Stolt-Nielsen worried about the tanker market

2014 was a disappointing year for Norwegian Stolt-Nielsen as the anticipated improvement for chemical tanker carrier Stolt Tankers did not emerge. The company is worried about the significant chemical tanker orderbook in 2015, says CEO Niels G. Stolt-Nielsen.

BY KATRINE GRØNVALD RAUN

The final months of 2014 failed to provide Norwegian Stolt-Nielsen's chemical tanker carrier Stolt Tankers with the expected boost, and CEO Niels G. Stolt-Nielsen describes 2014 as a disappointing year for the company overall.

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Stolt-Nielsen worried about the tanker market

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Stolt-Nielsen takes a beating on the Oslo Stock Exchange

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Front page now

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs