Odfjell SE announced that it has signed agreements to purchase four 40,000 dwt fully stainless-steel vessels to be built at Kitanihon Shipbuilding in Japan. The vessels will be purchased from a Japanese shipowner upon completion and are scheduled for delivery from First Quarter 2027 until Second Quarter 2029. They are secured at competitive prices with a total transaction value of approximately USD 290 million.

The payment terms follow customary industry standards, with installments during the construction period and the remaining balance payable upon delivery. This investment is part of Odfjell's ongoing fleet renewal program. The company has recycled three super-segregators since Second Quarter 2025.

In addition, Odfjell has recently divested the newbuilding contract for a 26,000 dwt vessel currently under construction in China. The vessels will be compliant with the future proposed EEDI (Energy Efficiency Design Index) Phase 5 for 2035 and onwards, with a 50% reduction compared to the 2009 IMO EEDI reference line. In sum, this implies that their AER (Annual Efficiency Ratio) is approximately 25% lower than the most energy-efficient 40,000 dwt vessels in Odfjell's current fleet.