Odfjell SE 4Q21: Encouraging finish to a difficult year
Odfjell SE today reported its results for the fourth quarter of 2021 and preliminary results for the full year 2021. The report shows an encouraging finish to a difficult year driven by improving Chemical tanker markets in the West and continued strong markets in the East. Highlights for 4Q21: · Timecharter earnings in Odfjell Tankers of USD 136 million, up USD 11 million compared to USD 125 million in 3Q21 · Net result contribution from Odfjell Terminals of USD 3 million, compared to USD 1 million in 3Q21 · EBIT of USD 35 million, up USD 42 million compared to USD -7 million