Stolt-Nielsen expects weak chemical market into next year

Stolt Nielsen's chemical tanker's operating result decreased in the third quarter of this year, where spot rates were kept down by too many vessels.
Photo: Stolt-Nielsen Limited
Photo: Stolt-Nielsen Limited

Chemical tanker carrier Stolt Tankers, which is part of the Stolt-Nielsen family's shipping business, saw its operating result drop in the third quarter where the carrier booked an operating profit of USD 21.4 million compared with USD 34.4 million in the same period last year.

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