Stolt-Nielsen reported a fourth-quarter result that showed slight improvement from a year-ago. But the soft market for chemical tankers in 2016 impacted full-year results.
The Oslo-listed shipowner and terminal operator reported quarterly profit of $22.8m versus result of $21.1m a year earlier. Revenue for the period was down 6% to $462.9m.
Results were weaker than anticipated.
Adjusted core operating profit of $48.9m
