Stolt-Nielsen S.A. (Oslo B�rs: SNI) confirmed that MT Stolt Strength, which is on time-charter to Stolt Tankers B.V., was today released by her Somali captors. All 23 crew members on board are safe. The Company understand that the crew will shortly be reunited with their families.

The Company recognises that the safe release of the ship and crew have been a difficult and protracted process for the ship's owners and managers. We are relieved that a safe conclusion to this traumatic situation has been reached.

The vessel was taken by Somali pirates in the Gulf of Aden on November 10, 2008 while on passage from Dakar to Kandla.

For further press related information, please contact:

Martin Baxendale
+44 207 823 9444
+44 7802 954616
Martin.baxendale@mtinetwork.com

For investor related issued, please contact:

Jan Chr. Engelhardtsen
U.K. +44 (0) 20 7611 8972
j.engelhardtsen@stolt.com

Jens F. Gr�ner-Hegge
U.K. +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com

About Stolt-Nielsen S.A.

Stolt-Nielsen S.A. (the "Company") is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The Company, through the parcel tanker, tank container, terminal, rail and barge services of its wholly owned subsidiaries Stolt Tankers & Terminals and Stolt Tank Containers, provides integrated transportation solutions for its customers. Stolt Sea Farm, wholly owned by the Company, produces and markets high quality turbot, sole, sturgeon and caviar.

Forward-looking Statements

This press release contains "forward-looking statements" based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statement. These statements may be identified by the use of words like "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "will," "should," "seek," and similar expressions. The forward-looking statements reflect the Company's current views and assumptions and are subject to risks and uncertainties. The Company does not represent or warrant that the Company's actual future results, performance or achievements will be as discussed in the those statements, and assumes no obligation to, and does not intend to, update any of those forward-looking statements other than as may be required by applicable law.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright � Hugin AS 2009. All rights reserved.

Stolt Nielsen . (NASDAQ:SNSA)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Stolt Nielsen . Charts.
Stolt Nielsen . (NASDAQ:SNSA)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Stolt Nielsen . Charts.