Odfjell SE 1Q23: The firm chemical tanker market seen in 2022 continued into 1Q23
Odfjell SE today reported its results for the first quarter of 2023. The report shows another strong financial quarter for Odfjell on the back of a continued strong market.Highlights - 1Q23: · Time charter earnings in Odfjell Tankers ended at USD 181 million, compared to USD 187 million in 4Q22 · EBIT of USD 68 million compared to USD 73 million in 4Q22 · Net result of USD 47 million, slightly lower than 4Q22. Net result adjusted for one-off items was USD 46 million compared to USD 50 million in 4Q22 · COA rate renewals were up 32% on average, covering 35% of estimated annual