Odfjell SE: Slightly improved results as the chemical tanker market remained challenging
Odfjell SE today reported its results for the second quarter of 2021. The report shows slightly improved results driven by operational improvements as the chemical tanker market remained challenging. Highlights for 2Q21 · Timecharter earnings in Odfjell Tankers of USD 123 million compared to USD 120 million in 1Q21 · Net result contribution from Odfjell Terminals of USD 1 million, in line with previous quarter · EBIT of USD 11 million compared to USD 8 million in 1Q21 · Net result of USD -8 million compared to USD -16 million in 1Q21 · A minor part of the COA portfolio