Odfjell SE signs agreement to acquire four 40,000 dwt stainless steel newbuildings
Norway, April 22 -- Odfjell announces that it has signed agreements to purchase four 40,000 dwt fully stainless-steel vessels to be built at Kitanihon Shipbuilding in Japan.The vessels will be purchased from a Japanese shipowner upon completion and are scheduled for delivery from 1Q 2027 until 2Q 2029. They are secured at competitive prices with a total transaction value of approximately USD 290 million. The payment terms follow customary industry standards, with installments during the construction period and the remaining balance payable upon delivery. This investment is part of Odfjell's ongoing fleet renewal program. The company has recycled three super-segregators since 2Q25. In addition, Odfjell has recently divested the newbuilding c...
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