Odfjell SE - Chemical Tanker Industry Update
Introduction
Strategy update
ESG
Tank Terminals
Capital Allocation
Odfjell Terminals US has secured a refinancing of its debt facility that enables the
terminal to execute on its growth potential
Odfjell Terminals Houston
BAY15-
STORAGE BILDG.
0000
BAY #14
Phase 1: Bay 17
BAY 18
STORAGE BLDG.
BAY 105
BAY 14
Phase 2: Bay 13
Phase 3: The Point (partly financed)
BAY B
WHARF #1
FROPERTY LIV
0000
0000
(*)
The Point
Development
Current capacity: 380k cbm, 119 tanks
O Built: 1983
O Capacity growth potential: 180k 200k cbm
© 2019 EBITDA (Odfjell SE share): USD 19 mill
BAY #19
O Capex plan: Bring three tanks back
into service
O Construction period: 2019-2020
O Capex projection range (Odfjell SE
share): USD 1.8 - USD 2.5 mill
O Estimated EBITDA (Odfjell SE
share): USD 0.4 - USD 0.5 mill
8
O Capex plan: New speciality chemical
tanks servicing truck, rail, ship and barge
modalities
O Planned new capacity: 30k - 35k cbm
OFID to be concluded shortly
O Construction period: 2021-2022
O Capex projection range (Odfjell SE share):
USD 23 USD 25 mill
-
O Estimated EBITDA range (Odfjell SE
share): USD 2.8 - USD 4.3 mill
00000be
BAY
BAY
BAY
BAY
O Plan: New speciality chemical tanks
servicing truck, rail, ship, barge and
pipeline modalities
O Planned capacity: 150k - 165k cbm
Two deep water docks
O FID to be taken when anchor customer
signed and attractive returns secured
O Construction period: 2022 - 2026
O Capex projection (Odfjell SE share):
USD 88 USD 113 mill
-View entire presentation