New Odfjell chief executive Harald Fotland has pledged to continue fleet renewal, but is not seeing a great appetite at shipyards for chemical carrier contracts.

The Oslo-listed company still has 10 tankers dating from the 1990s in its fleet of 47 units, with another four built between 2000 and 2003.

Odfjell added six new vessels from Hudong Zhongua in China in 2019 and 2020, and bought five modern carriers from Peter Georgiopoulos’ Chemical Transport Group (CTG) in 2017.