Norway’s Stolt-Nielsen is not aggressively seeking more contract cover for the group’s chemical tankers in healthy spot markets.

The Stolt Tankers fleet has 55% of days assigned to contracts of affreightment (COAs) currently.

“I’m very proud of what the team has been able to achieve in both the rates that they have secured under that portfolio, and the terms and conditions,” chief executive Niels Stolt-Nielsen told a conference call.