Brief: Odfjell to sell Rotterdam terminal if price is right -CEO

Odfjell SE

05/06/2018 08:39

June 5 (Reuters) - Odfjell SE  ODF.OL  told an investor
meeting on Tuesday:
    * CEO KRISTIAN MOERCH: IF THE PRICE IS RIGHT, ROTTERDAM
TERMINAL
WILL LIKELY BE SOLD
    * CFO TERJE IVERSEN: BOOK VALUE OF ROTTERDAM TERMINAL IS
$200
MILLION; THIS DOESN'T MEAN WE'LL REACH THAT LEVEL WHEN/IF WE
SELL IT
    * ODFJELL OWNS 51 PCT OF THE ROTTERDAM TERMINAL, WHICH FACES
SIGNIFICANT INVESTMENTS IN THE FUTURE. CO-OWNER LG IS SEEKING AN
EXIT

Further company coverage:  ODF.OL 

 (Reporting by Ole Petter Skonnord, editing by Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com;))