Near Record Levels of EBITDA
Achieved near record levels of EBITDA for the second consecutive quarter, with EBITDA up 4% year-on-year, totaling over $200 million.
Strong Liquidity Position
Successful $450 million private placement, resulting in a strong liquidity position with cash and cash equivalents of $336.7 million and available credit lines of $431 million.
TCE Per Day Increase
Stolt Tankers achieved a TCE per day of $33,355, a growth of 17% year-on-year and a second consecutive quarter of a record TCE.
Growth Investments and Market Expansion
Continued investment in fleet optimization and won a tender to develop a green ammonia terminal, broadening growth investments in core markets and energy transition.
Record Performance at Stolt Sea Farm
Stolt Sea Farm delivered record results on both operating profit and EBITDA, with operating revenue up 8% year-on-year.