Stolt-Nielsen’s ageing chemical tanker fleet could prove a blessing in disguise when it comes to its decarbonisation push.

Stolt Tankers president Lucas Vos told TradeWinds that the Norwegian shipowner will have to replace 75% of its ships by 2035, which will push it to the forefront of future fuels and carbon-neutral vessel innovation.

The Oslo-listed shipping and terminals group has a target of halving CO2 emissions by 2030.