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Odfjell finalises sale of Rotterdam tank terminal

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Hydrocarbon Engineering,


Odfjell Terminals has announced that Koole Terminals B.V. has acquired 100% ownership of Odfjell Terminals Rotterdam.

Reference is made to the stock exchange announcement of 2 July 2018, in which Odfjell Terminals entered into an agreement with Dutch company Koole to sell its 100% ownership of OTR.

The sale will generate US$100 million of cash proceeds to Odfjell.

Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/21092018/odfjell-finalises-sale-of-rotterdam-tank-terminal/

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