Twelve months ago theOslo-listed chemical tanker operator posted a loss of $13m.
Odfjell said revenuefor the three months was $266m versus the $256m seen in the first quarter of2013.
“Thefirst quarter continued on a slow and disappointing pace as congestion, delaysand bad weather caused operational challenges, inefficiencies and increasedcost,” Odfjell said of the performance of its chemical tanker operation.
“Thisresulted in an unfavourable allocation of tonnage to handle time-sensitivecontract commitments.
