Odfjell Adds Navig8 Chemical Tankers

Navig8 Chemical Tankers, an international shipping company
focused on the transportation of chemicals, has agreed to enter
four of its 25,000-dwt chemical tankers into a pool operated by
the Norwegian tanker owner and operator Odfjell.
Following the delivery of the vessels, the 'Chempool25' 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.
"We are pleased to welcome N8CTI as a partner. N8CTI brings
first-class vessels to the pool, and we look forward to the
cooperation and to further develop our pool partnerships," said
Kristian Mørch, CEO of Odfjell SE.
"With this expansion, Odfjell will operate one of the largest
fleets of modern 25,000 dwt stainless steel chemical tankers in
the world. This is another step in consolidating the chemical
tanker industry, and it enables us to offer unparalleled
flexibility and service to our customers," added Kristian.
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.
Dec 3, 2019