Expanding Odfjell Feet Introducing Coated Pools
During the past three & half years, Odfjell has welcomed 32 new chemical tankers to Odfjell’s commercially managed fleet, while 24 older ships have
During the past three & half years, Odfjell has welcomed 32 new chemical tankers to Odfjell’s commercially managed fleet, while 24 older ships have been redelivered to owners. These and other renewal steps have given the wanted result. Odfjell now controls one of the most modern and energy-efficient fleets in the world. And the renewal continues: The latest addition, two pools of a total 19 coated tankers, add further strength to platform.
The new pool agreement with Navig8 was launched at the presentation of the 3Q20 results on November 5. The very next day, CEO Kristian Morch could announce another agreement with NY-based Transportation Recovery Fund.
The ships are coated tankers and comprise a total of six vessels from Navig8, six Odfjell vessels and seven from TRF. The vessels will be organized as two pools: The Odfjell Coated MR Pool, 45k dwt+, and the Odfjell Coated Handy Pool, 35-40k dwt. The MR Pool will count 13 vessels (4 MIPO’s and 2 SLS) including a tonnage contribution from Odfjell of six vessels, while the Handy Pool will count six of the TRF vessels.
Four of the Navig8 ships are built in 2015 at STX in Korea. The ships are named after gems: Tanzanite, Tourmaline, Topaz, Turquoise. All 49,000 dwt IMO2 chemical tankers, with 18 coated tanks. Coating is mainly Interline 9001.
The last two, Violette and Victoria, are also 49,000 dwt and IMO2, but with 22 coated tanks and mainly epoxy coating (Sigma Phenguard) – and two stainless steel tanks. Violette and Victoria are built in 2015 at the Hyundai-MIPO yard in Vietnam. The four T-vessels are already delivered, while Violette and Victoria are expected in the coming three weeks.