Stolt-Nielsen could benefit from recovery among competitors

The boom in the tanker market could mean that pure-play chemical tanker operators once more get their market to themselves, says the CEO of Stolt-Nielsen, which published its results for 2019 on Thursday.

Photo: PR/Stolt-Nielsen

Norwegian shipping group Stolt-Nielsen hopes that an expected recovery for carriers transporting oil products might also benefit the otherwise hard-strained market for chemical product transports.

In recent years, product tanker ships have been stealing business from the pure-play chemical tanker operators.

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