Odfjell SE 3Q24: Odfjell delivered another solid financial result
Odfjell SE today reported its results for the third quarter of 2024.Highlights: · Odfjell’s strong performance on safety continues with high operational efficiency and no significant incidents during the quarter. · Odfjell delivered another solid financial result in 3Q24, somewhat below record levels from previous quarter. · Freight rates remain healthy despite spot rates coming down during the quarter. Our volumes remain stable. · The time charter earnings in Odfjell Tankers ended at USD 202 million, compared to a record USD 215 million in 2Q24. · EBIT of USD 91 million