Stolt Parcel Purchases Four Chemical Parcel Tankers From Danish Interest

Stolt Parcel Tankers Inc. purchased four 4,700-dwt chemical parcel tankers from Finansieringsselskabet Gefion A/S, Denmark. Acquisition of the ships provides the company with one of the most modern and competitive coastal chemical tanker fleets in Europe. The ships will be traded in the Stolt-Nielsen Inter Europe Service (SNIES).

The four vessels were built in 1991 and 1992 at Aarhus Flydedok in Denmark, and are IMO type 2/3 ships, with 14 stainless steel cargo tanks each. Delivery of the ships is expected to be completed by March, and the tankers will be renamed M/T Stolt Dipper, Stolt Tern, Stolt Kite and Stolt Petrel. Stolt Parcel Tankers Inc. is part of the Stolt-Nielsen S.A. group, which provides transportation services for bulk liquid chemicals and other specialty liquids through its parcel tanker, tank container, terminal, rail and barge services.