Odfjell signs an agreement with N8CTI

Odfjell SE announced recently that the company has reached an agreement with Navig8 Chemical Tankers Inc (N8CTI, an N-OTC registered company), where the latter will add 4 modern 25,000 dwt stainless steel chemical tankers to Odfjell’s existing pool, the Chempool25.

Following the delivery of the vessels, the pool 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.

The four vessels are expected to enter the pool during Q1 2020. The Chempool25 fleet operates as part of Odfjell’s total commercial fleet of around 80 advanced chemical tankers, trading around the world.

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