Business
Stolt-Nielsen and NYK Line form strategic joint venture in Avenir LNG
LONDON, March 16, 2026 – Stolt-Nielsen Limited (Oslo Børs: SNI), through its subsidiary Stolt-Nielsen Gas Ltd., has today announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon Yusen Kabushiki Kaisha (NYK Line). Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker vessels. With this partnership, Stolt-Nielsen and NYK Line will e
About this update from Stolt-nielsen Limited
[{"type":"image","alt":"Stolt-Nielsen M.S. Limited","displaySize":"","headline":null,"caption":"Stolt-Nielsen M.S. Limited","className":"","disableSlideshowImg":false,"size":{"original":{"width":100,"height":89,"url":"https://media.zenfs.com/en/globenewswire.com/ef52e99db00f8b35ec1a85b4062d54d8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xueysHMpxrb2o0633.z1Ew--/YXBwaWQ9aGlnaGxhbmRlcjt3PTExMDtoPTk4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/ef52e99db00f8b35ec1a85b4062d54d8","width":100,"height":89}},"lazy":false},{"type":"text","content":"LONDON, March 16, 2026 – Stolt-Nielsen Limited (Oslo Børs: SNI), through its subsidiary Stolt-Nielsen Gas Ltd., has today announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon Yusen Kabushiki Kaisha (NYK Line). Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker vessels.","length":443,"tagName":"p"},{"type":"text","content":"With this partnership, Stolt-Nielsen and NYK Line will expand their future small-scale LNG and LNG bunkering opportunities through the joint venture, supporting the global transition to LNG and bio-LNG for marine fuel and other industrial applications. Following a wave of dual-fuel LNG vessel orders in recent years, LNG is rapidly being adopted as a practical and scalable fuel that enables shipping to achieve emissions reductions. This new joint venture in Avenir LNG underscores the commitment of Stolt-Nielsen and NYK Line to sustainable energy solutions for the maritime industry.","length":587,"tagName":"p"},{"type":"text","content":"Udo Lange, Chief Executive Officer of Stolt-Nielsen Limited, said: “By entering into this joint venture, we are developing our long-standing partnership with NYK Line and supporting Avenir LNG’s position in small-scale LNG supply and bunkering. NYK’s experience in shipping and logistics, together with potential market opportunities arising from the continued expansion of LNG-fueled vessels, is expected to add value to Avenir LNG, its customers, and our shareholders. This transaction also reflects Stolt-Nielsen’s commitment to supporting sustainable energy solutions across global shipping supply chains by facilitating safe and reliable access to LNG fuel. I would like to thank a...