Odfjell ASA Akt A (ODJAF) 2.6000 $ODJAF
Odfjell SE Q 2016: Strongest quarterly EBITDA since 2008
Globe Newswire - Mon May 09, 7:22AM CDT
Odfjell's competitiveness continues to improve. Net result first quarter 2016 was USD 24 millions, with improved EBITDA of USD 69 millions compared to USD 45 million last quarter. We have significant reduction in voyage expenses compared to previous quarters mainly due to expiry of bunker hedges. Odfjell Terminals continues to improve with first profitable quarter since 2013.
Odfjell SE : Notice of Annual General meeting 2016
Globe Newswire - Mon Apr 18, 5:28AM CDT
The Annual General Meeting of Odfjell SE will be held on Monday 9 May 2016 at 16:00 hours at the Company's headquarters in Conrad Mohrs veg 29, Bergen, Norway.
Odfjell SE : New CEO for Odfjell Terminals
Globe Newswire - Tue Mar 15, 8:31AM CDT
The Board of Odfjell Terminals BV is pleased to announce that Frank Erkelens will join Odfjell Terminals as CEO for its global activities. Frank has more than 20 years of experience in the terminal industry and comes from a position as President EMEA in Vopak. Frank lives in the Netherlands, and will be working out of both the Rotterdam and the Houston office.
Odfjell SE Q4 2015: Significant improvement in underlying performance in 2015 with USD 100 million in future annual savings achieved
Globe Newswire - Wed Feb 10, 6:28AM CST
Net result for 2015 of negative USD 36 mill, including negative effect from bunker derivatives of USD 64 mill, compared with net result of negative USD 75 mill in 2014. Full year EBITDA improved to USD 190 mill from USD 96 mill last year and operating expenses was reduced by USD 53 mill compared with 2014. Project Felix (cost-cutting and efficiency programme) successfully completed, ahead of target of more than USD 100 mill in annual savings.
Odfjell SE: Invitation to fourth quarter 2015 presentation
Thomson Reuters ONE - Thu Jan 28, 2:05AM CST
Odfjell SE's fourth quarter results 2015 will be released Wednesday 10th of February 2016 and will be published on Oslo Stock Exchange at www.newsweb.no and at www.odfjell.com
Odfjell SE: Notice of extraordinary general meeting
Thomson Reuters ONE - Wed Jan 27, 6:36AM CST
In connection with the sale and leaseback of Odfjell's main office, an extraordinary general meeting of Odfjell SE will be held at the Company's headquarters in Conrad Mohrs veg 29, Bergen, Norway on Wednesday 17 February 2016 at 16:00 hours.
Odfjell SE : Odfjell appoints new Chief of Staff
Thomson Reuters ONE - Tue Jan 05, 3:01AM CST
Odfjell is pleased to announce that Oistein Jensen is appointed as new Chief of Staff. He will commence in his new position on 29 February 2016.
Odfjell SE : 3rd quarter result 2015: Continued improvement for Odfjell
Thomson Reuters ONE - Thu Nov 12, 1:00AM CST
The third quarter shows continued improved operational performance and a net result of USD 7 million. The chemical tankers EBITDA was USD 46 million compared with USD 42 million in the second quarter. The Odfjell chemical freight index (ODFIX) was up 1% compared with the previous quarter.
Odfjell to reduce fuel consumption and emissions with up to 20% with new propulsion concept
Thomson Reuters ONE - Fri Oct 02, 5:47AM CDT
Odfjell is upgrading the propulsion system for 19 vessels with new technology to optimise energy efficiency. The vessels will be equipped with new energy efficient propeller blades, rudder-bulb and will undergo technical upgrades of the main engine, turbo chargers and shaft generator. These combined upgrades will reduce fuel consumption and emissions by up to 20%. The vessels will be amongst the most energy efficient chemical tankers in the world, and will achieve the highest score on the Rightship energy rating, A+.
Odfjell SE : Refinancing
Thomson Reuters ONE - Fri Sep 25, 8:02AM CDT
Odfjell SE has entered into a term loan facility agreement with DNB Bank ASA, Danske Bank AS, DVB Bank America N.V and Swedbank AB for refinancing of existing loans on the vessels Bow Sea, Bow Sun and Bow Summer. DNB Bank ASA is acting as the agent bank and the total loan is USD 112 million. The loan has a 5-year term with 10-year profile.
