odfjell in A Sentence

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    Odfjell owns and operates in total 85 chemical tanker vessels.

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    Odfjell regrets the unfortunate incident and takes this matter very seriously.

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    To finance its new rig, Odfjell issued 38 million new shares on Thursday at 36 Norwegian crowns($4.61).

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    Norway's Odfjell, which owns the other vessel, Bow Dalian, said the ship had been towed to safety and its crew accounted for.

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    Odfjell raised $175 million via a new share issue on Thursday to help buy semi-submersible Stena Midmax Rig from Samsung Heavy Industries for $505 million.

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    Odfjell, the owner of the freighter Bow Jubail, said in a statement the ship had lost 220 tons of heavy fuel oil in the incident, which took place Saturday afternoon.

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    The North Sea has seen the biggest increase in demand for harsh-environment floating rigs, with utilisation rates rising to more than 90 percent in 2018, Odfjell's presentation to investors showed.

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    Chemical tanker firm Odfjell said it will not invest in scrubbers to clean fuel on its vessels to comply with new stricter emission rules from 2020 but instead buy fuel which meets the new standards.

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