# Odfjell SE 2Q26 Presentation Of Quarterly Results

- Press release: Odfjell SE 2Q26: A strong financial result (2026-08-20)
- Original: https://storage.mfn.se/67a508aa-4c6a-4da1-833e-a4f1600a1aa8/odfjell-se-2q26-presentation-of-quarterly-results.pdf
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** Odfjell SE reported a strong Q2 2026 with significantly increased time charter earnings and net profit, driven by robust spot market rates and fleet expansion, despite ongoing geopolitical challenges in the Middle East Gulf.

## Takeaways
- **TCE per day:** Increased to $29,486 in 2Q26 from $27,232 in 1Q26.
- **Time charter earnings:** Rose to $195 million in 2Q26, up from $167 million in 1Q26.
- **Net result:** Reached $54 million in 2Q26, a substantial increase from $32 million in 1Q26.
- **Dividend:** Board approved a dividend of $0.52 per share based on adjusted 1H26 results.
- **Fleet expansion:** Took delivery of two newbuildings on long-term time charter in 2Q26, with 15 newbuildings secured for delivery through 2029.
- **Orderbook:** The chemical tanker orderbook stands at 20% of the existing fleet, with 13% of the orderbook being large stainless steel & super-segregators.

*Generated 2026-09-16 via google/gemini-2.5-flash*