When Stolt-Nielsen considers future chemical tankers, “C38” beats “J19”, to use the jargon used by company executives.
That is not a reference to tiles in a game of Battleship. Rather, the chemical tanker owner is aiming to home its acquisitions radar on Chinese-built, 38,000-dwt parcel tankers (C38s), rather than on Japanese-built, 19,000-dwt vessels (J19s), say Stolt-Nielsen managers.
Stolt Tankers president Hans Feringa says the company has a sharp focus on these larger, more sophisticated stainless-steel ships as it seeks to capitalise on opportunities in a market that has only just begun its recovery.
“We
