Annual report 2024

07.05.2025
In a brand new, all-digital format, the annual report highlights what was a record-breaking year for our team.

“2024 was a year of strong financial results, solid operational performance, and continued commitment to safety and sustainability. This success is thanks to all of you, together we made 2024 a year to remember,” CFO Terje Iversen said. 

“This year wasn’t without its challenges. We navigated volatile markets, shifting trade patterns, and geopolitical disruptions, from transit restrictions in the Panama Canal to security risks in the Red Sea.”

“By summer, the landscape changed. Larger crude tankers moved into clean trades, creating more competition. Despite this, demand remained strong, and our fleet delivered. Keeping cargo moving, customers satisfied, and our company on a strong course.

Take a moment to dive into the presentation of what our global team has achieved together!”

 

 

This is the first time we go all digital with the annual report and it is now a uniquely developed and tailored platform and design for Odfjell. The website includes:

  • CEO message
  • 2024 in brief – highlights
  • Review of Odfjell Tankers, Ship Management and Odfjell Terminals
  • Sustainability highlights and statements
  • Board of Directors’ report
  • Financial statements and notes, Odfjell Group and Odfjell SE

 

Check out the Review and Annual Report here: reports.odfjell.com.