Stolt-Nielsen

What Stolt-Nielsen does

Stolt-Nielsen Limited (Oslo Børs: SNI; OTCMKTS: SOIEF) is a Bermuda-domiciled, publicly traded integrated bulk-liquid logistics and sustainable aquaculture company founded in 1959 by Jacob Stolt-Nielsen, who invented the modern parcel tanker using a deep-well submersible pump cargo discharge system. The group operates four core divisions: Stolt Tankers operates a fleet of 167 chemical tankers with 3.2 million DWT capacity transporting over 26 million tonnes of bulk-liquid chemicals, edible oils, acids, and clean petroleum products annually; Stolthaven Terminals runs 15 owned and joint-venture bulk-liquid storage terminals with approximately 5.1 million cubic metres of capacity handling chemicals, clean petroleum products, LPGs, biofuels, vegetable oils and alternative fuels; Stolt Tank Containers operates the world's largest ISO tank container fleet of 65,000 units (expanded by 11,000+ via the November 2025 Suttons International acquisition) serving door-to-door logistics across 100+ countries; and Stolt Sea Farm runs 14 land-based recirculating aquaculture system (RAS) farms in Spain producing 7,200 tonnes of turbot and 1,800 tonnes of sole annually.

The company makes money primarily through usage-based freight (TCE) revenue from parcel tanker voyages, recurring storage and handling fees at terminals, transaction-based door-to-door ISO tank container logistics, and transaction-based sales of premium aquaculture products to HORECA and retail customers in 30+ countries. Stolt Investments holds 100% of Avenir LNG (50% JV with NYK Line from March 2026) and minority stakes in Odfjell SE (13.6% A shares), The Kingfish Company (12.3%), Golar LNG (2.5%), and Ganesh Benzoplast (6.1%). The go-to-market is enterprise field sales through 14+ worldwide offices (Rotterdam, Houston, Singapore, Shanghai, Tokyo, Dubai, Zug, Manila, Mumbai, etc.), supported by customer portals (MyStoltTankers, MyStolthaventerminals), industry events, and direct B2B relationships with global chemical, energy, and food-grade majors including BASF, Dow Chemical, ExxonMobil, and Covestro. FY 2025 operating revenue was $2,769 million with EBITDA of $775.5 million (the second-highest in company history), and the company employs approximately 7,000 people across 30 countries.

Name

Stolt-Nielsen

Legal name

Stolt-Nielsen Limited

Website

https://stolt-nielsen.com

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Stolt-Nielsen is a publicly traded integrated bulk-liquid logistics and aquaculture company operating the world's largest chemical tanker fleet (167 ships), largest ISO tank container fleet (65,000+ units), 15 bulk-liquid storage terminals (5.1M cbm), and 14 land-based aquaculture farms producing turbot and sole for global chemical, energy, and food-grade customers across 30+ countries.

Ownership category

akta.pro rank

Product category

Bulk-liquid logistics and transportation

NAICS

Deep Sea Freight Transportation (483111), Petroleum Bulk Stations and Terminals (424710)

SIC

Deep Sea Foreign Transportation Of Freight (4412), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Liquid Bulk / Crude & Product Tanker Operators (VLCC/Suezmax/Aframax/MR) (TLADABAD)

akta.pro secondary industries

Chemical Tank Farms & Bulk Liquid Chemical Storage (TLALAHAH), Food-Grade Liquid Bulk Transport (Milk/Juice/Edible Oils/Syrups) (TLADALAD), Edible Oils & Food-Grade Liquid Terminals (TLAHABAJ), Aquaculture & Fish-Farm Service Vessels (Feed, Wellboats, Harvest Support) (IMAJADAF)

Keywords

• Chemical tanker shipping
• Bulk liquid logistics
• ISO tank containers
• Parcel tanker operations
• Land based aquaculture

