Tanker

Stolt-Nielsen expects better times for its chemical ships in 2024

A slim order book and signs of less swing tonnage in the chemical freight market trigger optimism at Norwegian shipping company.
"We remain optimistic that future renewals will be at strong rates. Our outlook for 2024 and beyond therefore remains positive," reads the third quarter report. | Photo: Stolt-nielsen
"We remain optimistic that future renewals will be at strong rates. Our outlook for 2024 and beyond therefore remains positive," reads the third quarter report. | Photo: Stolt-nielsen
by DANIEL LOGAN BERG-MUNCH

Norwegian shipping group Stolt-Nielsen exits the third quarter with bottom line growth despite lower spot rates in the chemicals market.

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