Stolt-Nielsen Transportation Group (SNTG), a subsidiary of Stolt-Nielsen SA, has reached agreement with the Kleven Floro yard in Norway for two 43,000 deadweight tonne parcel tankers for delivery in late 2007 and early 2008. These ships, which will each have 39 tanks, partly stainless steel, partly coated, will complement the all stainless steel tank ships SNTG built in the late 1990s and are expected to promote growth in the chemical markets. The aggregate price for the two ships is expected to be just under USD 160 million.
