Independent journal on economy and transport policy
14:38 GMT+1
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On 1° June the activity of the pool of chimichiere constituted in 2009 will stop from Odfjell and NCC
Divergences between the associates on the employment of the fleet
April 10, 2013
The company Odfjell Tankers of the shipowning group Norwegian Odfjell and the company National Chemical Carriers (NCC), joint venture 80:20 between the Saudis Bahri and Sabic, have announced the next dissolvimento of the pool constituted of 2009 for the business management of a fleet of ships to chimichiere of 40.000-45.000 gross capacities in tons, that the activity will stop on June 1°, 2013 ( on 16 June 2009). Currently the pool, that it is operated by joint venture joint NCC Odfiell Chemical Tankers (NOCT), manages a fleet constituted from 13 ships of NCC property and from five ships of property/control of Odfjell.
The cessation of the activity - Odfjell and NCC have explained - is the result of the different strategies of commercialization of the NOCT ships, with disposed NCC to mainly use the ships in more independent way and in Middle East, in particular in order to satisfy the necessities of the increment of the petrochemical production and the exports from the region of the Arabic Gulf and Saudi Arabia, and inclined Odfjell instead on a worldwide basis continuing the current modality of commercialization of the ships of the pool. The two companies have specified that they will continue the collaboration for the two to chimichiere under construction from 75.000 tpl in Korea, that they will be managed commercially by a NCC branch.
The next 1° june Odfjell Tankers will reopen own trade commission to Dubay, that it will be guided by the managing director Erik Nielsen, current in charge of NOCT. From part its NCC will acquire the quota 50% stopped from Odfjell in NOCT becoming some only owner.
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