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Odfjell offloads chemical tanker to Taihua for $5m

Photo of Grant Rowles Grant RowlesFebruary 11, 2020
88 Less than a minute

Norway’s Odfjell Tankers has sold 2000-built small chemical tanker Bow Andes to Hong Kong-based Chinese owner Taihua Ship Management, according to brokers.

Both Seasure Shipbrokers and Advanced Shipping and Trading are reporting the sale of the Japanese-built 16,000 dwt vessel for $5m. The tanker, which has a special survey due, is valued by VesselsValue at $5.23m.

If confirmed, the acquisition will grow the Taihua fleet to 13 vessels made up exclusively of small oil and chemical tankers.

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Photo of Grant Rowles Grant RowlesFebruary 11, 2020
88 Less than a minute
Photo of Grant Rowles

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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