Odfjell and Nissen Kaiun form 10-vessel chemical tanker joint venture

Odfjell projects that this initiative, alongside other fleet renewal projects, will result in an approximate twelve per cent increase in commercial trading days in 2026 compared to 2025.

Harald Fotland, CEO of Odfjell, said, “The new JV, named Odfjell Hakata Maritime, marks another chapter in the long-standing partnership between Odfjell and Nissen Kaiun.”

He noted that Nissen Kaiun's contribution of advanced vessels reinforces Odfjell's market position. "The partnership comes amid growing demand for safe and efficient chemical transportation," Fotland added.