Odfjell SE : Invitation to Second Quarter 2015 Presentation
Thomson Reuters ONE - Fri Aug 14, 7:37AM CDT
Odfjell SE's second quarter results 2015 will be released Thursday 27th of August 2015 and will be published on Oslo Stock Exchange at www.newsweb.no and at www.odfjell.com
Odfjell Tankers - Change of Management
Thomson Reuters ONE - Mon Jul 13, 4:00AM CDT
It has been agreed that Morten Nystad will step down as head of Odfjell Tankers from today. Odfjell SE has started the process of identifying a new head of Odfjell Tankers. Until a new head is appointed, this responsibility will rest with the President / CEO of Odfjell SE. We wish to thank Morten Nystad for his 35 years of dedicated service to the Company.
Odfjell SE : Odfjell's new CEO/President Kristian Verner Morch starts 1 August 2015
Thomson Reuters ONE - Wed Jun 10, 8:44AM CDT
Reference is made to the stock exchange notice of 4 May 2015, announcing that the Board of Directors of Odfjell SE has appointed Kristian Verner Morch (47) as the Company's CEO/President.
First quarter result 2015: Positive effect from cost-cutting programme and improved earnings
Thomson Reuters ONE - Wed May 06, 7:17AM CDT
Chemical Tankers EBITDA was USD 26 million, which adjusted for non-recurring items, was USD 4 million higher than last quarter. EBITDA includes negative effects from bunker derivatives of USD 15 million.
Odfjell SE appoints new CEO/President
Thomson Reuters ONE - Mon May 04, 1:52AM CDT
The Board of Directors of Odfjell SE has appointed Kristian Morch (48) as the Company's new CEO/President. He will succeed CEO/President Tore Jakobsen (64) latest by November 1st 2015.
4Q 2014: Odfjell SE initiates cost-cutting and efficiency programme
Thomson Reuters ONE - Thu Feb 12, 12:58AM CST
Odfjell SE has initiated a restructuring plan that, when fully implemented, is estimated to improve the net result by in excess of USD 100 million on a yearly basis within year end 2016. The cost savings initiatives are related to operating expenses, general and administrative expenses, trade optimisation and bunker consumption. The items related to operating expenses and general and administrative expenses are expected to account for in excess of 50 percent of the improved result. Through these changes we will initiate a route back to reach our goal of being a profitable global provider of transportation of liquid chemicals.
Invitation to Fourth Quarter 2014 Presentation
Thomson Reuters ONE - Mon Feb 02, 4:46AM CST
Odfjell SE's fourth quarter results 2014 will be released Thursday 12th of February 2015 and will be published on Oslo Stock Exchange at www.newsweb.no and at www.odfjell.com.
Odfjell SE Q 2016: Strongest quarterly EBITDA since 2008
Globe Newswire - Mon May 09, 7:22AM CDT
Odfjell's competitiveness continues to improve. Net result first quarter 2016 was USD 24 millions, with improved EBITDA of USD 69 millions compared to USD 45 million last quarter. We have significant reduction in voyage expenses compared to previous quarters mainly due to expiry of bunker hedges. Odfjell Terminals continues to improve with first profitable quarter since 2013.
Odfjell SE : Notice of Annual General meeting 2016
Globe Newswire - Mon Apr 18, 5:28AM CDT
The Annual General Meeting of Odfjell SE will be held on Monday 9 May 2016 at 16:00 hours at the Company's headquarters in Conrad Mohrs veg 29, Bergen, Norway.
Odfjell SE : New CEO for Odfjell Terminals
Globe Newswire - Tue Mar 15, 8:31AM CDT
The Board of Odfjell Terminals BV is pleased to announce that Frank Erkelens will join Odfjell Terminals as CEO for its global activities. Frank has more than 20 years of experience in the terminal industry and comes from a position as President EMEA in Vopak. Frank lives in the Netherlands, and will be working out of both the Rotterdam and the Houston office.
Odfjell SE Q4 2015: Significant improvement in underlying performance in 2015 with USD 100 million in future annual savings achieved
Globe Newswire - Wed Feb 10, 6:28AM CST
Net result for 2015 of negative USD 36 mill, including negative effect from bunker derivatives of USD 64 mill, compared with net result of negative USD 75 mill in 2014. Full year EBITDA improved to USD 190 mill from USD 96 mill last year and operating expenses was reduced by USD 53 mill compared with 2014. Project Felix (cost-cutting and efficiency programme) successfully completed, ahead of target of more than USD 100 mill in annual savings.
Odfjell SE: Invitation to fourth quarter 2015 presentation
Thomson Reuters ONE - Thu Jan 28, 2:05AM CST
Odfjell SE's fourth quarter results 2015 will be released Wednesday 10th of February 2016 and will be published on Oslo Stock Exchange at www.newsweb.no and at www.odfjell.com
Odfjell SE: Notice of extraordinary general meeting
Thomson Reuters ONE - Wed Jan 27, 6:36AM CST
In connection with the sale and leaseback of Odfjell's main office, an extraordinary general meeting of Odfjell SE will be held at the Company's headquarters in Conrad Mohrs veg 29, Bergen, Norway on Wednesday 17 February 2016 at 16:00 hours.
