Odfjell SE today reported its results for the first quarter of 2022. The report shows a chemical tanker market that continued to strengthen throughout the quarter and a result in line with previous quarter, despite fewer ship days.
Highlights Q1, 2022
“We are pleased with our 1Q22 results, which reflects the competitive strength of our platform even in unpredictable times. The chemical tanker market improved considerably in the second half of the quarter, driven by strong fundamentals and also by the crisis caused by Russia’s invasion of Ukraine. The chemical tanker market has tightened further and we expect to report stronger results in the second quarter”, said CEO Kristian Mørch.
