Norwegian chemical tanker owner and operator Odfjell is boosting its fleet with two additional newbuild vessels via long-term charter deals.
The Oslo-listed company said in its second quarter earnings report it expects the delivery in 2027 and 2028.
The move will leave Odfjell with a total of 17 vessels on order, including owned and time-chartered units, that account for about 20% of the total orderbook in its core, deepsea segment.
The Bergen-headquartered outfit has a fleet of about 70 ships, four tank terminals and is part of a network of another 10 tank terminals, partly owned by related parties. The company posted a record quarterly profit of $88m on time charter earnings at $215m.