Odfjell SE 3Q22: Another quarter of strong results
Odfjell SE today reported its results for the third quarter of 2022. The report shows a chemical tanker market that continued to improve in the third quarter despite what normally is a seasonally slower market. Highlights: · Time charter earnings in Odfjell Tankers increased to USD 171 million, up from USD 160 million 2Q22 · Net result contribution from Odfjell Terminals of USD 8 million compared to USD 2 million 2Q22. Excluding insurance proceeds and variations in FX- rates, results in 3Q22 were stable from last quarter · EBIT reached USD 71 million compared to USD 53 million