Odfjell Reports 3rd Quarter


BERGEN, Norway, Nov. 16, 2005 (PRIMEZONE) -- Odfjell:


 -- Continued strong parcel tanker market, although volumes somewhat 
   lower in third quarter 2005
 -- Time-charter results in third quarter 2005 were about 9% higher
    than third quarter 2004
 -- Record high bunker cost
 -- Stable result from tank terminal activities
 -- *Sale of two parcel tankersAttached please find report
    3rd Quarter 2005

Additional information about Odfjell is available at: www.odfjell.com


            

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