Quarterly December 2010

ODFJELL
DECEMBER 2010
www.odfjell.com
CONTENTS
Odfjell Quarterly
EDITOR: Margrethe Gudbrandsen
EDITORIAL COMMITTEE:
Ellen Skagen, Brit A. Bennett, Matt Duke,
Siri-Anne Mjåtvedt, Helge Olsen,
Marit Beate Simonsen, Theo Kruithof
CORRESPONDENTS:
SINGAPORE: Atle Knutsen
HOUSTON: Rebecca Snyder
Chairman’s Message 04
Landmarks
New top management 05
Bow Chain saved crew from shipwreck 06
Third quarter 2010 results 08
Odfjell Terminals (Korea) keeps growing 10
Odfjell is preparing for EU’s Advance
Cargo Declaration Regime 11
Deadline next issue:
February 25th, 2011
Design: Bruno Blanchard, Cox
Graphic production: Ilana Landro Pinker, Cox
Print: Scanner Grafisk
Cover: “The Lord of the Rings” – painting of the new bowmark after
the change of name NCC Jubail to Bow Jubail during drydocking in
Singapore May 2009. Picture is taken by John B. Jakobsen.
Portrait
Back to Europe 14
Briefings
Value for Money 16
SAP Human Resources implementation in Bergen 18
Voyage 2010 19
Sustainable shipping 20
Texts submitted to Quarterly may be subject to editorial adjustments.
Bow Riyad deck crew member in action during drydock in Bahrain February 2010. Picture taken by Gunnar Eide.
QHSE on the agenda
Health, Safety and Environment in Odfjell 22
Odfjell Terminals (Dalian) Restoration 23
Sea and shore
OOTS 10th anniversary party 24
Customer
NOCT seminar in Dubai 25
Performance meeting with Braskem 25
In society
Gift to the Norwegian Church Abroad 26
Personnel 27
Fleet and terminals 30
Offices and addresses 32
ODFJELL
QUARTERLY
magazine
Dear Colleagues,
So does this mean that we are generally unhappy with our
performance in the shipping segment? No, that is not the
case. We have seen improvements in some areas such as
for example a reduction in cargo handling incidents and
less failures resulting in unscheduled offhire and are happy
with that. But we have also seen some negative trends. My
biggest concern is of course the fact that we have had some
very serious accidents, which means that we just have to
continue focusing on improving our QHSE performance.
On the shipping side the main challenge has been the
market, which during 2010 has remained very soft. The
main reason is oversupply seemingly because the market
has just not been able to absorb the growth of the fleet
during recent years. The question many ask is if we
have seen the bottom of the cycle and consequently, if
things from here on will start to improve? There are signs
indicating that this could be the case. Only time will tell
of course, but from our perspective, it is at least good
to see that most forecasts now show a lower growth of
supply as opposed to demand, which theoretically should
result in higher prices. When evaluating the chemical tanker
market and prospects going forward there is also a new
trend to reflect upon; namely the recent development by
12
19
14
which our services have become increasingly commoditized. By that I mean that a growing number of charterers
seem to be taking a shorter view on things, main focus
being to get the maximum out of the market situation with
little or no consideration to what it takes in terms of cost,
effort and risk to provide our type of services. As a result we
need increasingly to focus on serving the customers that
both demand the highest performance in terms of safety
and reliability, but also share a longer view on a sustainable
relationship.
Recent transactions within our segment of shipping
demonstrate clearly that the market does not support
reinvestment in the large and sophisticated type of parcel
tankers which we have built and used to serve the industry
over the last 40 years, and as a consequence therefore
increasingly nowadays seem to be taken for granted. As
things stand today, it goes without saying that a repricing
is needed for our industry to deliver sustainable results to
our shareholders.
All of you may not have noticed, but this year, starting with
a seminar here in Norway last May, we have adapted and
introduced an Integrated Management Cycle, which means
that important processes such as updating of our strategy,
business planning, budgeting, annual appraisals and salary adjustments are organised and timed in sequence. The
idea has been that each process sets the stage and provides
the necessary input for the next. At the time of writing we
have finished the budget process and have just embarked
on the annual employee appraisals. In that context we
have further improved the format and additionally, are
placing more emphasize on identifying individual targets
in support of our corporate goals. I hope all of you utilize
the appraisals as an opportunity to identify and address
issues or practices in need of improvements. On that note I
like to thank you all for your valuable contribution and hard
work in 2010. Let’s hope next year will turn out better as far
as the chemical tanker market is concerned and consequently for all of us, more prosperous and rewarding. In the
meantime I wish you all a peaceful and happy Christmas
and Holiday Season.
NR.04/ 10
Jan A. Hammer
Today is November 23 and this year is about to come to
an end. That means that we know with a high degree of
certainty what 2010 is going to look like for Odfjell. In as
much as we had planned and budgeted for an improvement of our financial results as compared to 2009, it is quite
obvious that 2010 will go into history as a big struggle and
disappointment. And this will be the case despite the fact
that we have continued to do very well as far as our tank
terminals are concerned. This validates on the other hand,
our business model which states (among other things) that
we combine shipping with terminal operations in order to
level off the cyclicality of shipping. It has been especially
encouraging to see the stronger contribution from our new
terminals in the Middle East and Asia/Pacific. Also I must
admit that our achievement in qualifying for the new developments in Tianjin, China give reason to be very pleased.
So I would like to give credit herein to everybody involved
with these projects. Thanks for a job well done!
3
chairman’s message ODFJELL QUARTERLY magazine
FILIPINOS
IN ODFJELL
Laurence W. Odfjell
4
The theme of my last Chairman’s Message
revolved around how Odfjell as a Company
is part of Norway’s history and tradition as
a shipping nation. Just as we recognize the
importance of our Norwegian seafarers,
I would also like to dedicate a message to
the role and contribution of our Filipino
seafarers and colleagues, now after 25
years of service and with Filipinos today
representing our largest contingent of
employees. A little history:
For Odfjell, the introduction of Filipinos
started in the mid eighties when shipping
was experiencing a severe crisis, at the same
time as the offshore industry in the North
Sea was booming. This led to a shortage of
officers and crew for Norwegian flagged
vessels and recruitment of seafarers was
minimal.
In 1985 Odfjell searched and selected The
Philippines as the best overall source for
recruitment of future overseas seafarers to
complement our Norwegian seafarers. Of
course, The Philippines is a nation of islands,
so nobody lives too far from the sea. We
entered into discussions with Magsaysay
Maritime Corporation (MMC) and by mid
1985 entered into a crew agreement for ‘old’
Bow Cedar. The crew consisted of junior
officers, junior engineers and ratings. Senior
management remained Norwegian.
The change on Bow Cedar turned out a
success, and more qualified officers and
crew were available, so by end of 1985 three
more of the Polish built B76 vessels were also
manned similarly.
Another milestone occurred in 1997 through
the purchase of Chemical Tankers of America
(CTA). The three CTA vessels had full Filipino
crew complement and thereby these vessels
introduced the first Filipino senior management officers in Odfjell. But there remained
a glass ceiling for Filipino officers within
Odfjell – and as a result we lost some very
good officers who left to work as senior
officers for other companies.
And then, in 1999, Odfjell decided to remove
the glass ceiling and promoted Filipino
senior management from our own ranks of
junior officers with the delivery of the Master
Class vessels. Our first Filipino captain and
chief engineer joined Bow Pilot in December
2000.
In this short article, we also have to remember those Filipino seafarers who suffered
the ultimate consequence when working
on Odfjell owned vessels. We shall not forget
the tragic loss of lives when Bow Mariner
exploded and sank in 2004. This was a
singular tragic event in our Company history
and it changed the philosophy on how we
would manage our ships. After years of
using third party management companies
for a certain number of our ships, we decided
that all Odfjell owned ships should be
managed by ourselves. This led to the
establishment of our Singapore based Fleet
Asia in November 2004 and a tremendous
increase of 15 ships with full Filipino complement. Many of our Filipino officers had
to work extended periods at sea because we
simply did not have enough replacement
officers.
As the saying goes, if you want to have the
personnel with the right attitude, qualifications and training, you need to develop them
yourself. Already in 2001 we searched the
various training facilities in The Philippines
to see whether dedicated training for the
particular needs of our complex operations and procedures could be accommodated. We ultimately decided to establish
our own training centre in Subic Bay jointly
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with Wärtsila, with the purpose of carrying
out the majority of the training in-house
for all our Filipino seafarers - officers and
ratings. This training centre is today known as
Odfjell Academy in Subic Bay. In 2006 we also
started exploring possibilities to establish
an Odfjell internal cadet programme, and
subsequently we established our cooperation with John B Lacson Maritime University
in Bacolod.
Odfjell’s activities in The Philippines further
increased by the end of 2007 when we
established Odfjell Ship Management
(Philippines) Inc and during 2008 also established a partnership for a manning company,
Odfjell Philippines Inc. On shore we have
also in recent years introduced a few Filipino
senior management and ratings to serve in
management and training roles at some of
our terminal locations, much as we did with
our Norwegian officers in the 1980s.
This has been a tremendous success story
over the last 25 years. In recent months, however, we are disappointed to have learned of
irregularities by certain individuals at our
Manila offices and on a few ships. I know
that for many of our good, loyal and proud
Filipino colleagues at sea and at shore, this
is a shared disappointment. Our belief in the
need for Open and Honest communication
has, however, only been strengthened and I
want to thank our many Filipino colleagues
who have contributed in unravelling the
irregularities.
Over the last 25 years, our Filipino colleagues
have in large measure proven their dedication, loyalty and contribution to Odfjell.
Today our talent pool of Filipino officers
and ratings is one of our building blocks as
a Company.
Maraming Salamat. And stay safe to all.
LANDMARKS ODFJELL QUARTERLY magazine
New top management
organisation in Odfjell
This autumn a new organisational
structure for the top management group
is in place. The executive management
group has been extended, now also
including the heads of the operational
units. Quarterly asked Jan A. Hammer
President/CEO about the changes.
Why make changes to the organisational
structure and what are the expected benefits?
– Well, let me first emphasize that we are talking about adjustments and not substantial
changes. We are in fact just going from a two
tier to a one tier management organisation.
The purpose and benefit are that the new
structure will bring closer contact and better communication between the operating
units and the staff/support departments.
Odfjell has recently appointed a new Senior
Vice President for HR with responsibility for
all shorebased and seagoing personnel. What
is the rationale for introducing this position
and the new way of organising this huge and
diversified area?
– Although our business is capital intensive with expensive ships and terminals, we
depend on the quality and competence of
our human resources. We are more than
3,700 people in Odfjell, and we all know
that the quality and competence of our
employees, more than anything else, make
a difference. Hence, the purpose with the
President/CEO
Jan A. Hammer
SVP/CFO
Haakon Ringdal
SVP/Corp. Inv.
Tore Jakobsen
SVP/QHSE
Jan D. Lorentz
NR.04/ 10
By Margrethe Gudbrandsen
5
SVP/HR
Harald Fotland
SVP/Ship Management
Helge Olsen
new position as SVP/HR is to provide for a
better management and administration, all
aspects included, of our human resources,
both at sea and ashore.
Chartering and Operations are also regarded
as one department now, what will be the
benefits of such a structure?
