Stolt-Nielsen takes a beating on the Oslo Stock Exchange

Investors on the Oslo Stock Exchange have cut almost 30 percent of Stolt-Nielsen's market value in 2014. On Tuesday, gas carriers such as Avance Gas and BW LPG led the decline in shipping shares.

Tanker and chemical carrier Stolt-Nielsen has had a rough 2014 on the Oslo Stock Exchange. The share has dropped almost 30 percent this year, from around USD 27.3 when the share peaked to just USD 14.7 today.

Stolt-Nielsen dropped another 1.3 percent on Tuesday alongside numerous other shipping shares on the Oslo Stock Exchange, where even much-hyped gas shares such as Avance Gas Holding and BW LPG took a beating, dropping around eight and seven percent, respectively.

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