Odfjell SE 3Q21 results: Strong market in the eastern hemisphere, but challenging market in the west
Odfjell SE today reported its results for the third quarter of 2021. The report shows a stable result with a strong market in the eastern hemisphere, but challenging market in the west.Highlights for 3Q21: · Timecharter earnings in Odfjell Tankers of USD 125 million compared to USD 123 million in 2Q21 · Net result contribution from Odfjell Terminals of USD 1 million, in line with previous quarter · Impairment of USD 21 million related to sale agreement of Odfjell’s last remaining short-sea regional vessels in Asia · EBIT of USD -7 million compared to USD 11 million in 2Q21 ·