Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Odfjell confirms order for stainless steel chemical tankers

Odfjell confirms order for stainless steel chemical tankers
Odfjell has confirmed an order for four stainless steel chemical tankers at $60m apiece with China Shipbuilding Trading and Hudong-Zhonghua Shipbuilding (Group) Co.

The order confirmation followed the signing of a letter of intent in August this year, valuing the deal at a total of $240m for the four ships.

Odfjell claimed that the ships of 49,000 dwt and with a cargo capacity at 54,600 cbm make them the world’s largest stainless steel chemical tankers.

The first vessel is expected to be delivered in June 2019 and the following vessels with three months intervals.

The order comes with various options for delivery of up to four additional vessels.

Odfjell said that Chinese yards have delivered several chemical tankers with stainless steel cargo tanks over the last years, and they have one of very few construction facilities in China able to Odfjell’s quality standards.

Kristian Mørch, ceo of Odfjell, comment: “The vessels will be the most efficient stainless steel chemical tankers available, and the vessels are designed to be good for the environment, good for our customers and a good investment for our shareholders.”