|
Odfjell evaluates various strategic alternatives for tank terminal
13-12-2010
Odfjell's tank terminal business has grown significantly over the past years, and has at the same time shown stable and strong results. We intend to grow our tank terminal business further. We have therefore started a process of evaluating various strategic alternatives for our Rotterdam tank terminal, with the objective to secure further growth and enhancement of shareholders' value.
DnB NOR Markets has been engaged as financial advisor to assist the company in this process.
The Odfjell Group is a leading participant in the global market of the seaborne transportation and storage of chemicals and other speciality bulk liquids. The Odfjell fleet comprise about 90 ships, trading both globally and regionally. The tank terminal division consists of nine fully or partially owned tank terminals and nine associated tank terminals strategically located. The Odfjell Group is headquartered in Bergen, Norway and has more than 20 offices world wide. Odfjell has about 3 700 employees and an annual gross revenue of about USD 1.3 billion
Odfjell
|