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Stolt Tankers (Parcel Tanker Operations): Leading operator of deep-sea and regional chemical tankers — 167 ships transporting more than 26 million tonnes of cargo annually across Europe, the Middle East, Asia Pacific, Caribbean, US and Latin America. Revenue generated from freight rates (TCE — time charter equivalent) for transporting bulk-liquid chemicals, edible oils, acids and clean petroleum products.
2. Stolthaven Terminals (Storage & Handling): Global network of 15 owned and joint-venture bulk-liquid terminals with approximately 5 million cubic metres of storage capacity. Provides storage and handling for chemicals, clean petroleum products, LPGs, biofuels, vegetable oils, alternative fuels and feedstocks. Revenue from terminal storage fees and specialised handling services.
3. Stolt Tank Containers (ISO Tank Logistics): World's largest fleet of 65,000 ISO tank containers for door-to-door shipments of bulk-liquid chemicals and food-grade products across more than 100 countries. Revenue from tank container transportation and logistics services.
4. Stolt Sea Farm (Aquaculture): Land-based turbot and sole production with 14 farms producing 7,200 tonnes of turbot and 1,800 tonnes of sole annually. Revenue from seafood production and sales to restaurants, hotels, foodservice and supermarkets in more than 30 countries.
5. Stolt Investments (LNG & Other): 100% ownership of Avenir LNG (now 50% JV with NYK Line post March 2026), stakes in Golar LNG (2.5%), Odfjell SE (13.6% A shares), The Kingfish Company (12.3%), and Ganesh Benzoplast (6.1%). Revenue includes dividends and share of earnings from associates.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Stolt-Nielsen provides integrated bulk-liquid logistics and transportation services through four operating divisions: Stolt Tankers operates 167 chemical parcel tankers for global shipping of bulk-liquid chemicals, edible oils, acids and clean petroleum products; Stolthaven Terminals provides bulk-liquid storage across 15 terminals with 5.1 million cubic metres of capacity; Stolt Tank Containers offers door-to-door logistics via the world's largest fleet of 65,000 ISO tank containers; and Stolt Sea Farm produces premium turbot and sole through 14 land-based aquaculture farms.

Product overview

Stolt-Nielsen is a diversified bulk-liquid logistics and sustainable aquaculture company operating as an integrated platform of five distinct business divisions. Stolt Tankers operates 167 chemical tankers for global parcel shipping; Stolthaven Terminals provides storage services through 15 terminals with 5.1 million cbm capacity; Stolt Tank Containers offers door-to-door ISO tank logistics with the world's largest fleet of 65,000 containers; Stolt Sea Farm produces premium turbot and sole through 14 land-based farms; and Stolt Investments manages strategic holdings including 100% of Avenir LNG and minority stakes in shipping and logistics companies. These divisions work together to deliver integrated ship-to-shore logistics solutions, with the company recently expanding through the acquisition of Suttons International adding 11,000+ ISO tank containers and forming a joint venture with NYK Line in LNG bunkering.

Differentiator

Problem solved

Functional benefit

Products and services

• Stolt Tankers Chemical Tanker Services
• Stolthaven Terminals Bulk-Liquid Storage Services
• Stolt Tank Containers ISO Tank Logistics
• Stolt Sea Farm Aquaculture Production
• Avenir LNG Small-Scale LNG Bunkering
• MyStoltTankers Customer Portal

Quantifiable outcome

• Transported over 26 million tonnes of cargo annually across Europe, Middle East, Asia Pacific, Caribbean, US and Latin America
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• RevivegenminorStrategic or Co-development Partner · 9 April 2026Stolthaven Terminals joint venture with Revivegen in Kaohsiung, Taiwan commenced operations with over 60,000 cubic metres of storage. This expands Stolthaven's presence in the Asian tank storage market.
• NYK LinecoreStrategic or Co-development Partner · 16 March 2026Stolt-Nielsen (through subsidiary Stolt-Nielsen Gas Ltd.) entered into a share purchase agreement to sell 50% of Avenir LNG Limited to NYK Line, forming a strategic joint venture in the LNG bunkering sector. The partnership aims to expand small-scale LNG and LNG bunkering opportunities to support the maritime industry's transition to LNG and bio-LNG as cleaner marine fuels. The transaction is expected to close in mid-2026, subject to regulatory approvals.
• NYK LinecoreStrategic or Co-development Partner · 16 March 2026Forming a joint venture in Avenir LNG with NYK Line to expand small-scale LNG and LNG bunkering services. Expected to remove $112 million in debt and $120 million in future CapEx from Stolt-Nielsen's balance sheet. Stolt-Nielsen Gas subsidiary owns 100% of Avenir LNG pre-transaction.
• Rönesans HoldingminorStrategic or Co-development Partner · 22 April 2025Stolthaven Terminals partnered with Rönesans Holding on a landmark terminal in Türkiye. This is a joint venture to develop new terminal capacity in Turkey, enhancing Stolthaven's global network.
• Golar LNGminorStrategic or Co-development Partner · 27 January 2025Stolt-Nielsen acquired Golar LNG's stake in Avenir LNG for $40 million. Golar LNG will maintain a 25% stake and provide debt support to HIGAS, an LNG storage terminal in Sardinia. Golar is the co-founder of Avenir LNG.
• NYK Line, ENEOS Ocean, and SU NavigationminorStrategic or Co-development Partner · 25 September 2024Expansion of the Stolt NYK Asia Pacific Services Pool tanker pool. Stolt Tankers, NYK Line, ENEOS Ocean and SU Navigation expanded this joint commercial tanker pool covering the Asia Pacific region. Pool vessels include ships from all four partners operating under the joint commercial management of Stolt Tankers.
• ExxonMobilminorStrategic or Co-development Partner · 12 September 2024Stolthaven Dagenham serves as the key UK storage hub for ExxonMobil Basestocks, providing dedicated storage capacity for ExxonMobil's base oil products.
• Pecém Industrial and Port ComplexminorStrategic or Co-development Partner · 15 July 2024Stolthaven Terminals joined forces with the Pecém Industrial and Port Complex in Brazil to explore establishing a green hydrogen export hub, aligning with energy transition objectives.
• Dow Chemical, SGS, and Vopak IIAminorStrategic or Co-development Partner · 6 June 2024Stolt Tankers, Dow Chemical, SGS, and Vopak IIA partnered on a project to boost supply chain efficiency in the US, specifically focused on chemical logistics optimisation.
• AdvariominorStrategic or Co-development Partner · 30 May 2024Advario Stolthaven Antwerp is a joint venture terminal in Belgium (Haven 623, Scheldelaan 450, 2040 Antwerp). Advario is a partner in this terminal operation.
• SFL Corporation Ltd.minorStrategic or Co-development Partner · 23 April 2024Stolt Tankers announced a long-term agreement with SFL Corporation Ltd. for two 33,000 DWT chemical tankers. SFL owns the vessels and Stolt Tankers operates them under a long-term charter arrangement.
• NYK LinecoreStrategic or Co-development Partner · 30 January 2024Stolt Tankers and NYK celebrated 30 years of partnership in January 2024. The relationship includes the Stolt NYK Asia Pacific Services Pool and other commercial joint ventures.