– The question about the organisational
structure of Chartering and Operations
SVP/Operations
& Chartering
Morten Nystad
President Odfjell
Terminals
Atle Knutsen
has to do with communication and cooperation. Historically we have tried different models, with mixed results, plusses and
minuses included. The purpose of bringing
it all under the responsibility of one person
is to provide for improved communication
and co-operation between the two units.
But this is potentially a first step only. As
you know, we have a process going by which
we are also evaluating other organisational
changes within Odfjell Tankers.
NEW IN ODFJELL - HARALD FOTLAND
Mr. Harald Fotland has been appointed SVP Human Resources and will start the new position in December 2010. Mr. Fotland
is 46 years old, from Bergen. He is a graduate from the Royal Norwegian Naval Academy and the University of Bergen, and has
seagoing experience both as commanding officer in the Norwegian Navy and as Chief Mate on passenger vessels. After going
ashore Mr. Fotland worked for the Bergen-based ship management company Vista Ship Management as HR Manager. He is
currently employed by the marine insurance company Gard as Vice President and heads their casualty department. In Gard,
Mr. Fotland has also held various management positions related to loss prevention and risk assessment.
odfjell quarterl y maga z ine
LANDMARKS ODFJELL QUARTERLY magazine
Bow Chain saved
crew from shipwreck
On 15 November, M/T “Bow Chain” picked up two persons and a dog from a wrecked sailboat in the South China Sea. The rescued
were in good health, and there was no need for any medical assistance. Bow Chain performed an excellent rescue operation. And
Odfjell’s local agent in Xiaohudao did a great job to secure permission for the visa-less sailors to disembark Bow Chain in the port
of Xiaohudao in China. Read the full story written by the saved crew.
We set sail from Labuan on the 2nd of
November 2010 heading for Hong Kong. I
had obtained three weather forecasts: three,
five and seven days ahead and they were
all favourable. On the 9th November, after
sailing for only 12 hours and motoring the
rest, we obtained a weather forecast from
a passing cargo ship, which was good, fair
weather all the way to Hong Kong.
6
I managed to download a weather fax on the
10th November, which showed the formation of what turned out to be a tropical depression. However, this did not alarm us, as
our boat Mandarina, a John Alden designed
Off Shore 44 foot ketch, is an excellent ocean
going yacht.
On the 11th November, the weather was
deteriorating fast, and another forecast
from a passing cargo vessel confirmed the
presence of the depression. The wind and
seas were building, swell and waves up to
15 metres and 8 Beaufort winds with gusts.
We sailed all day, but due to the building
seas, turned down wind for the night. The
following morning, 12th November, we
re-set course for Hong Kong and were
sailing with much reduced sail, but still
making head way. That evening, I set our
cockpit awnings on the weather side, started
the engine, and decided to hold course
throughout the night. We made up a
temporary berth in the centre cockpit,
and prepared to sail the night. We had our
life jackets on and were “clipped on”. The
engine was helping climb the large waves.
At 19:45 we were “knocked down” by a huge
wave. Mandarina was laid on her side for
several minutes. The awning had split with
the weight of water and the cockpit was
filled with green water. This destroyed all
our instruments and the engine stopped.
Mandarina righted herself and the cockpit
drains coped with the water.
We reassured ourselves that we were all OK,
alive, wet, but unharmed. I surveyed the
boat, not a pretty sight! Water had found it’s
Captain Ken H. Hepsø and his crew on Bow Chain saved two sailors and their dog in stormy weather in the South China Sea
way into each cabin and was sloshing everywhere. The automatic bilge pumps were
working and soon the interior was dry...ish!
The engine was dead, so I ignored that and
started to dry the electronics out as best I
could. One by one they blinked back into
life. The anemometer showed a maximum
wind speed of 56 knots.
After several hours we were under way again,
under the main sail, the genoa had split in
the knock down, and was furled away. We
had paper charts for the whole passage to
Hong Kong, but none for the area we were
now in, and the electronic chart cartridge
was soaked and not working.
The morning of the 13th came, and we set
our storm jib, in atrocious conditions, on a
spare halyard. It was too windy and the waves
too high to take down the genoa. We did a bit
of tidying up. That night we were forced to
sail down wind again, towing mooring lines
to slow us down.
Sunday 14th, and the wind moderated to
20 knots for a while. We managed to get the
genoa down and away, and set our no. 2 jib.
We could now sail better to windward.
The weather was still bad and we spent the
day tacking backwards and forwards trying
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to make Hong Kong. We were now very tired
and hungry, it was too dangerous to use the
cooker, but still up to the task of making
Hong Kong.
Monday 15th, showed another bad weather
forecast from a passing cargo ship. I telephoned our contact in Hong Kong at 10:30
and asked him to look into the possibility
of assistance from a tug could be arranged,
he said he would try and to ‘phone back
the following day. That afternoon we were
making 1.0 - 1.5 knots but in a more westerly direction. We had cleared Helen shoals,
but were heading close to St Esprit shoals. (I
had marked all hazards on our chart plotter
during our passage planning). After a quick
conference, we decided to hail a passing
Norwegian tanker we had spotted on our
A.I.S., the Bow Chain, and asked them
to contact Hong Kong on our behalf, for
assistance. Hong Kong asked Bow Chain to
attempt to take us in tow. The seas were still
bad, but we made all the preparations.
Bow Chain towed a light messenger line
behind her and we attempted to pick it up,
so we could haul the main towing line on
board. Emmy, our Cretan Hunting Dog,
was below decks, and both of us on the fore
deck. The inevitable happened, we made
contact with Bow Chain, damaging the fore
NR.04/ 10
7
A picture describing the conditions... Before it became dark
stay bracket. The flogging of the sail soon
increased the damage, and eventually the
whole bracket, forestay, furling mechanism,
anchor and part of the G.R.P. bow were loose
and thrashing around. It was only a matter
of time until the main mast came down,
which it did, taking the mizzen mast with it.
The main mast crushed the dog house roof,
flattening it into the cockpit.
fast with lines thrown down from the deck
above, by the pilot ladder. Emmy couldn’t
climb the ladder! The 1st Officer suggested
half an oil drum as a lift, and in she went,
with the grab bag and computer and was
taken on board first. Caz was next, up the
ladder with a sling round her for extra safety.
The timing was critical as Bow Chain was
rolling. I followed her up. We were saved.
As I had taken the hand held V.H.F. onto
the fore deck with me, I was able to keep
in contact with the Captain on Bow Chain,
and after a brief chat, I decided to abandon
Mandarina. Caz had already prepared a
“grab bag” with all the essential documents
in it. We launched the life raft, which inflated
upside down! Caz jumped into the raft and I
threw the grab bag and a computer to her.
The computer contains 5,000 ‘photos!
The whole rescue had taken place in darkness, just to make it a bit more challenging
for Bow Chain and her crew. When we were
all aboard, the crew was most concerned
about us, but, after a hot shower, dry clothes
and a meal, we were on the mend.
Next I got Emmy up from below, clipped her
life line onto the life raft painter, and threw
her into the water, Caz got her on board the
life raft. Next I tied myself onto the painter,
kissed Mandarina, our home for the last
10 years goodbye, and took to the water. I
pulled myself to the life raft with Caz’s assistance, but was too tired to get on board, so I
stayed in the water to preserve my strength.
The Captain of Bow Chain stood off, ready to
receive us and we were able to make the raft
ful rescue in less than ideal conditions. We
have been very well looked after, though we
must have caused Captain Hepsø numerous
headaches due our presence on board.
Thank you all very much indeed!
Jerry & Caz Flint and Emmy.
Yacht Mandarina
As an aside, I emailed our contact in Hong
Kong the following morning and he was
most apologetic. The only tug that the
towing company would send out was a large
4,000 H.P. one, the conditions being too bad
for a smaller one. Bow Chain, her Master, and
her crew managed to affect a rescue in conditions that defeated a purpose built tug!
Words cannot convey our relief of being safe
and sound on Bow Chain.
Captain Hepsø, his officers, cadets and crew
behaved in a professional, competent, and
confident manner in what was a stress-
odfjell quarterl y maga z ine
The Flints (properly dressed up) and Emmy, just before
disembarking in China
LANDMARKS ODFJELL QUARTERLY magazine
Third quarter 2010 results
– Tank terminals ease some of the pain
By Tom A. Haugen
The figures released mid
November continues in the
red. The challenges on the
shipping side remains. Too
many vessels chasing the
same cargo, pressing rates
even down, and the cost
side keeps growing.
The Odfjell time charter index fell another 3% from
the second quarter and our current earning-level is
where we were in 2003. Our cost base has increased
steadily and significantly during the same period
and with the market’s inability to pass the increased
cost on to our customers, we saw another quarter in
the red. The quarter brought in gross revenue of USD
301 million, the operating result before depreciation,
amortization and capital gain (EBITDA) was USD 35
million, operating result (EBIT) was USD 3 million,
and the net result was minus USD 11 million.
The tank terminal activity remains strong. It generated gross revenue of USD 60 million, an EBITDA of
USD 35 million, EBIT of USD 19 million and a healthy
net result of USD 12 million.
8
With the weak consolidated earnings, our focus has
been, and continues to be, to enhance our liquidity
position. During the third quarter, we carried out
several transactions which will generate USD 144
million in fresh liquidity.
Odfjell Terminals ease some of the pain of the third quarter result 2010
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Unsustainable shipping market
The shipping market as it is today is unsustainable
over the long term. Sale and/or borrowing only
gives a temporary relief. We need to see a significant
recovery in rates before we can say we are back on
track and that our industry is priced at a level that
justifies reinvestment in new capacity.
During 2010 Odfjell has made significant adjustments to our fleet. We have sold or re-delivered ten
vessels in 2010, while we added one newbuilding
and one vessel on long-term time charter. In addition, we have introduced nine vessels on commercial
management.
We expect the tank terminal development to remain
stable assuming continued demand for storage
space, and our solid contract base. We expect a relative decrease of newbuildings to enter the market
in 2011 and that scrapping will remain at healthy
levels. We see that overall trading activity has
increased and we expect slightly improved results in
the fourth quarter.
Flumar sells old ladies
As part of a fleet renewal, Flumar has sold
two of its older vessels Angelim (10,259 dwt/
built 1984) and Jatai (4,452 dwt/built 1979).
Angelim will be delivered to its new owner
later in November. Flumar’s small gas carrier
Jatai has been sold to a Brazilian buyer. The
vessel has been in lay-up since 2009. The sales
will contribute to Flumar’s cash position and
will save future lay-up costs for Jatai.
NR.04/ 10
Following the sales, Flumar’s fleet comprises now
of Flumar Brasil (51,188 dwt/built 2010), which
currently is on time charter to Petrobras, and
Araucaria (10,259 dwt/built 1984), which will
continue to trade with chemicals on the Brazilian
coast, primarily for Dow.
Flumar’s level of activity on the Brazilian coast
requires more parcel tanker tonnage, and the
additional need for tonnage is currently covered
by Bow Oceanic, Bow Atlantic and Bow Querida.
9
Odfjell sells vessels and cancel new buildings
Odfjell has entered into an agreement
to sell two Kværner-class vessels to
Stolt-Nielsen. The vessels are Bow
Century (built 2000) and Bow Favour
(built 2001), which will be delivered to the
buyer first quarter 2011.
