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Odfjell buys and sells vessels in a timecharter swap
(Sep  4  2009)

Odfjell has signed an agreement with Star Tankers, Isle of Man for the purchase of the 33,190 dwt 'Jo Brevik' (1986) built at Aker Florø Norway.

She is a sister vessel of 'Bow Viking' (1981).

In addition, this agreement included the sales of 'Bow Pioneer' (1982) and 'Bow Hunter' (1983) of 23,000 dwt each to Star Tankers including a timecharter back to Odfjell.

At the same time, Odfjell terminated the current timecharter agreement, also with Star Tankers, concerning the 'Bow Asir' (1982) and 'Bow Arar' (1982).

Star Tankers is a company controlled by Torkel Alendal.


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