Stolt-Nielsen Limited is still noting strong developments for the group's chemical tanker business, but the struggling container market and a major impairment on the company's terminal and port business pulled the Norwegian shipping group down in the third quarter, ending August 31.
The group's net result came to USD 30.1 million in the third quarter, down from USD 42.5 million in the second quarter 2015, according to Stolt-Nielsen's unaudited third quarter interim report, published Thursday. Revenue finished at USD 500.7 million, on par with the previous quarter.
Already a subscriber? Log in.
Read the whole article
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
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.