Stolt-Nielsen recorded a stronger than expected second quarter performance despite a 40% fall in its bottom line.
Oslo-listed Stolt logged a profit of $9.5m in the three months to the end of May, down from $15.6m in the same period a year ago, with this year's sums hit by an impairments of $11.8m on two bitumen ships.
Adjusted profit of $21m was 110% above consensus forecasts, with adjusted operating profit of $59.4m
