Eurasia IC Considers Participation in Reinsurance of Stolt-Nielsen
OREANDA-NEWS. July 31, 2013. Under the reinsurance contract property interest of the company, including machinery breakdown, risks of flooding, windstorm and business interruption are covered. Total insurance amount is equal to USD1.8bn
Stolt-Nielsen (SNL) is the world’s leading provider of integrated transportation and storage solutions for specialty and bulk liquid chemicals and a wide range of other liquid products. he company has its headquarters formally in Bermuda although most of its operations are in the US, the Netherlands and Singapore. It is listed on Oslo Stock Exchange.
The company operates the world’s largest fleet of stainless steel ISO tank containers, with more than 31,000 units in service. The fleet is supported by a global network of 24 offices and 15 state-of-the-art tank maintenance, repair and cleaning depots in strategic locations worldwide.
SNL has nine majority-owned terminals in Australia and New Zealand, and also participates in five joint-venture operations: Antwerp in Belgium, Westport in Malaysia, Ulsan in South Korea, and Ningbo and Tianjin in China. The company also operates and maintains more than 450 railroad tank cars in North America.
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