Stolt-Nielsen

From Wikipedia, the free encyclopedia

Stolt-Nielsen S.A.

Type of Company	Public
Founded	1959
Headquarters	Luxembourgh
Key people	Niels G. Stolt-Nielsen (CEO) Jacob Stolt-Nielsen (Charman)
Industry	Shipping Seafood
Revenue	USD 1,638 million (2005)
Operating income	USD 182.4 million (2005)
Net income	USD 483.0 million (2005)
Website	www.stolt-nielsen.com

Stolt-Nielsen (OSE: SNI, NASDAQ: SNSA) is a Norwegian-Luxembourgh shipping and seafood company. The company has to main subsidiaries, Stolt-Nielsen Transportation Group and Stolt Sea Farms. The company has its headquarters in Luxembourgh and is listed on Oslo Stock Exchange and NASDAQ.

1 Operations
- 1.1 Stolt-Nielsen Transportation Group
- 1.2 Stolt Sea Farms
2 History
3 External links

[edit] Operations

[edit] Stolt-Nielsen Transportation Group

Stolt-Nielsen Transportation Group (SNTG) is one of the worlds largest parcel tanker companies with 130 ships and eight terminals. SNTG has 4,700 employees.

[edit] Stolt Sea Farms

Stolt Sea Farms is a fish farm producer of turbot and tuna. From 2005 the salmon, trout, halibut, tilapia, cod, sturgeon and caviar operations were merged into Marine Harvest.

[edit] History

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 1993 the company ussued an initial public offering on NASDAQ. In 2005 Stolt-Nielsen sold Stolt Offshore and in 2006 Marine Harvest.