Monday 30 March 2009

Stolt - Cancellation of Contracts

Monday, 30 March 2009



Stolt Tankers says SLS Shipbuilding Co. takes it to arbitration to challenge cancellation of contract

Stolt Tankers B.V., a subsidiary of Stolt-Nielsen S.A. said that SLS Shipbuilding Co. Ltd. of South Korea has taken Stolt Tankers B.V. to arbitration to challenge the cancellation of a contract for the construction of a 44,000 dwt coated parcel tanker, the first in a series of four ships, announced on March 18, 2009. The ship was originally scheduled for delivery in May 2008.



Source: RTT

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