Stolt-Nielsen sees chemical tanker recovery towards end of 2018

The company, which is listed in Oslo and operates a fleet of 164 ships with a combined dwt tonnage of 3.02 million, said that in the three months to the end of August, the Stolt Tankers shipping unit had increased its operating profit to USD34.4 million from USD27.6 million in the previous quarter and from USD31.4 million in the third quarter of its 2016 financial year.