Stolt-Nielsen
Encyclopedia
Stolt-Nielsen Limited is a Norwegian
-Bermudean
shipping
and seafood
company. The company has its headquarters formally in London although most of its operations are in Rotterdam, it is listed on Oslo Stock Exchange
.
The company’s three wholly owned terminals are located in New Orleans, Houston and Santos, Brazil. Stolthaven also participates in five joint venture operations: Jeong Il Tank Terminal (Ulsan
, South Korea), Oiltanking Stolthaven Antwerp, Stolthaven Ningbo
, Stolthaven Tianjin and Stolthaven Westport (Malaysia). A ninth terminal is under construction in Singapore
. The company also operates and maintains more than 330 railroad tank cars.
, sole
, sturgeon
and caviar
.
From 2005 the salmon
, trout
, halibut
, tilapia
, cod
, sturgeon
and caviar
operations were merged into Marine Harvest. From 2006 the sturgeon
and caviar
operation is merged back into the Stolt Sea Farm group.
ed ship. By 1963 the company had opened offices in Oslo
, Norway
; New York
, USA and Japan
and was operating 18 ship
s. 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 Limited sold Stolt Offshore and in 2006 Marine Harvest. In 2007 the company was voluntary delisted from NASDAQ
.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
-Bermudean
Bermuda
Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...
shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
and seafood
Seafood
Seafood is any form of marine life regarded as food by humans. Seafoods include fish, molluscs , crustaceans , echinoderms . Edible sea plants, such as some seaweeds and microalgae, are also seafood, and are widely eaten around the world, especially in Asia...
company. The company has its headquarters formally in London although most of its operations are in Rotterdam, it is listed on Oslo Stock Exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
.
Stolt Tankers
Stolt Tankers is one of the world's largest parcel tanker companies with a fleet of more than 150 ships and barges.Stolthaven Terminals
Stolthaven operates eight terminals with a total of 2.9 million cubic meters of storage capacity.The company’s three wholly owned terminals are located in New Orleans, Houston and Santos, Brazil. Stolthaven also participates in five joint venture operations: Jeong Il Tank Terminal (Ulsan
Ulsan
Ulsan , officially the Ulsan Metropolitan City, is South Korea's seventh largest metropolis with a population of over 1.1 million. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north and the Sea of Japan to the east.Ulsan is the...
, South Korea), Oiltanking Stolthaven Antwerp, Stolthaven Ningbo
Ningbo
Ningbo is a seaport city of northeastern Zhejiang province, Eastern China. Holding sub-provincial administrative status, the municipality has a population of 7,605,700 inhabitants at the 2010 census whom 3,089,180 in the built up area made of 6 urban districts. It lies south of the Hangzhou Bay,...
, Stolthaven Tianjin and Stolthaven Westport (Malaysia). A ninth terminal is under construction in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. The company also operates and maintains more than 330 railroad tank cars.
Stolt Tank Containers
Stolt Tank Containers (STC) operates the world’s largest fleet of stainless steel ISO tank containers, with more than 27,000 units in service. The fleet is supported by a global network of 24 offices and 11 state-of-the-art tank maintenance, repair and cleaning depots in strategic locations worldwide.Stolt-Nielsen Gas
Stolt-Nielsen Limited entered the market for the transportation of liquefied petroleum gas (LPG) in late 2009. On November 19, 2010, SNG entered into a partnership with Sungas Holdings Ltd to become equal shareholders in Avance Gas Holdings Ltd which was previously wholly owned by SNG. Avance Gas now owns four VLGCs, operates a fifth VLGC under a time charter, and time charters a medium-sized gas carrier.Stolt Bitumen Services
Stolt Bitumen Services (SBS) is a new division of Stolt-Nielsen Limited focused on the high quality, safe and reliable distribution of bitumen using modern bitumen tankers, bitutainers and storage terminals.Stolt Sea Farm
Stolt Sea Farm is a fish farm producer of turbotTurbot
The turbot is a species of flatfish in the family Scophthalmidae. It is native to marine or brackish waters of the North Atlantic, Baltic Sea and the Mediterranean Sea.-Etymology:...
