UK-run maritime supply chain transparency initiative Achilles Maritime Network (AMN) has boosted its fleet to more than 1,500 vessels with the addition of Odfjell’s chemical tankers.

The collaborative network, overseen by supply chain risk manager Achilles, said shipowners are now engaging more deeply with sustainability and responsible business practices.

Odfjell operates a fleet of about 70 vessels, as well as four terminals.

AMN offers a platform for owners and managers to share the burden of compliance, reducing costs and administrative burdens of achieving supply chain visibility, it said.

“Suppliers and contractors benefit from the efficiency of standardisation and pre-qualification, which fosters stronger relationships and business growth,” AMN added.

Odfjell chief sustainability officer Oistein Jensen said joining the network aligns with its 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,” he added.

The network gives the Norwegian company access to industry-wide, independently verified supply chain data, insights and benchmarking, Jensen explained.

“The partnership supports our dedication to operating as responsibly and efficiently as possible, always putting safety and sustainability first,” he said.

Achilles chief executive Paul Stanley said: “We’re seeing a growing trend of shipping companies recognising the necessity of greater supply chain transparency, better reporting and embracing a collaborative approach in order to achieve it.”

Newbuildings coming

Last month, Odfjell signed contracts to add two more chemical tankers to its orderbook as it enjoys record earnings.

The Bergen-based company now has 17 vessels on order with yards in Japan and China.

The latest duo, contracted on a time-charter basis, are scheduled for delivery in 2027 and 2028, the company said in its second-quarter earnings report.