Stolt-Nielsen Transportation Group Ltd. (SNTG), a wholly-owned subsidiary of Stolt-Nielsen S.A. announced a co-service agreement for operational matters for the carriage of bulk liquids from ports in the U.S. Gulf to ports in Asia. maintaining the commercial independence of SNTG and JOT. can be achieved by working together to allocate cargoes to particular ships. Both companies will continue to market their ships and services independent of each other, and the contractual relationship between individual carriers and their respective customers will remain private and confidential. The Combined Service Agreement is due to commence on February 1, 2002.