Stolt-Nielsen’s second-quarter rates not expected to fall as much as investors feared

Elevated volatility, Stolt says – Bulk DistributorBulk Distributor

Stolt Tank Containers (STC) reported second-quarter revenue of US$164.7 million, a decrease of 1.4% from $167.1 million in the second quarter of 2024. Higher transport margins and demurrage and ancillary revenue were offset by 4.5% lower shipment volumes compared to the same quarter last year. STC reported a second-quarter operating profit of $12.2 million, a 2.8% drop from $12.5 million in the same quarter of 2024. Lower transport costs were of…

Stolt-Nielsen’s second-quarter rates not expected to fall as much as investors feared

Analysts expect time-charter equivalent rates to come in at the midpoint of the 2% to 5% guidance