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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.

Lee Hong Liang, Asia Correspondent

November 2, 2016

1 Min Read
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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.”

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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