN Seniour Unsecured NOK 1,000,000,000 Bond Issue 2018/2023 (ISINNO0010793565) are hereby summoned to Bondholders` Meeting on Friday, December 13, 2019 at 13:00 CET in the premises of Nordic Trustee AS, Kronprinsesse Märthas plass 1, 0160 Oslo - 7th floor.
Odfjell SE today reported its results for the third quarter of 2019. The results reflect a chemical tanker market impacted by seasonally lower volumes that were also affected by geopolitical tensions towards the end of the quarter. Freight rates were stable compared to the previous quarter.
CEO Kristian Mørch is presenting at Pareto Securities’ 26th Oil & Offshore Conference today, September 12th, in Oslo, Norway.