After this sale, 14 Kvaerner-class vessels
remain in the Odfjell fleet. The transaction
will yield Odfjell a capital gain of USD 26
million and a net liquidity gain of USD 46
million after repayment of debt associated
with the vessels. The sales price is close to
the construction price when the vessels
were new 10 years ago and reflects Odfjell
extensive maintenance programme and
continued high newbuilding prices for this
type of sophisticated vessels.
total net liquidity from these transactions
amounts to USD 144 million. – With the current weak market and the attractive price we
got from Stolt, the decision to sell is a sensible business decision to make. We still have
fourteen Kværner vessels in our fleet, which
together with the eight modern Polish ships
will continue to be our core fleet for many
years, says Jan A. Hammer President/CEO.
Odfjell sells ship for recycling
Odfjell has agreed to sell the MT Bow Panther (40,263 DWT/built 1986),
a parcel tanker with coated tanks, for recycling in India.
The vessel will obtain Green Passport
prior to delivery and Buyers undertake
that the recycling yard shall submit a
working plan corresponding to IMO
guidelines for ship recycling.
Cancellation of newbuildings
Odfjell has recently completed a number of
measures to increase capital and to secure
liquidity. In addition to the above, Odfjell
cancelled three of six newbuildings in China,
secured a USD 225 million refinancing of five
vessels and secured a USD 25 million longterm financing associated with the Flumar
Brasil newbuilding delivered in 2010. The
odfjell quarterl y maga z ine
LANDMARKS ODFJELL QUARTERLY magazine
Odfjell Terminals (Korea)
keeps growing
By Sang-Ki Lee
10
Contract signing ceremony on September 15th 2010
Odfjell Terminals (Korea) (OTK) keeps growing and is
now ready for the E-4 project. The contract for the E-4
project was signed on September 15th at the Seoul headquarter of ISU Engineering & Construction Co., Ltd’s.
The E-4 project contains a total of 15 tanks with a capacity of
63,120 cbm. The project is expected to be completed by the
end of October 2011. Upon completion of E-4, OTK will reach a
capacity of 313,710 cbm and have a total of 85 tanks.
For more efficient truck loading operations, one additional truck
bay will be constructed at the existing truck loading area. Also,
the vapor combustion unit (VCU) installed in connection with
the E-3 project will be upgraded together with tank and truck
vapor connection systems. The new expansion of capacity is also
designed to accommodate storage of propylene oxide.
Replacement work at northland
The contractor has already started the work on-site and is
committed to complete the project on time and in compliance
with our high QSHE requirements for any work on our premises.
Good operational performance
The terminal is now operating at a consistently high level of
utilization and has reached record throughput this year. Likewise, the number of vessels calling the facilities is increasing and
vessel number 3,000 should call OTK during November.
OTK has high focus on QSHE and prides itself of its good performance record with regards to both operational and safety yardsticks. At end of October, OTK has made 986 days without any
lost time caused by injuries.
Replacement work at southland
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Odfjell is preparing for EU’s
Advance Cargo Declaration Regime
By Jan Peder Arnesen and Odd Jarle Pollen
The rules on EU advance cargo declaration will
apply in addition to existing customs rules laid
down in the Community Customs Code. This
regime was initially scheduled to enter into force
on 1 July 2009 but has been delayed to 1 January
2011. For Odfjell the most important change
is the liability to declare the required cargo
information in advance to the customs office is in
principle with the carrier or his representative.
The main process
carrier will have to submit a “diversion request”.
Advance cargo declarations must be done
electronically. As EU has not been able to establish
one single EU-wide computer system the declaration will be different in each individual member
state. Odfjell has signed a contract with Descartes
who will provide the interface/connection with
each member state’s computer system. The data
required from the EU countries are on a Bill of
Lading level.
The main process is the pre-arrival filing of the
entry summary declarations (ENS) for all EU
bound shipments on the means of transport.
The ENS must be filed to the first office (country)
of entry in EU, and for bulk shipping the time limit
is latest four hours prior to arrival.
Centralized in Rotterdam
The customs office will analyze the cargo
information received in advance with the aim
to identify potential serious safety and security
risks. In case of import of goods, the carrier
will also have some additional obligations. The
carrier will have to submit an “Arrival
Notification” (AN) and in cases of diversion, the
We have made a single point of contact in Odfjell,
named ICS EU, where all information regarding
cargoes will be gathered.
Odfjell has decided to centralize the input via
Odfjell Netherlands in Rotterdam, who will add
the declarations through Descartes on behalf of
Odfjell Tankers AS, Odfjell Tankers Europe AS,
Odfjell UK and NCC Odfjell Chemical Tankers JLT.
Export from EU must be handled by our customers
through their standard way of customs handling,
wherefore we are not involved in that process.
Norway must take part
responsibility in the Gulf of Aden
Norwegian Maritime Labour Organizations and Norwegian Shipowners’
Association have jointly sent a letter and
requested a meeting with the Norwegian
Prime Minister Jens Stoltenberg, to
discuss the serious situation and the
lack of Norwegian naval presence in the
Gulf of Aden.
Captain Ole Morten Sandquist on HNoMS Fridtjof
Nansen meets Toralf Sørenes, VP Risk Manager in
Odfjell before departure to Gulf of Aden in 2009
– As one of the world’s largest shipping
nations, a strong commitment by Norway to
participate in securing free and safe navigation on the oceans should be expected. Of
the ten largest maritime nations in the world,
Norway is the only country not participating
in the military forces in the Gulf of Aden, says
odfjell quarterl y maga z ine
the organizations in a joint letter to the Prime
Minister.
The organizations refer to the serious situation Norwegian and international shipping is facing in the Gulf of Aden and the
Indian Ocean. The letter states that the
organizations are of the opinion that it is
only a matter of time before we will experience hijacking of Norwegian ships, with the
seafarers’ health and life ultimately ending
up at risk. As representatives of the crew and
owners of the Norwegian ships, they are very
concerned, and feel it imperative to make the
Prime Minister aware of the seriousness of the
situation.
NR.04/ 10
Following the terrorist attacks
of 9/11 in the US and the subsequent US regime on advance cargo
declaration, the European Union
(EU) adopted its own regime of
advance cargo declaration in 2005.
11
LANDMARKS ODFJELL QUARTERLY magazine
12
Extensive pump station with a.o. 28” (71 cm) jetty lines
Ship and palm trees – our terminal in Oman
Terminal in the spotlight:
Oiltanking Odfjell
Terminals in Oman
By Theo Kruithof
Our global terminal network has been expanding rapidly during the last couple of years.
One of these new ventures is our ‘greenfield’ terminal in Oman, Odfjell Oiltanking Terminals (OOT)
– a joint venture with Oiltanking, Oman Oil Company and Seven Seas.
Located in the fast growing Port of
Sohar, OOT has been operational
for just over two years now. Time
for an insight view. We have spoken
with Mr. Zeger van Asch van Wijck,
who has been CEO of OOT since
January 1, 2010.
Zeger van Asch van
Wijck, CEO of OOT
One of the largest
– OOT is being constructed in different phases. The first phase of
322,000 cbm for storage of clean
petroleum products, but also a
chemical tank (for lineair alkyl
benzene), was commissioned in
August 2008. By the end of 2008,
another 216,500 cbm became
operational, also for the storage
of clean petroleum products and
some chemicals (methylene diphenyl isocyanate/MDI). In April 2009,
yet another phase was commissioned, adding 304,000 cbm of storage for bulk chemicals and gases. This
last phase was linked to the adjacent
aromatics production plant of
Aromatics Oman. This totals the current 842,500 cbm, making the terminal
one of the largest and most diversified
terminals in the region, says Zeger.
w w w . odfjell . com
Jetty management
– In addition to our storage activities, we also perform the jetty management operations for the refinery
(Oman Refineries and Petrochemicals
Company, ORPC) and the methanol
producing facility (Oman Methanol
Company, OMC) which are also
located within the Port of Sohar, says
Zeger.
Growth
But there is more to come. By Q2
2011, OOT expects to commission the next two phases, adding
NR.04/ 10
OOT’s office
another 425,000 cbm, all for clean petroleum products. The new total capacity of
the terminal will then be an impressive
1,267,500 cbm. And yet OOT has plans to
expand even further. – We still have about
10ha of available land that can be used for
further expansion phases. We hope to have
some announcements soon, Zeger adds.
Obviously, the start up of OOT’s operations
came at an ideal time: the Middle East Gulf
region was short in tank space availability
and OOT was one of the first new terminals
to jump on this positive wave. In the meantime, numerous new projects have been
announced, especially in Fujairah, somewhat changing the landscape of supply and
demand. - Still demand is healthy for the
existing tanks; however selling new built
tanks is not as likely anymore as in our start
up years, especially for clean petroleum
products and fuel oil. The current financial
climate requires an even stronger business
case than in the past, with longer contract
terms, etc., says Zeger.
The Omani style
We also asked Zeger to tell us more about
the Omani life-style, the country’s way
of doing international business and the
terminal business in particular. - What
makes Oman unique? For instance, the outspoken and decisive way the Omani Government has launched a plan (in early 2000)
13
to reduce the country’s dependence on oil
and expat labor, says Zeger. With the Omani
Government Zeger means the reigning
Majesty Sultan Qaboos bin Said Al Said who
has been ruling the country since 1970.
And he continues: – The Port of Sohar is a
very good example of this strategy: in a few
years’ time, an entire new port has been
developed. The Sohar port shelters various
industries ranging from metal processing
factories, a container terminal, a fertilizer
plant, a refinery and various downstream
petrochemical and chemical factories. OOT,
being the only independent liquid bulk
terminal in the port, handles all the bulk
liquids via its jetties and storage tanks. We
have the responsibility to accommodate
every new activity in the port that involves
the handling of liquids. This requires a very
accurate planning and often impose huge
operational challenges. Another example
is the Sultan’s commitment to create employment for his people. This policy clearly
distinguishes Oman from the neighboring
countries. Expansion requirements for third
parties and tenants within the port need
to be well harmonized with an “omanisation” level of about 70%; this is expected to
grow even further to 78%. Clearly this has an
impact on the overall HR strategy.
Obviously the temperatures in Oman are
very high, especially in summer when
odfjell quarterl y maga z ine
temperatures can exceed 50 degrees C.
This requires special attention when talking about storage solutions for particular
products. These solutions can be totally
different compared to other parts in the
world. Products may require cooling where
heating was in place in for instance NorthWest Europe. – And also typical for Oman,
OOT has nice palm trees growing at the
terminal, crystal clear water in front of our
jetties and every now and then even turtles
floating around, Zeger adds.
– Life in Oman is in fact totally different from
that in The Netherlands. As you can see there
is a lot going on in this area and with many
challenges still to come. It is a great place
for living and working, with very pleasant
colleagues, Zeger ends.
Facts ON OOT:
• Total capacity: 842,500 cbm.
• 39 tanks, ranging from 1,700
to 55,000 cbm.
• 6 berths for deep-sea tankers
(52,4 ft depth alongside).
• Truck and iso-tank
container handling.
• Pipeline connections
to local industry.
• Expansion by 425,000 cbm
(15 tanks) ready Q2-2011.
PORTRAIT ODFJELL QUARTERLY magazine
Back to Europe
By Theo Kruithof
Some weeks ago Mr. Atle Knutsen was appointed President Odfjell Terminals BV, officially taking over the helm from
interim President Jan A. Hammer. Currently Atle holds the position of Senior Vice President with responsibilities for
Odfjell Terminals in Asia as well as for Odfjell Asia and Odfjell Singapore. He will take up his new position per January
1st 2011, for the time being still from his office in Singapore, but during first quarter he will relocate to Odfjell
Terminals’ global headquarter in Rotterdam.
