Odfjell Terminals (Korea) Co. Ltd ?OTK ?is a joint venture with KPIC. OTK started operations in 2002. It is a state of the art terminal for storage and distribution of petrochemicals. Strategically situated in the port of Ulsan, the terminal is perfectly positioned to serve as distribution hub for China, Taiwan, Japan and Korea.

The terminal was built and equipped to meet Odfjell뭩 high safety and environmental standards. OTK operates 64 tanks. Tank sizes range from 150 to 7.000 cbm. As a result of the buoyant demand for tank storage in the region, Odfjell completed an expansion program of 61.500 cbm early 2008, raising the total capacity of the terminal to 171.000 cbm. The terminal has a total of 15.860 cbm stainless steel tankage, spread over 11 tanks ranging from 550 to 2.200 cbm.

To serve incoming and outgoing ships, OTK makes use of 2 berths with 37 ft depth. OTK has access to 2 further berths through a user agreement. The latter berths have a depth of 44,3 ft and can accommodate vessels up to 80.000 DWT. Road tank trucks and iso-tank containers are handled at one of OTK뭩 15 bays. OTK also offers comprehensive drum filling and container stuffing services. OTK was rewarded The Korea Safety Award in 2007.

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