Stolt-Nielsen Limited (SNL) saw its first half profit plunged despite a rise in revenue, as the group was dragged down by continued softness in the chemical tanker market.
Stolt-Nielsen Limited has recorded a drop in earnings for its financial year ended 2016 compared to the previous year, but the results were largely in line with expectations.
Stolt-Nielsen has received unconditional approvals from the competition authorities for the acquisition of Jo Tankers’ chemical tanker operations, paving the way for the deal to be completed before end-November this year.
Stolt-Nielsen Limited has posted a dip in earnings for its first quarter ended 29 February 2016 compared to the year-ago period, held back by lower contributions from Stolt Tankers and Stolt Tank Containers.
Stolt Nielsen's ceo has said the company remains worried about the outlook for its tanker outfit due to the large orderbook for...
Stolt-Nielsen Limited has agreed to buy 1m of its own shares at NOK110 per unit ($16.2), one day after announcing a 3.1m share...
Stolt Nielsen has reported a third quarter profit of $14.6m, down from a $20.8m profit recorded in the same period last year.
Stolt-Nielsen has reported a net profit of $31.1m for the second quarter, boosted by a $24.4m in one-off gains from the Avance Gas Holdings Limited (AGHL) IPO.
Stolt-Nielsen Gas has signed an agreement with SunLNG and LNGaz to form a start-up, Stolt LNGaz, to facilitate LNG operations in Canada.
Stolt-Nielsen and Trafigura have announced they are to cooperate on the development of a bitumen storage and distribution centre in the UK.