Odfjell swings to net profit on improved chemical tankers market

Odfjell swings to net profit on improved chemical tankers market
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

23.09.2020

MOSCOW (MRC) -- The continued revival of the chemical tanker market has driven a strong rise in second-quarter net earnings to USD30.9 million for Odfjell (Bergen, Norway) from a loss of USD10.2 million in the prior-year period, reported Chemweek. EBITDA rose 44% year on year (YOY) to ÃÛÂ81.9 million on sales that rose 4% to USD252.4 million. CEO Kristian Morch says the "continued firm

Full article at mrcplast.com

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