High contract rates behind increased Stolt Tankers profit in Q1

The chemical tanker market appears promising with high demand and limited supply, says Stolt-Nielsen after strong progress in the first quarter.
Photo: Pr/stolt-nielsen
Photo: Pr/stolt-nielsen

The Norwegian Stolt-Nielsen group, which includes chemical tanker operator Stolt Tankers, advanced markedly during the first quarter of 2023, not least due to strong progress in contract rates in the tanker market.

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