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Stolt Tankers to buy three chemical tankers

Photo: Stolt-Nielsen Stolt Tankers vessel Stolt Pride
Stolt-Nielsen announced that it has agreed to purchase three stainless steel chemical tankers ahead of an expected market improvement.

The three 33,600 dwt stainless steel chemical tankers were built in Japan and will be delivered between July and September 2022. The company could not share further details of the transaction due to confidentiality agreements, it said.

Stolt Tankers President, Lucas Vos, said: “This acquisition is an excellent opportunity for Stolt Tankers to secure competitively priced tonnage ahead of an expected cyclical upturn in the chemical tanker industry.

“The newly added ships will lower our fleet age profile and can trade in any of our deep-sea lanes increasing flexibility across our fleet. In the end, Stolt Tankers’ customers are the real winners in this deal, as these ships will support our proven platform that provides a high quality, reliable service offering.”

TAGS: Europe