Search results for: Stolt-Nielsen

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  • 27 March 2018
    Vessels

    A keel laying ceremony was held on March 24 for Stolt-Nielsen’s two small-scale liquefied natural gas (LNG) carriers at the Keppel Nantong Shipyard in China. The two 7,500-cbm capacity LNG carriers, currently known as hull H400 and H401, will also have ship-to-ship bunkering capability. To remind, Keppel Offshore & Marine’s unit, Keppel Singmarine won the contract worth […]

  • 11 June 2015
    Business & Finance

    Stolt-Nielsen Limited and Golar LNG Limited announced today the formation of a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen Limited has invested in Golar LNG through open-market purchases, representing an ownership stake of approximately 2.3% in the company. As informed, the joint venture between Golar and Stolt-Nielsen will draw […]

  • 11 June 2015

    Golar LNG and Stolt-Nielsen Limited said they have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has also made an investment in Golar through open market purchases, representing an ownership stake of approximately 2.3%. The joint venture between Golar and Stolt-Nielsen will draw upon the logistics and small-scale […]

  • 6 October 2016

    Norwegian-listed shipping company Stolt-Nielsen is aiming to decide on ordering two small-scale LNG carriers during the fourth quarter of this year. The order for the small-scale carriers is “ready to be confirmed,” Niels Stolt-Nielsen, CEO of Stolt-Nielsen said in a conference call on Thursday after announcing the company’s third-quarter results. To remind, the CEO said in July […]

  • 8 July 2016
    Vessels

    Norwegian-listed shipping company Stolt-Nielsen plans to order a number of 7,500-cbm LNG carriers to ship the chilled fuel for the Sardinia LNG import project in Italy. Stolt-Nielsen’ unit, Stolt-Nielsen Gas, has last year bought a 10 percent stake, with an option to acquire up to 80 percent of HiGAS, the company developing the Italian LNG […]

  • 11 June 2015

    Golar LNG and Stolt-Nielsen Limited said they have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has also made an investment in Golar through open market purchases, representing an ownership stake of approximately 2.3%. The joint venture between Golar and Stolt-Nielsen will draw upon the logistics and small-scale […]

  • 6 July 2017

    Norwegian-listed shipping company Stolt-Nielsen said its unit, Stolt-Nielsen Gas set up Avenir LNG, a unit to focus on the development of small-scale LNG supply chain.

  • 4 March 2011
    Project & Tenders

      Stolt-Nielsen Limited announced that it has acquired through one of its subsidiaries a non-controlling interest in Seaweed Energy Solutions AS, an alternative energy start-up focused on the development of bioethanol and biogas production from the sustainable large-scale cultivation of seaweed. Founded in 2006, SES holds a patent for the Seaweed Carrier, the first structure […]

  • 24 May 2017

    Keppel Offshore & Marine’s unit, Keppel Singmarine secured a contract worth a total of S$103 million (US$74.2 million) to build two LNG carrier vessels for Stolt-Nielsen Gas, a unit of Stolt-Nielsen.

  • 15 October 2015

    Stolt-Nielsen informed that its unit, Stolt-Nielsen Gas, has purchased 10 percent of the shares in HIGAS, with an option to acquire up to 80 percent of the company.

  • 9 October 2017

    Stolt-Nielsen’s unit, Stolt-Nielsen Gas increased its ownership in Higas to 66.25 percent with a $5.6 million investment. 

  • 18 June 2012
    Business & Finance

    Stolt-Nielsen Limited announced on June 7th that Avance Gas Holding Ltd. (AGHL), a company owned equally by Sungas Holdings Ltd. and Stolt-Nielsen Gas Ltd., has agreed to acquire two VLGCs-Maran Gas Knossos and Maran Gas Vergina-from Maran Gas Maritime Inc. The ships are expected to join Avance Gas Limited’s (AGL) fleet by the end of […]

  • 31 January 2017
    Business & Finance

    Oslo-listed shipowner Stolt-Nielsen has reported a net profit of USD 113.2 million for 2016, down from the net profit of USD 133.1 million seen in the previous year. The company’s revenue for the full year stood at USD 1.87 billion, compared with a revenue of USD 1.98 billion in 2015. For the fourth quarter ended November 30, […]

  • 22 May 2015
    Business & Finance

    Stolt-Nielsen Gas, a subsidiary Norway’s liquid bulk transporter Stolt-Nielsen Limited,  and Sungas Holdings have agreed to sell up to 5 million common shares in Avance Gas Holding, expected to fetch up to USD 81 million. Stolt-Nielsen Gas and Sungas have sold or agreed to sell  2,500,000 common shares in Avance Gas each, representing around 7.1% of the shares in issue, […]

  • 28 May 2014
    Business & Finance

    Stolt-Nielsen Limited (SNI) has announced that Stolt-Nielsen Gas Ltd. (SNG), SunLNG Holding Ltd. (SunLNG) and LNGaz Ltd. have agreed to form a new start-up focused on the development of small-scale LNG liquefaction and logistics services in Bécancour, Québec, Canada. The new joint venture, to be named Stolt LNGaz Ltd., will have a Canadian operating subsidiary, Stolt LNGaz Inc. The […]

  • 5 April 2019
    Business & Finance

    The fire at a petrochemical storage facility erupted on March 17.

  • 8 October 2018
    Project & Tenders, Vessels

    Keppel Offshore & Marine’s unit Keppel Singmarine has signed two additional contracts with Stolt-Nielsen Gas to build two additional small-scale LNG carriers worth a total of around S$105 million ($75.9 million).

  • 17 November 2016
    Business & Finance

    Oslo-listed shipowner Stolt-Nielsen Limited has received unconditional Competition Authority approvals of the company’s plans to acquire the chemical tanker operations of Jo Tankers. Following the approval, the company said that the USD 575 million acquisition is expected to be finalized before the end of November. The transaction comprises 13 chemical tankers, consist of eight all stainless […]

  • 27 March 2018

    Norwegian-listed shipping company Stolt-Nielsen has named a new chief financial officer as current CFO retires and is appointed to the company’s board of directors.

  • 4 October 2006

    Stolt-Nielsen Transportation Group (SNTG), a subsidiary of Stolt-Nielsen S.A. (NasdaqNM: SNSA; Oslo Stock Exchange: SNI), announced today that it will enter into an agreement with Aker Yards ASA (Aker Yards) to build in Flor

  • 8 June 2012
    Vessels

    Stolt-Nielsen Limited announced that Avance Gas, a company owned equally by Sungas Holdings and Stolt-Nielsen Gas, has agreed to acquire two VLGCs-Maran Gas Knossos and Maran Gas Vergina-from Maran Gas Maritime Inc. The ships are expected to join Avance Gas Limited’s fleet by the end of August 2012, increasing the size of the fleet to […]

  • 10 October 2017
    Business & Finance

    As the separation of Stolt Tankers as a stand-alone company from Belgium’s Stolt-Nielsen Limited (SNL) nears completion, the company is ready to pursue merger and acquisition opportunities that might come its way. “Now we are ready to do another deal, meaning either acquiring a competitor or merging with a competitor using shares instead of cash,” Niels […]