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Odfjell and Saudi Arabia's NCC to discontinue chemical tanker pool

4:30 AM MDT | April 10, 2013 | Ian Young

Odfjell Tankers and National Chemical Carriers (NCC; Riyadh) have agreed to dissolve their pool of 40,000–45,000 deadweight (dwt) m.t. coated chemical tankers, effective 1 June. The companies have operated the pool of vessels, NCC Odfjell Chemical Tankers (NOCT; Dubai), since 2009. NCC says the decision reflects its desire to operate its fleet independently and be a fully fledged operator in the chemical tanker market, with a focus on the Mideast. "This direction has been taken in line with NCC's operating strategy in view of major fleet expansions and...

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