Odfjell swings to net profit on improved chemical tankers market
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