, sole
Sole
Sole may refer to:* Sole , the bottom of the foot* Sole , the bottom supporting member of the shoe-Business:* Sole proprietorship, a business which legally has no separate existence from its owner...
, sturgeon
Sturgeon
Sturgeon is the common name used for some 26 species of fish in the family Acipenseridae, including the genera Acipenser, Huso, Scaphirhynchus and Pseudoscaphirhynchus. The term includes over 20 species commonly referred to as sturgeon and several closely related species that have distinct common...
and caviar
Caviar
Caviar, sometimes called black caviar, is a luxury delicacy, consisting of processed, salted, non-fertilized sturgeon roe. The roe can be "fresh" or pasteurized, the latter having much less culinary and economic value....
.
From 2005 the salmon
Salmon
Salmon is the common name for several species of fish in the family Salmonidae. Several other fish in the same family are called trout; the difference is often said to be that salmon migrate and trout are resident, but this distinction does not strictly hold true...
, trout
Trout
Trout is the name for a number of species of freshwater and saltwater fish belonging to the Salmoninae subfamily of the family Salmonidae. Salmon belong to the same family as trout. Most salmon species spend almost all their lives in salt water...
, halibut
Halibut
Halibut is a flatfish, genus Hippoglossus, from the family of the right-eye flounders . Other flatfish are also called halibut. The name is derived from haly and butt , for its popularity on Catholic holy days...
, tilapia
Tilapia
Tilapia , is the common name for nearly a hundred species of cichlid fish from the tilapiine cichlid tribe. Tilapia inhabit a variety of fresh water habitats, including shallow streams, ponds, rivers and lakes. Historically, they have been of major importance in artisan fishing in Africa and the...
, cod
Cod
Cod is the common name for genus Gadus, belonging to the family Gadidae, and is also used in the common name for various other fishes. Cod is a popular food with a mild flavor, low fat content and a dense, flaky white flesh. Cod livers are processed to make cod liver oil, an important source of...
, sturgeon
Sturgeon
Sturgeon is the common name used for some 26 species of fish in the family Acipenseridae, including the genera Acipenser, Huso, Scaphirhynchus and Pseudoscaphirhynchus. The term includes over 20 species commonly referred to as sturgeon and several closely related species that have distinct common...
and caviar
Caviar
Caviar, sometimes called black caviar, is a luxury delicacy, consisting of processed, salted, non-fertilized sturgeon roe. The roe can be "fresh" or pasteurized, the latter having much less culinary and economic value....
operations were merged into Marine Harvest. From 2006 the sturgeon
Sturgeon
Sturgeon is the common name used for some 26 species of fish in the family Acipenseridae, including the genera Acipenser, Huso, Scaphirhynchus and Pseudoscaphirhynchus. The term includes over 20 species commonly referred to as sturgeon and several closely related species that have distinct common...
and caviar
Caviar
Caviar, sometimes called black caviar, is a luxury delicacy, consisting of processed, salted, non-fertilized sturgeon roe. The roe can be "fresh" or pasteurized, the latter having much less culinary and economic value....
operation is merged back into the Stolt Sea Farm group.
History
Stolt-Nielsen Limited started in 1959 as Parcel Tankers Inc. with a charterCharter
A charter is the grant of authority or rights, stating that the granter formally recognizes the prerogative of the recipient to exercise the rights specified...
ed ship. By 1963 the company had opened offices in Oslo
Oslo
Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
; New York
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, USA and Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
and was operating 18 ship
Ship
Since the end of the age of sail a ship has been any large buoyant marine vessel. Ships are generally distinguished from boats based on size and cargo or passenger capacity. Ships are used on lakes, seas, and rivers for a variety of activities, such as the transport of people or goods, fishing,...
s. 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
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
on NASDAQ. In 2005 Stolt-Nielsen Limited sold Stolt Offshore and in 2006 Marine Harvest. In 2007 the company was voluntary delisted from NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
.