14
Atle has been working for Odfjell since 1972
and during these years he has gained broad
experience both in shipping and in terminals.
Odfjell Quarterly spoke with Atle about his
upcoming challenges and responsibilities.
Without going in to too many details; I believe
that we have quite a few “terminal seeds in the
ground” that will develop into new successful
terminal projects and facilities. They will be
announced in due time.
Q: Having worked for Odfjell for quite some
years, you have seen the build-up of Odfjell
SE’s entire terminal network. Especially during
the last decade we have witnessed substantial
growth. Can we expect further growth in the
near future? If so, can you lift a corner of the
veil? What are the driving forces behind such
investments?
The driving forces for the terminal investments
is Odfjell’s strategy for terminal development,
business stability as well as how it complements our global shipping activities. Of course,
we see a strong demand for international
quality service providers such as Odfjell in
certain locations around the world.
last to take along into the terminal business.
Remember, oftentimes we underestimate that
these are highly complementary activities
from a commercial and operational point of
view as well as being “neighbouring activities”
in the logistical chain. In Rotterdam, I will get
an excellent opportunity to be close to both
shipping and terminals, so I will enjoy the best
of two worlds! I have one recommendation, if
I may, to the many talented people in Odfjell:
do not be afraid of crossing from one mode to
the other. It will help you put things into perspective.
Q: Being responsible for, amongst others, our
terminals in Asia, you have known Odfjell
Terminals BV from the inside ever since it was
established early 2008. What will be the main
spearheads you will be focussing on?
Q: So, a new chapter in your career, bringing
you back to Europe after close to eight years of
working in Singapore. Are you looking forward
to living in The Netherlands? What are you
going to miss from Singapore?
A: First of all to meet with as many as possible
my colleagues working in the Odfjell Terminal
network to learn from and tap into their
experiences. I believe that the main focus going
forward will be to secure access to and develop
new and good terminal projects. However,
equally important, to follow up on the existing
terminals to ensure safe operations, secure
expansions, as well as nurture partner relationships. Odfjell Terminals has a good group of
people whom I consider highly motivated and
ready to take on new challenges. I am looking
forward to working with them.
A: The Netherlands, why not…? I have spent
quite some time in Rotterdam during my
tenure as the head of Odfjell Tankers and I
have high admiration for Rotterdam as a mega
logistics hub. By being present there I can
hopefully learn and participate in improvements in our own operations. I have already
got a copy of a book called the UnDutchables,
which shall prepare me for living in Holland.
I read it with interest. As the winter season is
approaching; I am looking forward to see the
Dutch and the Norwegians competing on the
ice-skating rinks. May the best win.
Q: Most of your career you have been involved
in or responsible for (parts of) our tanker business. Even whilst being VP Odfjell Terminals
Asia you kept certain responsibilities for our
tankers in that region. Your new position is
about managing our global terminal network.
Are you going to miss the involvement in our
tanker business?
From Asia in general and Singapore especially,
I have a lot of good memories and good colleagues, so in that sense it’s sad to leave. It
has been eight interesting years and as I will
be travelling to Asia regularly, I am looking
forward to keeping in touch with my many
acquaintances over the years here.
A: Yes, I remember when we circled around
in the Bayport Basin in a boat in pursuit of
potential terminal sites in 1980 and later the
development in Rotterdam, Asia and the
Middle East. All these events have been important in developing the Odfjell Terminal
Network to what it is today.
The establishment of Odfjell Terminals BV
provides a new platform for further growth.
Odfjell Terminals, together with Odfjell Tankers,
is becoming a distinct brand that is attracting
new business opportunities.
A: With my original background and experience from shipping and understanding the
challenges of that industry, this is good balw w w . odfjell . com
If you come to Rotterdam, please visit.
Let’s go Dutch.
NR.04/ 10
15
Odfjell Terminals in a nutshell:
• 9 fully / partially owned terminals
• Nearly 700 storage tanks
• Total of 3,721,000 cbm storage capacity
• Total of 202,000 cbm stainless steel tankage
• Almost 500,000 cbm expansion ongoing
The associated terminals in a nutshell:
• 10 fully owned + 1 partially owned terminals
• 460 storage tanks
• Total of 743,000 cbm storage capacity
• Total of 40,000 cbm stainless steel capacity
• Almost 168,000 cbm expansion ongoing (incl. 3 new terminals)
odfjell quarterl y maga z ine
Briefings
ODFJELL QUARTERLY magazine
TMS workshop at
Odfjell Terminals (Jiangyin)
By Tor Jürgensen
Catch
‘The Latest’
– New monthly newsletter
of Odfjell Philippines
By Agnes S. Enesio
16
Back row from left: Li Xiaoguang (OTD), Dong-Soon Park (OTK), Dong-Rack Park (OTK), Atle Knutsen (OT BV), Esther
Boender (OT BV), Tom Hagesæther (Odfjell), Wang Jianping (OTD), Wu Keren (PDA) and Zhao Bing (PDA). Front row from
left: Yuan Ying (OTJ), Wu Xiaofei (OTD), Zou Chuande (OTD), Gu Feng (OTJ), Sylvia Low (OT BV), Chester Lee (OTJ), Tor
Jürgensen (Odfjell) and Li Quanyou (PDA).
In November a workshop was hosted by
Odfjell Terminals (Jiangyin) in order to
introduce Odfjell Terminals’ new integrated software solution for terminal
management, maintenance management,
accounting and human resources to the
Asian terminals.
This solution is based on SAP and is called
the TMS solution and is already launched
at Odfjell Terminals (Houston) and at
Odfjell Terminals (Rotterdam). Representatives from Odfjell Terminals (Jiangyin),
Odfjell Terminals (Dalian), Dalian Port
Authorities, Odfjell Terminals (Korea),
Odfjell Terminals BV and Odfjell’s ICT
department participated in the workshop.
– With an increased dedication to openness, we believe that ‘The Latest’ will
be an effective but relaxed tool to communicate and stay connected with our
seafarers, their families and allottees.
We also think it will ‘bond’ seafarers
and onshore personnel together as well
as to keep everyone informed of relevant information, says Tore Henriksen,
Manager Maritime Personnel, Odfjell
Philippines.
The launch of the first issue will be at the
upcoming Crew and Allottees General
Meeting to be held at the Heritage Hotel,
Manila on December 3, 2010.
‘The Latest’ will be issued end of each
month and copies will be sent to all
vessels for dissemination to the seafarers. Likewise printable copies will be
posted at the Odfjell Philippines website
(www.odfjell.com.ph).
Value for Money
- Still time to enter suggestions in 2010
By Jan Didrik Lorentz
The campaign continues and during second and third quarters more than 50 registered proposals were forwarded for
case handling in the business units and evaluated for prices.
We are convinced that our colleagues at sea and ashore still
have many more good and practical ideas that you may share
with us.
Some of the suggestions have good potential for increased revenue, such as modifying ships for more cargo, while others may
save money for Odfjell with very small investments, such as
avoiding expensive large attachments in e-mails between ship
and shore. Others may be good for the environment, such as
using LED lights.
In second and third quarter we have received 23 proposals from
mariners and 29 proposals from office personnel. Of these, five
proposals from the mariners were awarded and eight proposals
from the office personnel were awarded.
w w w . odfjell . com
SOUTH AMERICA
AGENCY SUMMIT 2010
By Gerald Thomas
Another very important topic was our
sub contractors. These are the companies
providing us with different services whilst
in port. They include, but are not limited
to tugs, launches, ship chandlers, cleaning
chemicals, hotels, transport companies and
fenders. Do we have the proper focus on our
service providers and are we getting value
for money?
The summit was attended by our main
agents in South America including members from Agencia Maritima Granel Brazil,
Odfjell Argentina, Bugge and Munchen
Chile, Serpac Peru, Grupoholco Equador
and Boyd Steamship Panama. On the second
From left: Judd Jones, Sigmund Rismyhr, Ivan Vasco, Gonzalo Fernandez, Edmundo Guzman, Nelson Rocha, Caio Fontes,
Marco Aurelia, Knut Øvrebø, Carlos Bussoli, Osvaldo Salazar, Hans Erik Sæther, Cesar Fernandez Biscay, Odd Magne Vik,
(partly obscured). Photo Gerald Thomas.
day of the summit, there were attendants
from Inchcape Shipping Services to answer
questions related to the Hub Service.
The purpose of the gathering was also to
address the cooperation and communication with our agents and in that context,
take comments and viewpoints with regard
to our expectations. Furthermore, considering the fact that our agents are often
communicating amongst themselves about
our company and ships, it gave them the
opportunity to become better acquainted
with each other.
Finding effective solutions at work
By Vanessa Medina and Julie Ann Baracael
On November 19-20 Odfjell Philippines arranged their first ever office workshop. The
workshop was titled “Getting to Yes”, Finding Effective Solutions at Work. The project
team included Vanessa Medina and Julie
Ann Baracael from the QA and Training Department Manila office, with support from
Dr. Jojo Mactal, a clinical psychologist.
The workshop focused on effective communication and conflict management in organizations. The objectives included identification of specific strengths and weaknesses,
and planning of strategies to minimize
weaknesses and enhance strengths as they
may affect the departments and the organisation. Also identifying different styles in
dealing with conflict and developing effective conflict management skills.
The workshop started with an introduction
by Mr. Tore Henriksen, Manager Maritime
Personnel, Odfjell Philippines, focusing on
the importance of a fair and transparent
meritocracy in the organisation. The introduction was followed by various interactive
activities like surveys, role play, group
discussion, team presentation and games.
The whole team was very enthusiastic
throughout the event. Everyone participated in
the games and took turns in the presentation
of their group works. Also our guest and
observer Brit Bennett, VP Human Resources
at headquarters in Bergen participated in the
discussions.
Output
The output of the workshop included an
action plan for the whole group on how to
build on their strengths and eliminate their
weaknesses. A list of characteristics for an
“efficient Odfjell Philippines Team” came up
with the following agreed philosophy:
odfjell quarterl y maga z ine
COMMUNICATION:
Must practice open and honest communication with each other, our clients and our
stakeholders.
CONFLICT MANAGEMENT:
Should be able to identify and apply appropriate conflict handling style in any given
situation.
Post workshop activities include follow
up on the agreed action plan, creation of a
shared interactive folder containing all the
topics discussed.
In addition to being a fun and learning experience for the team, the whole activity has
been a great way to get the employees to
work together in a more relaxed venue.
NR.04/ 10
This autumn, the second South America
Agency Summit was held at the Odfjell
offices in Sao Paulo. The main focus at
the summit was how to improve port
efficiency and at the same time contain
costs.
17
Briefings ODFJELL QUARTERLY magazine
Global approach during payroll workshop. From left: Marianne Mongstad, Astrid M. Strand and Carla van den Berg together with SAP consultants
SAP Human Resources
implementation in Bergen – Phase 1
By: Thomas Hatlestad, Gunvor Senosiain Sørheim and Anne Kari Reksten Holme
18
Agresso has been the preferred
personnel system for land-based
personnel in Odfjell. The project
of replacing Agresso with a new
platform and new global processes
was initiated back in January
2008. The chosen platform is SAP
Human Capital Management system
(SAP HCM), and the replacement
process is now in the so-called realization phase, the system staging
phase before the first go live at the
pilot location which will be Bergen.
