Stolt-Nielsen Acquires Parcel Tankers

Wednesday, May 10, 2006
Stolt-Nielsen S.A. announced that its wholly owned subsidiary, Stolt-Nielsen Transportation Group (SNTG), has acquired two parcel tankers, each of approximately 8,600 deadweight tons, to meet growing customer demand in the Company's inter-European service. The sisterships M/T Bow Wave and M/T Bow Wind, previously on time charter to Odfjell ASA, were purchased from Iino Lines for $18.5m each. SNTG expects to take delivery of the ships between July and November of this year.

Both ships were built to IMO II standards in 1999 by the Usuki Shipyard Co. Ltd. of Japan. Features include double hulls, fully stainless steel tanks, and 20 segregations per ship. M/T Bow Wave and M/T Bow Wind will be renamed M/T Stolt Skua and M/T Stolt Teal, respectively.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Jones Act Tanker Chartered for Airline Refinery

Delta Air Lines Inc's refining unit has chartered a U.S.-flagged oil tanker for the first time, allowing it to tap directly into cheap Texas shale oil as the company overhauls its supply strategy.

Horizon Delivers 4th 74’ Towboat for Canal Barge Co.

Horizon Shipbuilding, Inc., Bayou La Batre, AL, has delivered the fourth in a series of 74’ towboats to Canal Barge Company, Inc. of New Orleans, LA.    The Jane

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

 
 
Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0711 sec (14 req/sec)