Odfjell and Ardmore Shipping report chemical tanker rates remain near historical highs despite recent pullbacks, driven by tight supply and geopolitical disruptions. Supply constraints are expected to
Odfjell reports chemical tanker rates declined from early Q2 peaks but remain elevated due to Middle East disruptions and vessel shortages. Biofuel shares rose, and Panama Canal droughts are expected
Odfjell reported resilient Q1 2026 earnings despite Middle East conflicts disrupting Strait of Hormuz traffic, maintaining stable chemical tanker rates while crude markets surged. Terminal expansions
JSR Corp established a joint venture with LCY Chemical and Wah Lee Industrial in Taiwan to manufacture advanced electronic materials for semiconductors, though investment details remain undisclosed.
Odfjell forecasts a rebound in global seaborne chemical volumes following a 2025 decline, citing stable 2026 demand and higher Q4 spot rates supported by low swing tonnage.
Odfjell and Nissen Kaiun have launched Odfjell Hakata Maritime to operate 10 chemical tankers, based in Bergen, Norway.
Odfjell forecasts a decline in chemical tanker trade volumes for 2025, though year-to-date figures remain resilient. While tariff impacts have been lower than anticipated, they continue to pose risks
ChemBrief