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Stolt Tankers & Terminals is the most commonly used company for cargo with
sophisticated handling requirements thanks to its operational and technical
knowledge and the vast experience of its staff.
Stolt-Nielsen Gas
Stolt-Nielsen Gas (SNG) builds on the Company’s global expertise in the safe
and efficient transportation of cargoes with specialised handling requirements.
SNG will also capitalise on the cost and resource advantages that stem from
having access to the global capabilities of Stolt-Nielsen S.A. and its operating
units.
SNG’s fleet currently includes two very large gas carriers (VLGCs), the
Yuhsho and the Stolt Avance. Yuhsho, built in 1999 with a capacity of 78,498
cbm, is currently on a three-year time charter to SNG.
Stolt Avance is the former Althea Gas, an 82,557 cbm VLGC built in 2003 and
acquired by SNG in late 2009. Both ships are traded in the spot and time-
charter markets. SNG expects to continue to charter and acquire ships as
attractive and competitively priced opportunities present themselves.
Stolt-Nielsen started in 1959 as Parcel Tankers Inc. with a chartered ship. By 1963
the company had opened offices in Oslo, Norway; New York, USA and Japan and
was operating 18 ships. In 1971 the first storage terminal was acquired and in 1972
Sea Farms (then not part of the Stolt-Nielsen Group) was founded. In 1988 the
company issued an initial public offering on NASDAQ. In 2005 Stolt-Nielsen sold
Stolt Offshore and in 2006 Marine Harvest.
Specialist ships
Such as anchor handling and supply vessels for the offshore oil
industry, salvage tugs, ice breakers and research vessels.