Odfjell SE 4Q23: A solid quarter that concludes a record year for Odfjell
Odfjell SE today reported its results for the preliminary full-year/ fourth quarter of 2023. The report shows a solid quarter that concludes a record year for Odfjell.Highlights - 4Q23: · The time charter earnings in Odfjell Tankers ended at USD 182 million, compared to USD 184 million in 3Q23. · EBIT of USD 71 million compared to USD 76 million in 3Q23. · Strong net result of USD 52 million. Net result adjusted for one-off items was USD 50 million, compared to USD 49 million in 3Q23. · Rates on renewed COAs in the quarter were up 5% on average, covering 29% of estimated