Stolt Tankers hit by downturn in chemical tanker

CEO Niels G. Stolt-Nielsen does not see any signs of improvement before the second half of 2018, when the many new chemical tanker vessels have been delivered and barring no new ones are ordered.

by OLE ANDERSEN

Stolt Tankers finished the second quarter with an operating profit of USD 27.6 million against USD 28.5 million in the first three months of the year.

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Stolt-Nielsen continues to battle with low tanker rates
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