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New ships<br />
<strong>Odfjell</strong> expands its chemical tanker fleet<br />
<strong>Odfjell</strong> has recently acquired five chemical<br />
tankers at a total price of about<br />
US$ 130 million. Four of the tankers<br />
are second-hand ships with stainless<br />
steel cargo tanks, built between 1995<br />
and 1997. The fifth is a newbuilding<br />
delivered from China.<br />
M/T Giada D (10,115 dwt - year 1996) is<br />
built in Italy, and was delivered September<br />
12th from Italian owners. The vessel<br />
has been renamed Bow Querida.<br />
M/T Euro Azzurra (13,843 dwt - 1997) is<br />
also built in Italy, and will be delivered<br />
late 2006/early 2007 from English owners.<br />
This ship is acquired by a Norwegian<br />
50/50 joint venture company owned by<br />
<strong>Odfjell</strong> ASA and Kristian Gerhard Jebsens<br />
Skipsrederi AS.<br />
M/T Brage Atlantic (17,460 dwt - 1995)<br />
and M/T Brage Pacific (17,460 dwt -<br />
1997) are both built in Norway. The vessels<br />
are bought from Norwegian owners,<br />
and delivery will take place in first and<br />
second quarter 2007.<br />
On September 13th 2006 a joint venture<br />
company in China, owned 49 % by<br />
<strong>Odfjell</strong> ASA, took delivery of a newbuilding<br />
of 3,850 dwt, M/T Bao Hai Tun. This<br />
chemical tanker with MarineLine cargo<br />
tanks will operate in the Chinese domestic<br />
market.<br />
Further, <strong>Odfjell</strong> has sold M/T Bow Heron<br />
(35,289 dwt - built 1979) to Norwegian<br />
owners. She is built in Norway in 1979<br />
and has mainly coated cargo tanks. The<br />
ship will be delivered to the new owners<br />
in November 2006.<br />
M/T Giada D, renamed Bow Querida<br />
M/T Euro Azzurra<br />
M/T Brage Pacific<br />
ODFJELL Quarterly September 2006 19
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