ShippingWatch

Improved chemical tanker benefited Stolt-Nielsen in 2Q

The second quarter of the year provided another boost for Stolt-Nielsen Limited. Especially the group's chemical carrier Stolt Tankers is contributing, but the current market conditions will not last, warns CEO Niels G. Stolt-Nielsen.

Photo: Stolt-Nielsen Limited

Stolt-Nielsen Limited boosted the result in the second quarter to USD 42.5 million from USD 38.7 million in the first quarter of the year, according to the interim report released Thursday morning. Revenue increased as well, to USD 500.7 million from USD 487.7 million in the previous quarter.

The company's chemical tanker carrier, in particular, contributed to the increased result, says CEO Niels G. Stolt-Nielsen in a comment on the financial report.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs