Norway's Stolt-Nielsen has hinted strongly that initial public offerings are on the cards for two of its divisions.
The Oslo-listed group looks set to resurrect a long-planned spin-off of its chemical tanker business, and may also choose to separate its fish farming operation.
Speaking to analysts on a conference call, chief executive Niels Stolt-Nielsen said the supply-and-demand picture was now favourable for chemical carriers, with the orderbook at a low level.
