Odfjell SE today reported its results for the third quarter of 2026. The company delivered a solid performance in a volatile market and three new vessels were successfully deployed during the quarter.
Highlights - 3Q26
"I am pleased with our solid performance in a volatile market. We maintained strong time charter earnings while successfully deploying three additional vessels during the quarter.
Global seaborne chemical volumes remain below pre-conflict levels, but vegoil and biofuel volumes compensate. This, combined with strengthening MR tanker earnings and therefore near-zero swing tonnage, supported chemical freight rates.
Regular trading patterns continue to be disrupted. We expect the underlying net result in 4Q26 to be somewhat lower than in the third quarter," said CEO Harald Fotland.
Please see attached for the 3Q26 report and presentation. Tomorrow, Thursday, November 5, at 09:00 CET, Odfjell SE will present the results in a live webcast, followed by a Q&A session. Watch the presentation at https://www.odfjell.com/investors/webcast. The presentation will be held in English.