Odfjell has reported its first profitable quarter for 2021 in what it described as a “challenging and unpredictable” year.
The Kristian Morch-led shipowner made $15.4m in the fourth quarter, but it wasn’t sufficient to prevent it posting a full-year loss of $33.2m.
“2021 was another challenging and unpredictable year for Odfjell impacted by the Covid-19 pandemic and a weak CPP market,” said Morch.
