Tanker

Stolt-Nielsen cleared for deal worth hundreds of millions

Competition authorities have approved Stolt-Nielsen's acquisition of Jo Tankers' fleet of 13 chemical tankers and a newbuilding program of eight vessels. The deal amounts to almost half a billion dollars and is expected finalized in November.
Photo: Stolt-Nielsen
Photo: Stolt-Nielsen
by NIKLAS KRIGSLUND

Norwegian carrier Stolt-Nielsen has received approval to buy Jo Tankers' fleet of chemical tankers.

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