The first salary paid from the new
system will be in May 2011.
The SAP platform will be able to support global
HR processes in all Odfjell business units
onshore and we decided to start setting up the
system to support the following areas:
- Personnel administration (preparation for
employment, employee registration,
employment termination)
- Time management
(absence and time registration)
- Travel management (travel account)
- Salary payment
- Salary adjustment
- ESS (Employment Self Service) & MSS
(Manager Self Service)
- Reporting (both management
and general reports)
New self service portal
Prior to selection of SAP we conducted an
analysis phase and the main conclusion was
that there exists a good fit between our needs
and the core functionality in SAP. There is great
potential to offer our users across locations
more streamlined and better processes along
with highly improved user experiences, both for
end-users and HR professional users. As part of
!
Sightseeing in Bergen with our colleagues from
Rotterdam and Houston. From left: Carla van den
Berg, Esther Boender and Rebecca Snyder
w w w . odfjell . com
the new system, we will establish a self-service
portal including both an employee self-service
(same as in Agresso today) and a manager selfservice section with improved features and
functionality for managers worldwide.
The way forward
Currently consultants from SAP and personnel
from the HR-department are defining the final
details of the requirements for setting up the
SAP system to support Odfjell’s needs. This process will go on until February 2011, followed by
a test phase where we will test integrated Odfjell
HR business scenarios in SAP. The test period
will last two months, and will be followed by
final preparation, training and staging of production environment phase before we go-live
in May 2011.
The project team
A core project team from Odfjell has been
involved during the whole process. Thomas
Hatlestad from the ICT department in
Bergen is Project Manager. Business coordinators and points of contact are Anne Kari R.
Holme (the shipping side) and Marjan Vrijvogel
(the terminal side).
Voyage 2010
By Theo Kruithof
NR.04/ 10
Land ahoy! Since Captain Marlo C. Salayo started sailing back in 1994, the years 2009 and 2010 form the longest period that he has
been away from the sea. Most of 2009 Captain Salayo stayed at our Houston terminal before moving to the Odfjell Academy in Manila
for about nine months. And since September 2010, Captain Salayo has been around at our terminal in Rotterdam (OTR).
19
Captain Salayo, bridging ship and shore on Bow Favour, 10 November 2010 at OTR Quay 11
The reason for Capt. Salayo’s extended onshore sojourn is a project Odfjell launched
in 2009, whereby ship’s personnel has been
asigned to terminals for cross-training. The
project’s main objectives are:
1. For the ship’s personnel to have a better
understanding of the terminal operations.
2. To enhance better communication and
sharing of experiences amongst sea and
shore colleagues.
3. To have well-trained personnel readily
available worldwide for terminal positions if the situation requires it.
Common understanding
Captain Salayo claims that one of the most
important key-factors in our Company is to
have proper understanding of each other’s
business. To achieve such, he frequently invites other captains to join him for a comprehensive terminal tour and a visit to the
terminal’s Central Control Room and office.
Likewise, he is also regularly taking terminal
(office) staff round on our ships. - Showing
the ropes gives a way better understanding of
what a terminal respectively a parcel tanker
is all about. The other captains always seem
to be impressed when taking a trip around
the terminal. Most of the time they only see
the jetty and the shortest way to the gate
when they leave the ship, Captain Salayo
says. Likewise, most terminal employees,
especially the ones in the office, don’t get the
opportunity to be shown around at a vessel.
- And, for some reason terminal staff is always very keen on visiting the engine room,
he adds. - I really hope that ship’s and terminal crews will continue to invite each other
over in the future as well. We can all benefit
from this, he states.
OTR – the home port for Odfjell vessels
Another initiative Captain Salayo highly supports is that OTR’s Operations Manager tries
to welcome the Odfjell tankers in as much
as possible when they call at OTR. He explains: -By making the effort to go on board
the ship and meeting with the Captain, OTR
odfjell quarterl y maga z ine
truly gives our ships the feeling they are home.
After all, a seafarer’s world is quite small. Most
of the time the ship is your world and such a
welcome is therefore highly appreciated.
The project lasts until the end of March
2011. Captain Salayo hopes for a position
on shore. -In my career as a seafarer I have
reached my ceiling. I have been captain of
a parcel tanker and ready for a new challenge, he says. But as always, there are pros
and cons. As a seafarer Captain Salayo is
used to four months at sea, two months at
home. Working at a terminal means 25 vacation days per year, but also the weekends at
home with his family. Time will tell.
Until such time, Captain Salayo continues enjoying the hospitality in Rotterdam.
-Like in Houston, the Rotterdam-based
colleagues are very friendly, helpful and
cooperative. I learned a lot from everybody and am amazed how they show their
enthusiasm to teach us what they do, both in
Houston and Rotterdam, he ends.
Briefings ODFJELL QUARTERLY magazine
Sustainable shipping
Corporate Social Responsibility (CSR) is
on the main agenda for The Norwegian
Shipowners’ Association (NSA) these
days. At a recent CSR seminar at NSA,
Odfjell, Maersk, Grieg and Wilhelmsen
amongst others, shared their views and
work regarding this hot issue. With a
strong invitation to its members to join
the wave of sustainable shipping, we
asked Mr. Sturla Henriksen, Director
General in NSA why the shipping industry
should focus on this.
Why does NSA have this strong focus
on CSR?
– NSA has made a commitment to the principles embodied in the UN Global Compact,
and we are spearheading high standards on
environment and corporate social responsibility throughout the international maritime industry. The future regulatory and
political framework for our industry will, to
a large extent, be based on how the industry
on a voluntary basis handles CSR issues.
Why is CSR so important?
By Margrethe Gudbrandsen
20
– From my perspective awareness and
responsibility as to how we act and interact
with the larger society is important. Focusing on CSR issues is good in itself and good
for business. It can lead to new business
opportunities, significant cost savings and
benefit the business of our members.
But how should the industry act on this
and how far has business come?
– It is important for our industry to be alert
to society’s expectations, and we see an
increasing awareness of CSR issues amongst
members. NSA works on labour relations,
education and training. Our collective bargaining agreements (CBSs) guarantee good
social and working conditions; including
insurance schemes for seafarers in case of
sickness, death and pension schemes. We
believe that education, training and work
opportunities at a respectable wage level
are the best ways to raise people from poverty. NSA has also adopted an ambitious
vision on zero harmful emissions to sea and
air. Throughout the Norwegian maritime
industry, human talent, capital and technology are mobilized in developing more
sustainable solutions to the next generation of international shipping. We are frontrunners in the work towards sustainable re-
cycling of vessels, abandoning child labor
and we have engaged in anti-corruption
issues and establishment of ethical guidelines.
How will NSA proceed in this work?
– NSA has recently established a CSR
Forum where members can exchange views
and share best and emerging practices with
the aim to advance practical solutions and
strategies. This forum shall contribute to
more knowledge about CSR issues and we
will use this forum to discuss how we shall
proceed.
What are the most important challenges
for the shipping industry regarding CSR
and sustainability today?
– The climate change and reducing CO2
emission from shipping is the major
challenge for our industry.
It is hard to disagree that the business
need to be sustainable and responsible
and act on this, but what will be the cost
and will it pay off?
– I believe profitability, competiveness and
the adoption of responsible practices is
closely linked and will translate into commercial advantages for the front-runners in
the industry. Let me give you one example:
With our zero emissions vision a creative
force is energised among our members,
generating innovations and solid results on
a whole range of areas.
Some will argue that the business value of
sustainable business is not yet immediately visible. What will you say to them?
– Sustainability is a foundation for all business. CSR is about integrating social and
environmental concerns into business
strategy and operations. We note that com-
Corporate Social Responsibility:
Corporate social responsibility is about the total responsibility that
organisations and companies have towards society and their surroundings,
both financially and operationally, while maintaining ethical, social and
environmental obligations.
Sustainability:
The capacity to endure. Achieving sustainability will enable the earth to
continue supporting human and other life as we know it (Wikipedia).
Sturla Henriksen, Director General in NSA
w w w . odfjell . com
panies to a much larger extent today are
chosen or rejected by customers, investors
and other stakeholders on the basis on how
they deal with environmental issues, their
employees, human rights and anti-corruption.
– We addressed these issues in workshops
at our CSR seminar on the 11th November.
Different reporting methodologies, network and principles were discussed, and we
have started the work towards a common
approach amongst our members on how
to deal with these issues. We also foresee
new regulations, similar to those already
enforced in Denmark and Sweden and
some other countries. A proposal is now
circulated for comments by our Ministry of
Finance suggesting introducing reporting
requirements on CSR issues in the annual
reports of companies.
Finally, how will you challenge
your members?
– By asking members to take a closer look
at the business opportunities coming from
engaging in CSR. By inviting members to
join our CSR Forum, and look into the UN
Global Compact initiative and consider
signing up.
NR.04/ 10
The area of sustainability and CSR is a
rather “new” aspect for companies even
though Quality, Health, Safety and Environment has received focus for many
years. Out of this, a number of reporting
methodologies, calculations, associations, principles and memberships have
emerged. All of them with good intentions,
but they are not harmonized and benchmarking is difficult. How shall corporations deal with this?
Captain Runar Reinholdsen and Dan Odfjell
21
Officer’s conference
By Helge Olsen
The North West European officer’s
conference was held at Scandic
Bergen Airport Hotel 20 - 24 September 2010.
CSR in Odfjell
A total of 76 officers from 27 ships participated at the conference. 37 different subjects were addressed both as
presentations and as workshops. The
programme was divided in three main
sessions:
Odfjell’s most important
contribution to engage in corporate
social responsibility is to conduct
its business well in accordance with
the international and national
regulations that govern our operations and measures beyond that.
Odfjell’s corporate social
responsibility encompasses
also quality, health, safety and
environmental protection as well
as ethics and business moral,
employee and organisational
development and support of local
communities. Our Code of Conduct
addresses several of these issues.
• Two days session with Shipboard
Management teams and key personnel from the Fleets.
• One day joint session/plenum session with all conference participants
and representatives from the office.
• Two days subject sessions organised
as a management programme for
Captains, operational and cargo
handling session for Chief Officers
and technical session for Chief
Engineers/2nd Engineers.
odfjell quarterl y maga z ine
Chief Engineer Bjørnar Bjørit
and Chairman Laurence Odfjell.
The main objective with our officer’s
conferences is to establish an arena
for discussion and feedback. It is also
an opportunity to jointly exchange
viewpoints on further improvements
and how to manage existing and future challenges. Feedback from the
participants clearly confirms that the
conference was perceived as successful and beneficial for further development of our performance.
QHSE ON THE AGENDA ODFJELL QUARTERLY magazine
Odfjell Tankers
Safety and Quality
Conference 2010
By Erik Hjortland
The annual Safety and Quality conference
for external ship owners and ship managers took place at Hainan Island in southern China in October this year.
This was originally scheduled for April but
unfortunately an Icelandic volcano erupted
just a few days before kick-off, effectively
putting air traffic in northern Europe to a
stand-still, and subsequently preventing the
participants from Odfjell Bergen to travel
out of Europe. The conference was therefore
postponed.