Scale indicators27 records

Recent moves10 records

Expansion highlights8 records

Direct peers

• Vopak: Dutch global leader in independent bulk-liquid tank storage — operating ~36M cbm across 70+ terminals. Direct comparison to Stolthaven Terminals (5.1M cbm across 15 terminals); Vopak is materially larger and pure-play, providing a benchmark for storage-segment economics and reinvestment cadence.
• Scorpio Tankers: Public product-tanker pure-play with ~100+ MR/LR1 vessels transporting refined petroleum products and chemicals. Overlaps Stolt Tankers' clean-petroleum-product and parcel-chemical flows, and is the most directly comparable US-listed tanker equity for TCE-cycle analysis.
• Golar LNG: FLNG/LNG shipping specialist and former co-owner of Avenir LNG; Stolt-Nielsen still holds ~2.5% of Golar post-Avenir transaction. Overlap with Stolt's LNG-bunkering strategy and a relevant comparable for monetising LNG infrastructure across geographies.
• NYK Line: Japanese global shipping line and 30-year partner to Stolt Tankers, co-running the Stolt NYK Asia Pacific chemical tanker pool. Now also Stolt's 50/50 JV partner in Avenir LNG after the March 2026 transaction — making NYK both a direct competitor in the chemical-tanker pool structure and a strategic ally across bunker logistics.
• Odfjell SE: Norwegian-listed chemical/parcel tanker operator with a complementary global terminal network (Odfjell Terminals). The closest functional twin to Stolt-Nielsen — both run deep-sea parcel tankers and bulk-liquid storage; Stolt-Nielsen itself owns 13.6% of Odfjell's A-shares, indicating they compete and cooperate within the same niche.
• Hafnia: Singapore-based product and chemical tanker operator (part of the BW Group) with ~200 vessels across MR/LR1 fleets. Competes head-to-head with Stolt Tankers in the global chemicals/Petroleum-products parcel trades and is the most relevant mid-sized peer on the water.

Broad incumbents

• Mowi ASA: World's largest Atlantic-salmon aquaculture company and the closest Norwegian-listed peer to Stolt Sea Farm's land-based aquaculture business. Benchmarks premium-aquaculture economics, ASC/certification moats and expansion-capex intensity relevant to Stolt's flatfish growth plans.
• Mitsui O.S.K. Lines (MOL): Japan's largest diversified shipping group with extensive chemical tanker, LNG carrier, and dry-bulk operations. Competes with Stolt in chemical tankers and bulk-liquid transport while also serving as an industry-benchmark incumbent across multiple shipping segments.

Regional players

• International-Matex Tank Terminals (IMTT): Privately held US bulk-liquid tank-storage operator with ~12M cbm concentrated on US Gulf Coast and Northeast ports. Direct comparable to Stolthaven's US terminal footprint (Houston, New Orleans/Braithwaite) and the most relevant North-America tank-storage peer.

Emerging players

• Ardmore Shipping: US-listed MR product/chemical tanker operator with ~25 vessels. Smaller and more focused than Stolt Tankers, but directly comparable on TCE-exposed spot/medium-term chemical and product tanker trades.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• LinkedInlinkedin.com/company/stolt-nielsen

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries7 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stolt-Nielsen