  The Odin satellite is now into its twentieth year of operation, much
surpassing its design life of two years. One of its major pursuits was the
search for and study of H2O in the Solar System and the Milky Way galaxy.
Herschel has observed the central region of NGC 1365 in two positions, and both
its SPIRE and PACS observations are available in the Herschel Science Archive.
Herschel PACS images have been produced of the 70 and 160 micron infrared
emission from the whole galaxy, and also of the cold dust distribution as
obtained from the ratio of the 160 to 70 micron images. The Herschel SPIRE
observations have been used to produce maps of the 557 GHz o-H2O, 752 GHz
p-H2O, 691 GHz CO(6-5), 1037 GHz CO(9-8), 537 GHz CH, 835 GHz CH+, and the 1461
GHz NII lines; however, these observations have no effective velocity
resolution. Odin has recently observed the 557 GHz o-H2O ground state line in
the central region with high (5 km/s) spectral resolution. The emission and
absorption of H2O at 557 GHz, with a velocity resolution of 5 km/s, has been
marginally detected in NGC 1365 with Odin. The H2O is predominantly located in
a shocked 15" (1.3 kpc) region near some central compact radio sources and
hot-spot HII regions, close to the northeast component of the molecular torus
surrounding the nucleus. An analysis of the H2O line intensities and velocities
indicates that a shock-region is located here. This is corroborated by a
statistical image deconvolution of our SEST CO(3-2) observations, yielding 5"
resolution, and a study of our VLA HI absorption observations. Additionally, an
enticing 20" HI ridge is found to extend south-southeast from the nucleus,
coinciding in position with the southern edge of an OIII outflow cone,
emanating from the nucleus. The molecular chemistry of the shocked central
region is analyzed with special emphasis on the CO, H2O and CH, CH+ results.
