Oslo-listed chemical tanker owner Stolt-Nielsen is heading for a second quarter loss, but prospects are good long-term.
This is according to Norway's Norne Securities, which is expecting the full effect of coronavirus lockdowns to be reflected in the results, due to the reporting period of March to May falling slap-bang in the middle of the peak of the crisis.
"While the first quarter figures had very little impact from Covid-19 and were hit by other mostly one-offs, the company must have experienced the worst of the virus...
