BERGEN, Norway, Feb. 3, 2006 (PRIMEZONE) -- Odfjell:
-- Continued strong parcel tanker market with time-charter results 19%
higher in 2005 compared to 2004
-- Time-charter results in fourth quarter 2005 were about 3% higher than
third quarter 2005
-- Further USD 8 million provision for customer settlements
-- Still very high bunker cost
-- Stable result from tank terminal activities
-- Tax cost of USD 12 million due to write-off of deferred tax assets
Attached please find 4th Quarter report 2005 http://hugin.info/156/R/1032731/166144.pdf