Stolt Nielsen Gas
Stolt-Nielsen Gas (SNG) focuses on the development of opportunities in the global market for the transportation of liquefied petroleum gas (LPG). Founded in 2007, SNG and its partners have built a growing fleet of very large gas carriers (VLGCs) through mergers and by acquiring attractively priced second-hand tonnage. Avance Gas Holding Ltd., in which Stolt-Nielsen Gas shares equal ownership with Sungas Holdings Ltd. and Transpetrol Shipping Ltd., owns eight VLGCs. The Avance Gas fleet trades in the spot market, primarily loading in the Middle East for destinations mainly in Asia. Stolt-Nielsen Gas is also currently exploring opportunities in the terminal market for both LPG and LNG, working in close cooperation with Stolthaven Terminals.