Odfjell purchases chemical tanker MT Bow Engineer
Odfjell has entered into a contract for the purchase of MT Bow Engineer, a 30,086 DWT chemical tanker (IMO II/III) with 28 stainless steel cargo tanks, built in 2006 at Kitanihon Shipbuilding CO LTD in Japan, the Company press release said.
The change of ownership will take place early May this year.
Bow Engineer has been on time charter for Odfjell from yard delivery in 2006. Instead of continuing the remaining charter period of five years, Odfjell has agreed with the owner, Saito Shipping, to buy the vessel.
About Odfjell
Odfjell is a leading company in the global market for transportation and storage of bulk liquid chemicals, acids, edible oils and other special products. Originally set up in 1914, the Company pioneered the development of the chemical tanker trades in the middle/late 1950s and the tank storage business in the late 1960s. Odfjell owns and operates chemical tankers in global and regional trades as well as a network of tank terminals.