22
The conference lasted two days and gathered
about 25 representatives from our external
ship owners and managers in addition to
representatives from both Odfjell Tankers
and Odfjell Ship Management. An extensive
agenda facilitated for good interaction and
discussions between the participants on
First row from left: Knut Mevatne, Sumio Kumabe, Asami Torigoe, Yumiko Saito and Sigmund Larsen. Second row from
left: Eyvind Bremseth, Toralf Sørenes, Tommy Horiuchi, Chikashi Tanaka, Satnam Singh Kumar, Junya Shimoda and Moon
Wang. Third row from left: Erik Hjortland, Tatsuya Suzuki, Ken Kurihara, Amit K. Kundu, Dag Eidsvåg, Deepak Malhan and
Mathew Alexander
many important aspects of operation and
management of our ships.
In addition to a round-table discussion
about the human element, some of the topics presented by the speakers covered operational excellence, Odfjell’s lessons learned on
safety issues, case studies from our external
weather routing scheme, and the Time Charter Inspection programme. The piracy situation in the Gulf of Aden and Indian Ocean
was given a great deal of attention, and from
Odfjell we shared with the other ship owners
and managers our views, best practices and
safety precautions in this respect. Finally, the
Marine Services Group presented its services,
capabilities and some of the challenges they
see on ships.
We greatly value the opportunity to gather
so many owners and managers for sharing
views and experiences – not only in official
sessions, but also in the more informal arenas
by which we were able to further strengthen
the good relationships between Odfjell and
our partners.
Health, Safety and Environment in Odfjell
By Bjørn Ydse
As a responsible employer and partner, Odfjell SE gives the highest priority to
Health, Safety and Environmental protection (HSE). HSE is priority number one
in all our operations.
This means that HSE shall be carefully considered in all our daily activities, not only by
personnel physically involved in the operations
but also when our work, priorities or decisions
may have any influence on the HSE aspects.
HSE Culture
A prudent HSE culture is found in enterprises
that facilitate continuous, careful and systematic
work to improve health, safety and environment. Such cultures are characterized by colleagues that
• share experiences
• take care of each other
• comply with procedures
• search for improvements and
• have an interest in learning.
All these points are important to Odfjell’s
strategy where we are aiming for improved HSE
culture. The diagram shows an organisation’s
focus and development within HSE. The higher
we are on this, the more “healthy” we are. So a
challenge to you, please spend some time by
yourself, use your experiences and knowledge
and ask “where are we” on the scale.
w w w . odfjell . com
Odfjell Terminals
(Dalian) Restoration
By Mr. Xu Tao / Li Chang
Following the off-site explosion and fire
at the neighbouring crude oil terminal on
16 July 2010, we have done a lot of work
at Odfjell Terminals (Dalian) (OTD) to
gradually restore operations to normal.
Initially OTD restarted its operation by loading a ship on August 10. Six weeks later, with
the support of joint efforts by the Dalian Port
Authority (PDA), head and regional offices
of Odfjell Terminals (OTBV) and OTD, we
had preliminarily finished the construction
of a temporary MCC. This was a milestone
in the restoration project. On the 30th of
September we had electric power again for
all possible running systems, except for the
auto-control and communication systems
for the full operations. Although the truck
station and scales have not been rebuilt
yet, temporary equipment is being used for
truck operations at the pump slabs. Weighing the trucks is done at a neighboring terminal. While railcar operation for the railway
NR.04/ 10
From initially removing the surface oil, cleaning up pipelines and other equipment, replacing melted cables, demolishing burned
pumps, and building a temporary Motor
Control Center (MCC), we had to face the operational challenges and risks of the big mess
left behind at the terminal after the ferocious
fire. The OTD personnel worked around the
clock to overcome all possible difficulties
confronting us in trying to restore the terminal back to its original good order as quickly
as possible. It is truly an unforgettable experience.
23
station no. 3 is now completely restored, operations at the other two railway stations
are only partially restored at this moment.
Despite that the restoration work did not go
as smoothly as we had planned in the beginning, contractors have been engaged to
start dismantling the rail tracks at the south
side of the rail operation area, removing the
contaminated rock and soil. A professional
oil field contractor has successfully cleaned
and washed the underground rain water
system. They are now starting the most difficult part on the clean-up tasks: washing
the underground waste water pipelines,
odfjell quarterl y maga z ine
which were completely filled with crude oil
by the incident. Initially, this fire accident has
severely interrupted OTD’s normal operations
and caused problems for most of our valued
customers. Through close communication
and cooperation between OTD’s staff and the
customers, most of the customers continued
to stay with OTD. Through close and joint
efforts by OTD, OTBV and PDA, the terminal
operations and revenues have gradually been
restored. There is still much work to be done,
but progress is made consistently and operations should be back to normal during the
first quarter of 2011.
sea and shore ODFJELL QUARTERLY magazine
Captain Dionei Ricardo Stolarczuk and his crew on Flumar Brasil
Oiltanking Odfjell Terminals Singapore
10th anniversary
for OOTS
By KH Tan
On Thursday 7th October 2010
Oiltanking Odfjell Terminal Singapore
(OOTS) hosted a party on Sentosa
Island, Singapore to celebrate its first
10 years of operation.
24
During this period OOTS has grown
from its original size of a 131,500
cbm to a 365,000 cbm terminal.
More than 200 guests took part in
the celebration and the evening
was a resounding success. Compliments to the OOTS staff for their
arrangements and a toast “to the
next 10 years”.
Flumar Brasil
By Kjell Vassdal
Flumar’s most recent acquisition is an oil/
chemical tanker of 51,000 DWT. The ship,
in all respect the crown jewel of Fleet
Flumar, was given the name with a certain
impact, namely M/T Flumar Brasil. The
ship was delivered end April to Flumar
and was managed by Odfjell Management.
The first commander of the ship was
Captain Roy Johnsen who took over the
ship and was at the helm during the first
voyage to Brazil via Singapore.
Flumar’s own Captain Reno Davi Goís
was also on board during delivery and
followed her all the way to Brazil, where he,
on June 16th, took over command of the
ship, now with full Brazilian crew and managed by Fleet Flumar in Sao Paulo. He was
the captain during her first spot voyage with
Petrobras before being relieved by Captain
Celso. Upon Captain Goís’ return in August,
he was soon joined by Captain Dionei Ricardo
Stolarczuk, and these two captains will share
the responsibility as masters of this glorious lady in the time to come. The Flumar
Brasil is currently on time charter for
Petrobras. The strict standard and extensive
reporting procedures required by Petrobras is
seen as a positive contribution to maintaining the Flumar fleet at a good performance
level. Certainly the present senior management on board is contributing valuably in this
respect. The ship’s superintendent, Marcelo
Morais Martins and the Quality Manager,
Vinicius Madruga Santos have both had a
busy time, ensuring that all documentation
and Quality Management Manuals are in place
on board and that these are complied with.
New portrait
in Peisestuen
In our old Boardroom called Peisestuen at headquarters, now
used to host special guests, an oil painting portrait of our recent
Chairman Dan Odfjell has joined in with portraits of both his
father and his grandfather.
The portrait is by the well-known Norwegian painter Tore Juell, and
Dan Odfjell has expressed his appreciation of the result, and also
having become acquainted with Tore Juell – a personality of the
solid old sort, according to Dan Odfjell.
Tore Juell
Tore Juell is born in Kragerø, Norway, 1942. He is a famous,
traditional, figurative painter. Besides painting the beauty of
landscape and nature, he is also one of the most outstanding
portrait painters in Norway today and has a portfolio that
includes some of the Royal family, politicians and cultural
celebrities.
Dan Odfjell next to his portrait
w w w . odfjell . com
From left: Svend Foyn Bruun (Odfjell), Richard Barnes (L&I Maritime), Elisabeth Alfheim (Odfjell), Guy Johnson (L&I Maritime), Hans Brinkhorst (Clarkson),
Ingelin Jacobsen (Odfjell), Erik Nilsen (NCC Odfjell), Rod Drake (UKMTO) and Erik Hjortland (Odfjell)
NOCT customer seminar in Dubai
By Alireza Kaveh
After having organized a very successful seminar hosting 60 delegates
from the entire Middle East region in
2009, NCC Odfjell Chemical Tankers
JLT (NOCT) were asked by our customers to organize similar events on
annual basis in Dubai.
Hence October 26th this years’ NOCT
seminar was held with a wider coverage of our customers’ topics of interest.
More than 130 delegates from the entire
region attended. It was a good platform
for our customers not only to get familiar with an update of rules and regula-
tions but also with the current risks and
threats involving the shipping industry
such as the piracy issue in Gulf of Aden.
We also received very good support from
our good colleagues and speakers from
Bergen for this event.
PERFORMANCE
MEETING WITH
BRASKEM
In September this year representatives from Odfjell and
our important customer Braskem had a performance meeting at their offices in Salvador, Brazil.
Participants from left, Odd Magne Vik, Nelson Rocha, Arne Ingebrigtsen, Hans Erik Sæther, Hans
Kolbe, Knut Øvrebø, Alessandro Souza, Rogerio Rodrigues and Israel Vasconcelos. Photo Gerald
Thomas
The main focus of the meeting was an exchange of views on
operational and vetting matters concerning the Braskem CoA.
We discussed many different issues during the meeting which
lasted the whole day and concluded with a dinner in the evening.
odfjell quarterl y maga z ine
NR.04/ 10
CUSTOMER ODFJELL QUARTERLY magazine
25
IN SOCIETY ODFJELL QUARTERLY magazine
GifT to the Norwegian Church
Abroad in Rotterdam
Laurence W. Odfjell presented a personal gift to the Norwegian Church
Abroad (formerly known as Norwegian
Seamen’s Church) in Rotterdam recently
in connection with their annual fund
raising auction.
The gift, a photo-collage based on the
theme “The Church and the Port” is made
by artist Ed Mutsaers, and was well received
by the Church who commented that the art
captures the atmosphere in the church in a
unique way, and at the same time expresses
the Norwegian Church Abroad’s maritime
history and identity.
26
Laurence Odfjell and Ed Mutsaers with the photo collage at the Norwegian Church Abroad
The income from the fund raising auction
will be used for interior rehabilitation of the
Church towards its 100-years anniversary.
The Norwegian Church Abroad in Rotterdam highly appreciated the gift from
Laurence W. Odfjell, expressing that this
gift is a great motivation to continue being
a seamen’s church for Norwegian mariners
calling Port of Rotterdam.
Staff in Houston has a long
history of generosity
One of the oldest traditions of generosity is a programme called Helping
Hands. The programme is to assist employees who have come upon hard times
and need extra assistance to see them
through a difficult period.
It is 100% funded by donations from
Houston employees that go into a fund that
is used to help other Houston employees.
The programme’s activity varies according
to various circumstances such as Hurricane
Ike, but for some it serves as a backstop
for those issues that fall outside policies,
benefits, and procedures. The programme
is administered by the Helping Hands
Committee. Human Resources can provide
more details for Houston staff.
The Hurricane Ike caused major damages for citizens in Houston including Odfjell employees
w w w . odfjell . com
Personnel ODFJELL QUARTERLY magazine
Service Awards
of services on board and at least 15 years with the same company.
Captain Vidar Bauge received a gold watch for 25 years in Odfjell.
The gold watch/medals were handed over by the former Chairman
Dan Odfjell and the Chairman Laurence W. Odfjell.
NR.04/ 10
During the Officers Conference dinner in Bergen September 23rd,
eight officers were honoured with gold medal for 30 years of service.
