Investor Presentaiton
ROIC
Odfjell at a glance
Odfjell Tankers
Odfjell Terminals
Capital Allocation
Summary
The company has been transformed during the past few years and is today
standing on a solid platform ahead of an expected cyclical upturn in our markets
Sample of company specific achievements the last years...
Significantly reduced our opex/day
Reduced our G&A
Sold non-strategic terminals
with healthy gains
...which has been important
achievements in a 10-year low cycle
12 000
-32%
100
-26%
400
90
100
10 000
8 000
wasn
300
80
11 053
USDM
95
200
392
70
93
6 000
7 528
100
90
60
68
107
4 000
50
0
%
85
2012
2019
2012
2019
Cash gain
Equity gain
Brought Odfjell Terminals
back to profit
Concluded the largest fleet
renewal in the Odfjell's history
Significantly improved the
efficiency of our fleet
-26%
80
75
70
0
30
321
20
10
11%
Vessels
232
40
22
30
20
40
40
Tonnes/day
20
18
16
21.0
Low cycle
14
0
24
10
15.4
12
-13%
-10
0
10
2012
2019
Redeliveries
Additions
2009
2019
4
Global chemical tanker fleet utilisation
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
Mid/high
cycle
Low cycleView entire presentation