Odfjell SE : Odfjell appoints new Chief of Staff
Thomson Reuters ONE - Tue Jan 05, 3:01AM CST
Odfjell is pleased to announce that Oistein Jensen is appointed as new Chief of Staff. He will commence in his new position on 29 February 2016.
Odfjell SE : 3rd quarter result 2015: Continued improvement for Odfjell
Thomson Reuters ONE - Thu Nov 12, 1:00AM CST
The third quarter shows continued improved operational performance and a net result of USD 7 million. The chemical tankers EBITDA was USD 46 million compared with USD 42 million in the second quarter. The Odfjell chemical freight index (ODFIX) was up 1% compared with the previous quarter.
Odfjell to reduce fuel consumption and emissions with up to 20% with new propulsion concept
Thomson Reuters ONE - Fri Oct 02, 5:47AM CDT
Odfjell is upgrading the propulsion system for 19 vessels with new technology to optimise energy efficiency. The vessels will be equipped with new energy efficient propeller blades, rudder-bulb and will undergo technical upgrades of the main engine, turbo chargers and shaft generator. These combined upgrades will reduce fuel consumption and emissions by up to 20%. The vessels will be amongst the most energy efficient chemical tankers in the world, and will achieve the highest score on the Rightship energy rating, A+.
Odfjell SE : Refinancing
Thomson Reuters ONE - Fri Sep 25, 8:02AM CDT
Odfjell SE has entered into a term loan facility agreement with DNB Bank ASA, Danske Bank AS, DVB Bank America N.V and Swedbank AB for refinancing of existing loans on the vessels Bow Sea, Bow Sun and Bow Summer. DNB Bank ASA is acting as the agent bank and the total loan is USD 112 million. The loan has a 5-year term with 10-year profile.
Odfjell SE : Invitation to Second Quarter 2015 Presentation
Thomson Reuters ONE - Fri Aug 14, 7:37AM CDT
Odfjell SE's second quarter results 2015 will be released Thursday 27th of August 2015 and will be published on Oslo Stock Exchange at www.newsweb.no and at www.odfjell.com
Odfjell Tankers - Change of Management
Thomson Reuters ONE - Mon Jul 13, 4:00AM CDT
It has been agreed that Morten Nystad will step down as head of Odfjell Tankers from today. Odfjell SE has started the process of identifying a new head of Odfjell Tankers. Until a new head is appointed, this responsibility will rest with the President / CEO of Odfjell SE. We wish to thank Morten Nystad for his 35 years of dedicated service to the Company.
Odfjell SE : Odfjell's new CEO/President Kristian Verner Morch starts 1 August 2015
Thomson Reuters ONE - Wed Jun 10, 8:44AM CDT
Reference is made to the stock exchange notice of 4 May 2015, announcing that the Board of Directors of Odfjell SE has appointed Kristian Verner Morch (47) as the Company's CEO/President.
First quarter result 2015: Positive effect from cost-cutting programme and improved earnings
Thomson Reuters ONE - Wed May 06, 7:17AM CDT
Chemical Tankers EBITDA was USD 26 million, which adjusted for non-recurring items, was USD 4 million higher than last quarter. EBITDA includes negative effects from bunker derivatives of USD 15 million.
Odfjell SE appoints new CEO/President
Thomson Reuters ONE - Mon May 04, 1:52AM CDT
The Board of Directors of Odfjell SE has appointed Kristian Morch (48) as the Company's new CEO/President. He will succeed CEO/President Tore Jakobsen (64) latest by November 1st 2015.
4Q 2014: Odfjell SE initiates cost-cutting and efficiency programme
Thomson Reuters ONE - Thu Feb 12, 12:58AM CST
Odfjell SE has initiated a restructuring plan that, when fully implemented, is estimated to improve the net result by in excess of USD 100 million on a yearly basis within year end 2016. The cost savings initiatives are related to operating expenses, general and administrative expenses, trade optimisation and bunker consumption. The items related to operating expenses and general and administrative expenses are expected to account for in excess of 50 percent of the improved result. Through these changes we will initiate a route back to reach our goal of being a profitable global provider of transportation of liquid chemicals.
Invitation to Fourth Quarter 2014 Presentation
Thomson Reuters ONE - Mon Feb 02, 4:46AM CST
Odfjell SE's fourth quarter results 2014 will be released Thursday 12th of February 2015 and will be published on Oslo Stock Exchange at www.newsweb.no and at www.odfjell.com.
