Stolt-Nielsen brings NYK into Avenir LNG venture

Oslo-listed shipping and logistics group Stolt-Nielsen Limited has agreed to sell a 50% stake in LNG bunkering specialist Avenir LNG to Japan’s Nippon Yusen Kaisha, forming a new joint venture focused on small-scale LNG supply. The deal, struck through Stolt-Nielsen’s subsidiary Stolt-Nielsen Gas, will see the two shipping groups jointly develop Avenir LNG’s bunkering and …

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