Odfjell

The Odfjell Group is one of the world leaders in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids. 

Established in 1914, Odfjell pioneered the development of the chemical tanker trade in the 1950s and the tank storage business in the late 1960s. 

Most of the products we use in our everyday life are made by using chemicals – from the clothes we wear to the water bottle we drink from, and the medicine we sometimes take. Our job is to transport and store these chemicals, and to make sure that our customers all over the world get them delivered safely, efficiency, on time. 


Sounds easy – but the logistics behind the perceived simplicity of this task are immensely complex. 2 300 colleagues around the world work to secure safe and reliable storage and coordinate the transport of more than 600 different chemicals, each one requiring special handling. The expertise of our people makes all the difference. 

Safety and sustainability are at the heart of our work – it is our responsibility, and our licence to operate. Onshore in the USA, Belgium, China, and Korea, our terminals teams operate a total of 470 tanks with a capacity of 1.3 million cubic meters. That is equal to 7.6 million bathtubs.

At sea, our 90+ highly sophisticated chemical tankers call more than 400 different ports and transport 14 million tonnes cargo every year, in all weather conditions, day and night. The distance our ships sail in a year is the equivalent of going 217 times around the equator, or about 11 round-trips to the moon. 

We bring the chemicals to the producers, so that they can make the rainwear for your hike, the football for your soccer team, the wheels for your bike, the paint and insulation for your home, the coating on your windshield, and an almost endless array of everyday items – PCs, makeup, phones, clocks, cooking oil, medicines, to list but a few. 

We continuously search for ways to improve our services and take the best care of our customers, our partners and investors, our staff and our environment. We ship and store the building blocks for industries, markets, consumers, and we are proud to do so.
 

Key facts

  • 2 294 employees
  • Of these: 1 632 seafarers | 292 terminal employees | 370 shipping employees on shore
  • Operating +/- 90 ships
  • 14 offices around the world
  • Five terminals at key strategic locations: 470 tanks and 1.3 million cbm storage capacity

 

Key numbers 2020

  • Gross revenue: USD 939 million
  • EBITDA: USD 268 million
  • Operating result: 115 million
  • Total assets: 2 220 million