Stolt-Nielsen goes to ShinA for newbuildings

Stolt-Nielsen SA of Norway announced that its Stolt-Nielsen Transportation Group (SNTG) unit has ordered four 44,000DWT parcel tankers from South Korea's ShinA Shipbuilding. The aggregate price for the four ships is expected to be just under $230 million and delivery is scheduled to begin in the second quarter of 2008.

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