Norwegian chemical tanker player Odfjell has shrugged off a dip in its net earnings in the third quarter of its 2024 financial year, claiming that while freight rates come down as predicted from their second-quarter highs, the market remains healthy.
Odfjell chief executive Harald Fotland said: “Odfjell continues to perform well, with another solid result in the third quarter.”
The company revealed it had earned a net profit of $71m during the quarter, down from $88m in the second quarter.
