Odfjell SE has decided to expand its fleet with six newbuildings through a combination of long-term time charter and pool agreements.
According to the company, the series of newbuildings will be built at multiple shipyards in Japan and are scheduled to be delivered from 1H2026 to 1H2027. Two of the vessels are 40,000 dwt stainless steel supersegregator chemical tankers with 28 tanks, while the additional four are 25-26,000 dwt stainless steel chemical tankers with 24 tanks. All vessels will be capable of handling a range of specialty liquid products.
The vessels will join Odfjell’s worldwide trades in a strategic combination of long-term time charter and pool arrangements. The agreements are entered into at attractive levels, and Odfjell has purchase options on the vessels entered on time charter.
We are pleased to announce these agreements as they further strengthen our fleet composition and serve as a confirmation of our growth ambitions. The collaboration between the shipbuilders, suppliers and our team has resulted in tailored vessels that are sustainable, efficient and cost-effective.
…said CEO Harald Fotland.
This approach allows us to continue to deliver exceptional services to our customers and optimize our operations without compromising our commitment to sustainability. We introduce modern and sophisticated tonnage in a capital-efficient way.
..Fotland said.
Adding these advanced vessels is a notable step in the company’s ambitious fleet renewal plan. Odfjell’s fleet is currently recognized as the most energy-efficient in the deep-sea chemical tanker segment.
Odfjell has already reached its goal of reducing the carbon intensity by 50% by 2030, and is currently testing a range of innovations to reduce emissions further.
The company has received multiple awards for its documented sustainability results. Odfjell SE received the 2022 SAFETY4SEA Sustainability Award for supporting sustainability with ESG reporting and ESG communication. Odfjell was the first company in the maritime industry to issue a Sustainability Linked Bond while it recently signed the FUTURE-PROOF initiative in support of human rights. Other distinguished short-listed nominees of this category were: ABS, Columbia Shipmanagement, European Maritime Safety Agency (EMSA) and Sustainable Shipping Initiative (SSI).
