# Interim Accounts 2nd Qtr 2026

- Press release: Stolt-Nielsen Limited Reports Unaudited Results For the Second Quarter and First Half of 2026 (2026-07-09)
- Original: https://ml-eu.globenewswire.com/Resource/Download/016aa018-af04-4afc-942b-31b271edc0d2
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** Stolt-Nielsen Limited reported a significant 56% decrease in net profit to $99.2 million for the first half of 2026, primarily due to weaker tanker and tank container markets, increased integration costs for Suttons, and the absence of a prior-year gain from acquisitions.

## Takeaways
- **Net Profit Decline:** Net profit decreased by 56% to $99.2 million in H1 2026 from $226.6 million in H1 2025.
- **Stolt Tankers Operating Profit:** Operating profit for Stolt Tankers fell by 25% to $102.8 million, driven by lower freight rates despite increased volumes.
- **Stolt Tank Containers Operating Loss:** Stolt Tank Containers swung to an operating loss of $5.5 million, a $32.8 million decrease, impacted by challenging market conditions and $9.1 million in Suttons integration costs.
- **Stolthaven Terminals Stability:** Stolthaven Terminals maintained stable operating profit at $57.7 million, benefiting from higher storage rates and improved utilization (92.3% vs. 92.0%).
- **Stolt-Nielsen Gas Turnaround:** Stolt-Nielsen Gas reported an operating profit of $3.4 million, a significant improvement from a $3.2 million operating loss in the prior year, due to better time-chartering operations and reclassification of Avenir LNG as held for sale.
- **Liquidity:** The Group had $95.6 million in cash and $399.0 million in available committed credit lines as of May 31, 2026.

*Generated 2026-09-16 via google/gemini-2.5-flash*