The gold medal is awarded by the Norwegian Shipowners’ Association to seafaring employees having completed at least 20 years
27
Front row from left: Pump man Arild Midttveit, Captain Runar Reinholdtsen, former Chairman of the Board Dan Odfjell, Chief Engineer Bjørnar Bjørit and Captain Vidar Bauge.
Standing from left: SVP Ship Management Helge Olsen, Chief Officer Roy Johansen, Chief Engineer Leif Magnar Gjøsæter, Pump man Per Kjell Hovland, Chief Engineer Roger Engan,
Fleet Catering Purchaser Frode Lihaug and Chairman of the Board Laurence W. Odfjell
In memory of
It is with great sadness we have to report the death of Able Seaman,
Givanildo José da Silva, on board Flumar Brasil Monday 27th
September Brazilian time.
Givanildo José da Silva was fatally injured during mooring operations on arrival Suape, a Brazilian International Port located in north
east of Brazil. He was immediately brought to a hospital but sadly he
did not recover from the injuries he sustained and died about three
hours after the accident.
Our deepest condolences go to his wife and family for their loss.
odfjell quarterl y maga z ine
Personnel ODFJELL QUARTERLY magazine
NEW HIRES
Bergen
Beerbaum, Heike
QA System Auditor
01-10-10
Hag, Tom Georg
Senior Ship Operator
01-10-10
Fotland, Harald
SVP Human Resources
07-12-10
Baltazar, Lisa
Customer Service
Representative
26-07-10
Chavez, Angela
Assistant Account
Manager
30-08-10
Davis, Fermin
Shore Operator
04-10-10
Glenn, Joshua
Shore Operator
04-10-10
Mouton, Joseph
Shore Operator
04-10-10
SHANGHAI
SEOUL
Vasquez, Ladislao
Shore Operator
04-10-10
Walsh, Royce
Shore Operator
04-10-10
DeBarge, Jonathan
Ship Agent
21-10-10
Huang, Judy
Finance and Admin
Manager
10-09-10
Kim, Kyu-Nam
Ship Broker
11-10-10
Solem, Kristine Irgens
Demurrage Analyst
01-09-10
HOUSTON
28
singapore
Goh, Kee Peng,
Samuel
Human Resources
Manager
25-10-10
BUENOS AIRES
Kumar Padhi, Prasant
Technical
Superintendent
01-10-10
Mauw, Yung Sin
Ship Broker
25-10-10
Palleiro, Pedro
Operations Assistant
01-11-10
w w w . odfjell . com
rotterdam
In Service for Odfjell
25
years
Hoek, Adrianus
Cornelis van
Maintenance Firewater
Line
01-08-10
Headquarters Bergen
Hegg, Karen Sofie
Demurrage Analyst
01-10-85
Svahn, Wenche Irene
Purchaser
18-11-85
Peppel, Edurina
Pieternella van de
Custom Officer
01-10-10
Odfjell Terminals (Rotterdam)
Bogaard, Erik
C1-Operator
01-11-85
NR.04/ 10
Baghus, Willem
Jetty Operator OTM
01-10-85
Pothoven, Leo Laurends
Planner
01-11-85
Kik, Marinus
Manipulation
Coordinator
01-08-10
Odfjell Terminals (Houston)
Guajardo, Arnulfo
Maintenance Technician
01-10-85
Buiter, Marcus Gerrard
Manager Finance and
Accounts
23-08-10
29
Kimball, Charles L
Maintenance Supervisor
01-10-85
30
years
Janssens, Erwin
Henricus Petru
Engineer
01-10-10
Buuron, Jacoba Maria
Controller
18-10-10
RELOCATIONS
From Singapore
to Rotterdam
From Odfjell Dongzhan
to Odfjell Shanghai
Knutsen, Atle
President Odfjell
Terminals B.V.
01-01-11
Lu, Lonnie
Ship Broker
01-08-10
Odfjell Terminals (Rotterdam)
Leeuwen, Abraham van
Warehouse Man
01-09-80
Hagendijk, Jan Adrianus
Head Financial Administration
01-10-80
Sagan, Maria Rita
Adm. Employee Customer Service
07-10-80
Kornaat,Willem
B-Operator
16-10-80
odfjell quarterl y maga z ine
Engel, Robert Evert Arthur van
C1-Operator
01-11-80
Klostereit, Manfred
C1-Operator
01-11-80
Rij, Leendert Gerrit van
C-Operator
01-11-80
Veldhoen, Huibert
Customer Representative
01-11-80
FLEET & TERMINALS ODFJELL QUARTERLY magazine
as per 6 September 2010
OWNED
SHIPS
30
YEAR
BUILT
DWT
CBM
STAINLESS
STEEL, CBM
NUMBER
OF TANKS
Flumar Brasil
2010 51 188 55 300 -
Bow Saga¹
2007 40 085 52 126 52 126 Bow Sirius¹
2006 40 048 52 126 52 126 Bow Sea
2006 40 048 52 126 52 126 Bao Hai Tun (49%) 2006 3 845 4 361 -
Bow Summer
2005 40 036 52 126 52 126 Bow Spring ¹
2004 39 942 52 126 52 126 Bow Star 2004 39 832 52 126 52 126 Bow Sun
2003 39 842 52 126 52 126 Bow Firda 2003 37 427 40 515 40 515 Bow Chain 2002 37 518 40 515 40 515 Bow Favour
2001 37 438 40 515 40 515 Bow Century
2000 37 438 40 515 40 515 Bow Fortune
1999 37 395 40 515 40 515 Bow Master
1999 6 046 6 878 6 878 Bow Mate
1999 6 001 6 864 6 864 Bow Pilot
1999 6 000 6 865 6 865 Bow Sailor
1999 6 000 6 870 6 870 Bow Cecil 1998 37 345 40 515 33 236 Bow Flora
1998 37 369 40 515 33 236 Bow Balearia
1998 5 870 5 941 5 941 Bow Oceanic
1997 17 460 18 620 18 620 Bow Bracaria
1997 5 870 5 941 5 941 Bow Brasilia
1997 5 870 5 941 5 941 Bow Cardinal
1997 37 446 41 487 34 208 Bow Faith
1997 37 479 41 487 34 208 Bow Aratu 1997 13 834 15 831 15 831 Bow Querida
1996 10 115 10 956 10 956 Bow Cedar
1996 37 455 41 608 34 329 Bow Atlantic
1995 17 460 18 620 18 620 Bow Fagus
1995 37 375 41 608 34 329 Bow Clipper
1995 37 166 41 492 34 213 Bow Flower
1994 37 221 41 492 34 213 Bow Eagle
1988 24 728 32 458 19 662 Bow Cheetah
1988 40 258 47 604 -
Bow Leopard
1988 40 249 47 604 -
Bow Lion
1988 40 272 47 604 -
Bow Peace
1987 45 655 52 173 2 167 Bow Pride
1987 45 655 52 173 2 167 Bow Prosper
1987 45 655 52 173 2 167 Bow Fertility
1987 45 507 52 173 2 167 Bow Fraternity
1987 45 507 52 173 2 167 Bow Panther
1986 40 263 47 604 -
Bow Puma
1986 40 092 47 604 -
Bow Victor
1986 33 190
34 500 21 975
Araucaria 1984 10 259 10 159 6 500 Bow Pacifico (50%) 1982 18 657 22 929 10 849 Bow Viking
1981 33 590 40 956 21 745 14
40
40
40
10
40
40
40
40
47
47
47
47
47
14
14
14
14
47
47
20
24
20
20
52
52
29
18
52
24
52
52
52
25
29
29
29
23
23
23
23
23
29
29
31
18
31
36
ON
TIME CHARTER
YEAR STAINLESS NUMBER
BUILT
DWT
CBM STEEL, CBM OF TANKS
Bow Tone
Bow Hector
Southern Jaguar
Bow Sagami
Bow Harmony
Bow Cape
Bow Kiso
Bow Heron
Bow Orelia³
Ncc Haiel³
Ncc Dammam³
Ncc Sudair³
Bow Omaria³
Bow Lima
Bow Olivia³
Bow Octavia³
Bow Fuji
Bow Ophelia³
Bow Plata
Bow Engineer
Bow Orania³
Bow Sky²
Bow Architect
Bow Rio
Bow Europe
Bow Santos²
Bow Asia²
Bow Singapore²
Bow Americas
Bow de Rich
Bow de Feng
Bow Andino
Bow de Jin
Bow Jubail²
Bow Mekka²
Bow Riyad²
Bow Baha 2009
2009
2009
2008
2008
2008
2008
2008
2008
2008
2008
2007
2007
2007
2007
2007
2006
2006
2006
2006
2006
2005
2005
2005
2005
2004
2004
2004
2004
2003
2002
2000
1999
1996
1995
1995
1988
COMMERCIAL MANAGEMENT
YEAR STAINLESS NUMBER
BUILT
DWT
CBM STEEL, CBM OF TANKS
JBU Sahppire
JBU Opal
Northern Wolverine
Northern Lynx
Crystal Atlantica
Crystal Amaranto
Euro Corallo
Crystal Ambra
Euro Mora
2009
2009
2006
2003
2000
1999
1999
1998
1998
Number of ships: 94
33 600
33 694 19 997 33 641 33 619 19 971 33 641 33 707 19 900 45 953 45 965 46 012 19 900 19 900 19 900 19 900 19 800 19 900 19 807 30 086 19 993 40 005 30 058 19 990 19 727 19 997 9 901 9 888 19 707 12 452 12 514 16 121 11 752 37 499 37 272 37 274 24 728 19 860 19 860
16 000
16 000
16 630
9 931
4 470
8 053
3 760
37 700
37 386 22 198 37 238 34 698 22 158 37 215 37 365 22 202 54 300 54 300 54 300 22 202 22 157 22 202 22 202 22 140 22 655 22 143 35 548 22 050 52 126 36 000 21 408 21 573 21 846 10 866 10 867 22 050 13 300 13 289 17 270 12 296 41 488 41 588 41 492 32 458 21 701 21 695
17 566
17 634
17 003
10 893
4 452
8 399
3 762
21 700 21 700 9 827 9 855 17 003 10 893 4 452 8 399 3 762 2 533 336 2 903 917 2 024 604 ¹ Vessel beneficially owned through financial lease.
² Vessel on bare-boat charter.
³ Vessel on variable timecharter.
w w w . odfjell . com
37 700
37 386 22 198 37 238
34 698 22 158 37 215 37 365 22 202 -
-
-
22 202 22 157 22 202 22 202 22 140 22 655 22 143 35 548 22 050 52 126 36 000 21 408 21 573 21 846 10 866 10 867 22 050 13 300 13 289 17 270 12 296 34 209 34 257 34 213 19 662 16
16
20
16
16
20
16
16
20
22
22
22
20
20
20
20
22
20
22
28
20
40
28
22
36
22
20
20
36
22
22
30
20
52
52
52
25
16
16
35
35
22
24
17
22
14
ON ORDER
YARD
CCSIC Chongqing Chuandong Shipbuilding Industry Co., Ltd “
“
Daewoo Shipbuilding and Marine Engineering Co,. Ltd Daewoo Shipbuilding and Marine Engineering Co,. Ltd Number of newbuildings:
DELIVERY
DWT 2011
2011
2012
2013
2013
9 000 9 000 9 000 75 000 75 000 5
177 000 OWNER Odfjell Odfjell Odfjell Odfjell NCC Odfjell Terminals (Rotterdam) BV
Odfjell Terminals (Houston) Inc
Odfjell Terminals (Jiangyin) Co Ltd Odfjell Terminals (Dalian) Ltd Odfjell Terminals (Korea) Co Ltd
Oiltanking Odfjell Terminal Singapore Ltd
Oiltanking Odfjell Terminal & Co. L.L.C.
