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Lucas Vos to step down as President, Stolt Tankers

Lucas Vos to step down as President, Stolt Tankers
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.

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New Joint Venture to Help Meet Bulk Liquid-Storage Demand in Taiwan – Advanced BioFuels USA

New Joint Venture to Help Meet Bulk Liquid-Storage Demand in Taiwan – Advanced BioFuels USA
advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.

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Logistics sector nears 2008 financial crisis level

Logistics sector nears 2008 financial crisis level
The supply chain and logistics industry is approaching pre-financial crisis levels thanks to shortages in drivers and shipping capacity, as the food industry continues to grapple with the effects of COVID-19 and Brexit.
That’s the verdict of one operator, Stolt Tank Containers. Global trucking and shipping costs would stay high for a while as changing trade patterns, increased supply chain volatility and current low delivery books for ships pushed up prices, the business claimed.
Its president Michael Kramer warned that the last time the industry saw conditions even close to resembling the current market was just before the 2008 financial crisis. ....

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Stolt-Nielsen Limited Reports Reduced First Quarter Net Profit | Hellenic Shipping News Worldwide

Stolt-Nielsen Limited Reports Reduced First Quarter Net Profit
Stolt-Nielsen Limited reported unaudited results for the first quarter ended February 28, 2021. The Company reported a first-quarter net profit attributable to shareholders of $2.5 million, with revenue of $480.2 million, compared with a net profit attributable to shareholders of $13.4 million, with revenue of $480.6 million, in the fourth quarter of 2020.
Highlights for the first quarter, compared with the fourth quarter of 2020, were:
• Stolt Tankers reported operating profit of $12.9 million, down from $31.9 million, as COA volumes eased off and spot rates weakened. During the quarter the five modern stainless-steel ships bought from CTG joined the Stolt Tankers Joint Service (STJS). ....

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Tanker Operator Stolt-Nielsen Limited reports unaudited results for the first quarter of 2021

Apr 09 2021
Stolt-Nielsen Limited (Oslo Børs: SNI) reported unaudited results for the first quarter ended February 28, 2021.
The Company reported a first-quarter net profit attributable to shareholders of $2.5 million, with revenue of $480.2 million, compared with a net profit attributable to shareholders of $13.4 million, with revenue of $480.6 million, in the fourth quarter of 2020.

Highlights for the first quarter, compared with the fourth quarter of 2020, were:
Stolt Tankers reported operating profit of $12.9 million, down from $31.9 million, as COA volumes eased off and spot rates weakened. During the quarter the five modern stainless-steel ships bought from CTG joined the Stolt Tankers Joint Service (STJS). ....

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