Charting a steady course
of sustainable growth
In 2023, we truly saw the results of our organization’s long-term strategic work to ensure the safest, most efficient and sustainable operations. In combination with a robust market, Odfjell delivered its best financial results to date, marking a significant milestone in our company’s 110-year history.
Key highlights 2023
Gross revenue
(million USD)
1194
2023
2022
EBITDA
(million USD)
451
2023
2022
EBIT
(million USD)
294
2023
2022
Total assets
(million USD)
1994
2023
2022
Chemical tankers
68
Port calls
2438
dwt cargo shipped (million)
2.4
Cargo operations
8451
Number of terminals
4
CBM storage capacity (million)
1.2
Number of storage tanks
459
Number of employees
2303
Seafarers
1708
Employees shipping
350
Number of nationalities
25
Carbon intensity reduction for controlled fleet
5
%
Absolute emission reduction (sensitive to fleet size)
8.6
%
AER for controlled fleet
(grams C02 per dwt-mile)
7.15
g
Life at Odfjell
“With every voyage, we contribute to an industry that ultimately serves people all around the world. I am proud that we do this in the safest, most efficient and sustainable way.”
Nicole Ashley Canindo
Deck Cadet, Bow Summer
1
YEARS IN ODFJELL
2023 / ENTRY YEAR
“The people at Odfjell represent diverse nationalities and backgrounds, each contributing with their unique perspectives. Our shared objective binds us together as a unified team.”
Agnes Enesio
President, Odfjell Phils. Inc
16
YEARS IN ODFJELL
2008 / ENTRY YEAR
“Safety first. In the heart of every Odfjell seafarer lies a commitment to never compromise the safety of our colleagues, ourselves, our ships, and our environment.”
Keith John Licatan
Ordinary Seaman
Bow Persistent
5
YEARS IN ODFJELL
2019 / ENTRY YEAR
“Sustainability is not just a question of technology and decarbonization. It is ingrained in our everyday tasks, from port logistics and route planning to customer commitment and team culture.”
DAN FOO
SENIOR SHIP BROKER
14
YEARS IN ODFJELL
2010 / ENTRY YEAR
“Our shared commitment to sustainability and innovation was a major factor in my decision to work for Odfjell and the maritime industry.”
Liselotte Wedervang
Intern, Communications
1
YEARS IN ODFJELL
2023 / ENTRY YEAR