Exir Chemical Terminals (PJSCO)
Vopak Terminal Ningbo Ltd
Rotterdam, NL
Houston, USA
Jiangyin, China
Dalian, China
Onsan, Korea
Singapore
Sohar, Oman
BIK, Iran
Ningbo, China
100 %
100 %
55 %
50 %
50 %
50 %
29,75 %
35 %
12.5 %
1 635 000 320 600 99 800 119 750 250 590 365 000 842 500 22 000
65 550 33 000 82 300 30 000 18 350 15 860 13 520 -
1 000
7 900 281
98
22
51
70
79
39
18
38
Total owned
3 720 790 201 930 696
46 680
97 720 60 800 75 027 8 052
12 000
7 000
47 135 62 980 32 840 293 127 1 600 19 784 2 900 -
-
-
-
528
10 188
-
5 496 37
99
32
35
6
2
6
87
88
25
53
Total associated
743 361 Grand Total
4 464 151 40 496 470
242 426 1 166
NEW TOTAL
ESTIMATED
COMPLETION
Associated terminals
Depositos Quimicos Mineros S.A.
Granel Quimica Ltda
Granel Quimica Ltda
Granel Quimica Ltda
Granel Quimica Ltda
Granel Quimica Ltda
Granel Quimica Ltda
Odfjell Terminals Tagsa S.A.
Odfjell Terminals Tagsa S.A.
Terquim S.A.
IMTT-Quebec
Callao, Peru
Santos, Brazil
Rio Grande, Brazil
Sao Luis, Brazil
Ladario, Brazil
Triunfo, Brazil
Teresina, Brazil
Buenos Aires, Argentina
Campana, Argentina
San Antonio, Chile
Quebec, Canada
PROJECTS AND EXPANSIONS
TANK TERMINALS
SHARE
CBM
ONGOING
EXPANSION
Odfjell Terminals (Houston) Inc
100%
320 600
10 700
331 300
Odfjell Terminals (Korea) 50% 250 590
63 120
313 710
Oiltanking Odfjell Terminal & Co L.L.C (Oman) 29.75% 842 500
425 000
1 267 500
498 820 Q1 2011
Q3 2011
Q2 2011
Associated terminals
Depositos Quimicos Mineros S.A.
Depositos Quimicos Mineros S.A.
Granel Quimica Ltda Granel Quimica Ltda Terquim S.A.
Callao, Peru
46 680 Callao, Peru
50 380 Aracruz, Brazil
-
Alemoa, Santos, Brazil
-
Mejillones, Chile
-
odfjell quarterl y maga z ine
3 700 2 600 30 000 52 000 80 000 50 380 52 980 30 000 52 000 80 000 168 300 Q4 2010
Q4 2011
Q3 2014
Q4 2012
Q1 2011
NR.04/ 10
STAINLESS
NUMBER
TANK TERMINALS
LOCATION
SHARE
CBM
STEEL, CBM
OF TANKS
31
MAIN OFFICE ODFJELL
MAIN OFFICE TERMINALS
Odfjell SE - Odfjell Tankers AS
Conrad Mohrsv. 29,
P.O. Box 6101 Postterminalen
5892 Bergen, NORWAY
Tel: +47 5527 0000
Fax: +47 5528 4741
Fax: +47 5527 9070 (Chartering/Operations)
Odfjell Terminals BV
Oude Maasweg 6, P.O. Box 5010
Harbour Number 4040
3197 KJ Rotterdam-Botlek
The NETHERLANDS
Tel: +31 102 954 700
Fax: +31 102 954 719
INTERNATIONAL OFFICES
Odfjell USA (Houston) Inc.
12211 Port Road
Seabrook, TX 77586, USA
Tel: +1 713 844 2200
Fax: +1 713 844 2211
Odfjell Singapore Pte Ltd
6 Shenton Way, # 27-08/09
DBS Tower 2
SINGAPORE 068809
Tel: +65 6349 1300
Fax: +65 6224 2285
Odfjell Japan Ltd
Ogawa Bldg. 8F
2-2 Uchikanda 1-Chome
Chiyoda-ku, Tokyo 101-0047, JAPAN
Tel: +81 3 3259 8555
Fax: +81 3 3259 8558
Odfjell Netherlands BV
Oude Maasweg 6, P.O. Box 5010
3197 XC Rotterdam-Botlek
The NETHERLANDS
Tel: +31 102 953 666
Fax: +31 102 953 668
Odfjell Brasil Ltda
Av. Paulista 460 - 18 andar
CEP 01310-000 Sao Paulo SP, BRAZIL
Tel: +55 11 3549 5800
Fax: +55 11 3549 5808
Odfjell Shanghai
Suite B, 13F
Huamin Empire Plaza
728 Yan An West Road
Changning District
Shanghai 200050, P.R. CHINA
Tel: +86 21 5239 9469
Fax: +86 21 5239 9897
Odfjell India
A-26, Nandbhuvan Industrial Estate
Mahakali Caves Road, Andheri (East)
Mumbai 400093, INDIA
Tel: +91 22 6695 4701
Fax: +91 22 6695 4707
Odfjell Dong Zhan Shipping (Shanghai)
Co.,Ltd
Suite C, 13F
Huamin Empire Plaza
728 Yan An West Road
Changning District
Shanghai 200050, P.R.CHINA
Tel: +86 21 5239 5393
Fax: +86 21 5239 9897
Odfjell Argentina SA
Alicia Moreau de Justo 1960
Office no. 202 - Puerto Madero
1107 Buenos Aires, ARGENTINA
Tel: +54 114 313 7837
Fax: +54 114 313 4619
Odfjell Durban (Pty) Ltd
61 Bulwer Road, Glenwood
P.O.Box 4045
Durban 4021, SOUTH AFRICA
Tel.: +27 31 2770880
Fax: +27 31 2770899
Odfjell Tankers AS, Korea Branch
Room 1815 Gwanghwamum Officia Bldg.
163 1-ga Shinmunno
Jongn-gu, Seoul, 110-999 Korea
Tel: +82 2 775 9760
Fax: +82 2 775 9761
Odfjell Korea Ltd.
136, Cheoyong-Ri,
Onsan-Eup, Ulju-Gun
Ulsan, KOREA
Tel: +82 52 227 5527
Fax: +82 52 227 5567
Odfjell Australia Pty Limited
Suite 4, Level 1
443 Little Collins Street
P.O.Box 1279
Melbourne VIC 3001 AUSTRALIA
Tel: +61 3 9642 2210
Fax: +61 3 9642 2214
Odfjell Chile
Puerta del Sol 55
Las Condes, Santiago
CHILE
Tel: +56 2 3307221
Fax: +56 2 3307948
Odfjell Philippines Inc.
4th Flr Atlantis Beacon Tower
2315 Leon Guinto St.
Malate, Manila 1004
PHILIPPINES
Tel: +6325280341
Fax: +6325262256
Odfjell (UK) Ltd
14 Headfort Place
London SW1X 7DH
UNITED KINGDOM
Tel: +44 207 823 0605
Fax: +44 207 823 0606
Odfjell Peru
Av. Enrique Meiggs, 240
Urb. Chacaritas,
Callao, PERU
Tel: +51 1 614 0800
Fax: +51 1 614 0801
NCC Odfjell Chemical Tankers JLT
Room 3101-3104, Liwa Heights
Jumeirah Lake Towers
P.O.Box 214459
Dubai, UNITED ARAB EMIRATES
Tel: +971 4 440 1700
Fax: +971 4 441 1701
REGIONAL OFFICES
Odfjell Asia Pte Ltd
6 Shenton Way, # 27-08/09
DBS Tower 2
SINGAPORE 068809
Tel: +65 6349 1300
Fax: +65 6224 2285
Flumar Transportes
de Quimicos e Gases Ltda
Av. Paulista 460 - 18 andar
CEP 01310-000 Sao Paulo SP, BRAZIL
Tel: +55 11 3549 5800
Fax: +55 11 3549 5807
Odfjell Tankers Europe AS
Conrad Mohrs veg 29
P.O.Box 6101 Postterminalen
5892 Bergen, NORWAY
Tel: +47 5527 0000
Fax: +47 5527 9070
Odfjell Terminals (Rotterdam) BV
Oude Maasweg 6, P.O. Box 5010
Harbour Number 4040
3197 KJ Rotterdam-Botlek
The NETHERLANDS
Tel: +31 102 953 400
Fax: +31 104 384 679
Odfjell Terminals (Dalian) Ltd
New Port
Economy & Technology
Development Zone 116601, Dalian
P.R. CHINA
Tel: +86 411 8759 5500
Fax: +86 411 8759 5549
Odfjell Terminals (Korea) Co, Ltd
136, Cheoyong-Ri
Onsan-Eup, Ulju-Gun
Ulsan, KOREA
Tel: +82 522 311 600
Fax: +82 522 376 636
Oiltanking Odfjell Terminals & Co. Llc.
P.O. Box 369
PC., 322 Fajal Al Qubail
Sohar, SULTANATE OF OMAN
Tel: +968 2670 0300
Fax: +968 2670 0306
Odfjell Terminals Maritiem BV
Oude Maasweg 5
Harbour Number 4020
3197 KJ Botlek-Rotterdam
THE NETHERLANDS
Tel: +31 10 2951 300
Odfjell Terminals (Jiangyin) Co., Ltd
1314 West Binjiang Road
Shizhuang
New Harbour City, Jiangyin
Jiangsu 214446 P.R. CHINA
Tel: +86 510 8666 9111
Fax: +86 510 8666 9110
Oiltanking Odfjell
Terminal Singapore Pte Ltd
1 Seraya Avenue
SINGAPORE 628208
Tel: +65 6473 1700
Fax: +65 6479 4500
Vopak Terminal Ningbo Ltd.
No. 111 Zhaobaoshan Road,
Zhenhai District
Ningbo, P.R. CHINA
Tel: +86 574 2769 5638
Fax: +86 574 8627 5931
Terquim S.A
Blanco Encalada 840
Dept 702, San Antonio
CHILE
Tel: +56 35 21 1050
Fax: +56 35 21 1161
DQM S.A
Av.Enrique Meiggs, 240
Urb.Chacaritas,
Callao,
PERU
Tel: +51 1 614 0800
Fax: +51 1 614 0801
TERMINALS
Odfjell Terminals (Houston) Inc.
12211 Port Road
Seabrook, TX 77586, USA
Tel: +1 713 844 2300
Fax: +1 713 844 2355
ASSOCIATED TERMINALS
Granel Quimica Ltda
Av. Paulista 460, 18° andar
CEP 01310- 000 São Paulo, SP
BRAZIL
Tel: +55 11 3549 5800
Fax: +55 11 3549 5832
Tagsa S.A
Av. Alicia Moreau de Justo 1960,
piso 4 Of. 402
1107 Buenos Aires
ARGENTINA
Tel: +54 11 4001 9700
Fax: +54 11 4001 9701
w w w . odfj e ll . c o m