Dubai-based United Arab Chemical Carriers (UACC) is bullish about its chemical and product tanker fleet as the Middle East, and especially the GCC, continues a massive refinery build-out that should add at least 3.3 million barrels per day of...

Stolt Nielsen has reported a third quarter profit of $14.6m, down from a $20.8m profit recorded in the same period last year.

The global chemical tanker market is expected to remain challenging over the next few years due mainly to a lack of demand and freight rates staying at below profitable levels, according to Niels G Stolt-Nielsen, ceo of Stolt-Nielsen Limited.

Tiger Group Investments and Standard Chartered Private Equity (SCPE) have agreed to jointly invest $95m in Shanghai-based Greathorse Chemical for it to buy chemical tankers.

MISC is believed to be taking positive steps towards improving its performance, with local reports quoting CIMB Equities Research as saying that it plans to sell another eight of its own chemical tanker vessels in the third to fourth quarters of...

Chinese yard Jiangsu New Hantong Ship Heavy Industry has bagged orders to build up to ten 38,000 dwt stainless steel chemical tankers for two shipowners.

China’s Ningbo Xinle Shipbuilding has clinched a deal to construct two 13,000 dwt chemical tankers for Spanish shipowner Elcano.

China Shipping Haisheng (CS Haisheng) has forecast a net loss of RMB90.61m ($14.59m) in the first half ended 30 June 2014 amid weak shipping demand and surplus vessel capacity.

NYK Stolt Shipholdings has ordered a pair of 12,500 dwt parcel tankers at Japanese yard Usuki Shipyard.

Hyundai Mipo Dockyard (HMD) has won an order worth $185m to build six petrochemical product vessels from US-based Alterna Capital.