Odfjell SE reaches an agreement with Navig8 Chemical Tankers to expands stainless steel chemical tanker pool
Odfjell SE has reached an agreement with Navig8 Chemical Tankers Inc (N8CTI, a N-OTC registered company), where the latter will add 4 modern 25,000 dwt stainless steel chemical tankers to Odfjell’s existing pool, the Chempool25, the company said in its release.
Following the delivery of the vessels, the pool will total 19 vessels with Odfjell contributing with ten vessels, CTG five vessels and N8CTI four vessels. Odfjell will continue to be the operator of all vessels in the pool.
The four vessels are expected to enter the pool during 1Q2020. The Chempool25 fleet operates as part of Odfjell’s total commercial fleet of around 80 advanced chemical tankers, trading around the world.