Odfjell downbeat as tanker earnings fall

Craig Eason - Monday 8 February 2010

Bernt Daniel Odfjel. photo: Odfjell SE

NORWEGIAN parcel operator Odfjell is not expecting a swift recovery in 2010 after seeing the market bottom out at the end of 2009.
The Bergen-based company has seen profits from its tanker operations slashed in 2009 due to weak demand and an oversupply of tonnage. However the company’s terminal division, which operates a number of tank termin...

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