Stolt-Nielsen completes Norwegian fleet acquisition

Stolt-Nielsen has now purchased Jo Tankers' fleet of 13 chemical tankers along with an ownership share of 50 percent on eight newbuildings. The assets are worth USD 575 million.

by LENA RUTKOWSKI

Norwegian carrier Stolt Nielsen has now finalized its acquisition of Jo Tankers' chemical tanker fleet.

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Stolt-Nielsen cleared for deal worth hundreds of millions
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Stolt-Nielsen completes Norwegian fleet acquisition

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Stolt-Nielsen cleared for deal worth hundreds of millions

Stolt-Nielsen hit by lower tanker rates in Q3

Stolt-Nielsen takes over chemical tanker fleet for half a billion USD

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Spot prices for container freight continue to rise

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

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

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

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

14 arrested at demonstration in front of Maersk headquarters

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

Jobs