History
Eitzen Chemical builds on a long and proud tradition in the shipping industry, tracing its origins back to 1883 and the foundation of Camillo Eitzen & Co. The chemical division was established when Tschudi & Eitzen Holding AS acquired the Danish shipping company KIL Shipping A/S in 2001. This company was later renamed Camillo Eitzen (Denmark) A/S.
The chemical tanker activities of Camillo Eitzen & Co developed further by organic growth and acquisitions of the French chemical tanker company Navale Française and the Spanish chemical tanker company Naviera Quimica in 2004. In 2006, the chemical activities of Camillo Eitzen (Denmark) A/S de-merged into Eitzen Chemical (Denmark) A/S. In August 2006, Eitzen Chemical entered into an agreement with Blystad Shipholding Inc to acquire Songa Shipholding AS and thereby Arne Blystad’s chemical tanker fleet. The acquisition was completed on 5 October 2006. Simultaneously, CECO’s chemical tanker business was transferred. Eitzen Chemical ASA was listed separately on the Oslo Stock Exchange on 2 November 2006.
Eitzen Chemical is a leading marine chemical transportation company with a total sailing fleet of more than fifty vessels, transporting a wide variety of cargoes such as organic chemicals, non-organic chemicals, clean and dirty petroleum products, vegetable oils and lube oils. The fleet consists of coated and stainless steel vessels ranging from 3,500 to 48,000 dwt, primarily designed for the transport of IMO II classified chemical cargoes.
The average age of the owned and leased vessels is less than seven years and Eitzen Chemical operates one of the most modern chemical fleets globally. The vessels below 13,000 dwt are mainly involved in regional trades. The vessels above 13,000 dwt operate in global trades. The vessels are employed in the spot market or chartered out through time-charter agreements or Contracts of Affreightment. The vessels are commercially operated through offices in Denmark, Spain, USA and Singapore.
Eitzen Chemical’s objective is to be a leading company within marine transportation of chemicals and related products, through the commercial management and ownership of a diversified chemical tanker fleet. Eitzen Chemical’s strategy is to further enhance its position as an industrial carrier of chemical products, thereby enabling the Company to transport more sophisticated and higher paying cargoes.
|
|
.jpg)
