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Odfjell Joins Achilles Maritime Network, Reinforcing Commitment to Sustainability

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Odfjell Joins Achilles Maritime Network, Reinforcing Commitment to Sustainability

Agreement with tanker and terminals operator brings fleet enrolled in maritime supply chain transparency initiative to 1,500 vessels

Abingdon, UK, 11, Sep 2024 –  Achilles, a global leader in supply chain risk management solutions, announced  today that Odfjell, a leading player in the global chemical tanker and terminal industry, has joined the Achilles Maritime Network.

This latest addition to the collaborative initiative brings the total number of vessels to over 1,500 as the maritime industry players engage more deeply with sustainability and responsible business practices. Odfjell operates a fleet of around 70 sophisticated chemical tankers and four terminals, ensuring the safe and efficient transportation and storage of bulk liquid chemicals, acids and edible oils worldwide.

The Achilles Maritime Network offers a unique platform for ship owners and managers to share the burden of compliance, thereby reducing costs and administrative burdens of achieving supply chain visibility. Suppliers and contractors benefit from the efficiency of standardization and pre-qualification, which fosters stronger relationships and business growth.

The network is designed to help companies meet increasing stakeholder expectations for transparency cost-effectively and efficiently, thereby promoting sustainability and responsible business practices within the maritime industry.

Øistein Jensen, Chief Sustainability Officer at Odfjell, emphasized the significance of this partnership:

Joining the Achilles Maritime Network aligns with our commitment to operating a sustainable business and to continuously seek improvements. The complexity and resources required to effectively manage supply chain risk, sustainability reporting and supplier improvement are growing. Working with an industry leader like Achilles, who understands the evolving regulatory landscape, will give us access to industry-wide, independently verified supply chain data, insights and benchmarking. The partnership supports our dedication to operating as responsibly and efficiently as possible, always putting safety and sustainability first.”

Paul Stanley, CEO of Achilles, welcomed Odfjell to the network:

“We’re seeing a growing trend of shipping companies recognizing the necessity of greater supply chain transparency, better reporting and embracing a collaborative approach in order to achieve it. At Achilles we empower companies with the tools, insights and support they need to meet and exceed the requirements of customers, investors, employees, and broader society in an ever-evolving regulatory landscape. We are looking forward to working with Odfjell and other maritime clients around the world to drive significant advancements in supply risk management and sustainability in the maritime supply chain.”

The addition of Odfjell to the Achilles Maritime Network further strengthens the initiative’s impact and reach, demonstrating the maritime industry’s growing commitment to sustainability and responsible business practices.

Ends

Press contact

Arya Nair – Marketing Manager – APAC

arya.nair@achilles.com

About Achilles

For more than 30 years, Achilles has protected organizations’ business interests and reputations by providing unrivalled levels of supply chain transparency, carbon reduction and management. Achilles is the ESG and carbon management partner of choice for the world’s leading global brands.

Achilles specializes in supporting customers who require robust environmental, social and governance reporting to comply with ESG regulations, meet investor requirements, and achieve their own ambitious sustainability goals.

It works with market-leading financial, industrial, commercial and governmental organizations that require serious, detailed analysis and expert insight to deliver exceptional supplier selection and reporting confidence. Operating from 18 locations worldwide, Achilles is at the forefront of the battle against climate change, a champion for social justice and human rights, and an expert in health, safety, and risk management.

About Odfjell

The Odfjell Group is one of the leading players in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids. The Odfjell fleet comprises of approx. 70 ships, which trade both globally and regionally. The tank terminal division consists of four tank terminals and is part of a network of another ten tank terminals partly owned by related parties. The tank terminals are strategically located at selected international shipping hubs. The Odfjell Group’s headquarters are in Bergen, Norway, and the Group has offices in 13 locations around the world. Odfjell employs around 2300 staff and posted annual gross revenue of USD 1194 million in 2023. Read more on Odfjell.com

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