Stolt-Nielsen Ltd.
Stolt-Nielsen Ltd.
05/06/2022 | Press release | Distributed by Public on 05/06/2022 01:02
Stolt Tankers to Purchase Three 33,600 DWT Chemical Tankers
Tid06.05.2022, 07:00:00
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Stolt Tankers to Purchase Three 33,600 DWT Chemical Tankers
LONDON, May 6, 2022 - Stolt-Nielsen Limited (Oslo Børs: SNI) announced today
that Stolt Tankers B.V. has entered into agreements to acquire three 33,600 dwt
stainless steel chemical tankers built in Japan. The ships are expected to be
delivered into Stolt Tankers' fleet between July and September 2022.
Commenting on the purchase, Stolt Tankers President, Lucas Vos, noted "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."
For additional information please contact:
Jens F. Grüner-Hegge
Chief Financial Officer
UK +44 (0) 20 7611 8985
[email protected] (mailto:[email protected])
Ellie Davison
Head of Corporate Communications
UK +44 (0) 20 7611 8926
[email protected] (mailto:[email protected])
About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the 'Company') is a long-term investor and manager of
businesses focused on opportunities in logistics, distribution and aquaculture.
The Stolt-Nielsen portfolio consists of its three global bulk-liquid and
chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt
Tank Containers - Stolt Sea Farm and a number of LNG investments. Stolt-Nielsen
Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
that Stolt Tankers B.V. has entered into agreements to acquire three 33,600 dwt
stainless steel chemical tankers built in Japan. The ships are expected to be
delivered into Stolt Tankers' fleet between July and September 2022.
Commenting on the purchase, Stolt Tankers President, Lucas Vos, noted "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."
For additional information please contact:
Jens F. Grüner-Hegge
Chief Financial Officer
UK +44 (0) 20 7611 8985
[email protected] (mailto:[email protected])
Ellie Davison
Head of Corporate Communications
UK +44 (0) 20 7611 8926
[email protected] (mailto:[email protected])
About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the 'Company') is a long-term investor and manager of
businesses focused on opportunities in logistics, distribution and aquaculture.
The Stolt-Nielsen portfolio consists of its three global bulk-liquid and
chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt
Tank Containers - Stolt Sea Farm and a number of LNG investments. Stolt-Nielsen
Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act