Stolt-Nielsen CEO expects imminent upturn in chemical tanker

Chemical tanker carrier Stolt Tankers, part of Stolt-Nielsen, saw declining results in the third quarter compared to the same period last year. On the horizon, CEO sees improvements in the market.

Photo: PR / Stolt Tankers

Stolt Tankers saw declining results in the third quarter compared to the same period last year.

Part of Stolt-Nielsen, the chemical tanker operator books an operating result for the period of USD 24.1 million, which is USD 4 million less than the same quarter last year but an increase of USD 12.6 million since the second quarter, according to the company's unaudited results released Wednesday.

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