Shipping Industry News, the world’s largest chemical tanker owner Stolt-Nielsen announced its unaudited financial results for the third fiscal quarter of fiscal year 2025 on October 3.
For the third fiscal quarter of FY2025 (from June 1, 2025 to August 31, 2025), Stolt-Nielsen achieved total revenue of $700 million, a decrease of 4.5% year-on-year; EBITDA was $200 million, a decrease of 5.3% year-on-year; gross profit was $180 million, a decrease of 5.3% year-on-year; operating profit was $110 million, a decrease of 21.4% year-on-year; net profit was $63.969 million, or net profit per share of $1.20, a decrease of 35.1% year-on-year.
For the first three fiscal quarters of FY2025 (from December 1, 2024 to August 31, 2025), Stolt-Nielsen achieved total revenue of $2.09 billion, a decrease of 4.3% year-on-year; EBITDA was $600 million, a decrease of 4.5% year-on-year; gross profit was $520 million, a decrease of 7.8% year-on-year; operating profit was $330 million, a decrease of 18.9% year-on-year; net profit was $290 million, or net profit per share of $5.45, a decrease of 3.9% year-on-year.
Stolt Nielsen CEO Udo Lange said, “Stolt Nielsen’s businesses are in strong positions in their respective market segments and delivered another solid performance this quarter.”
“In a challenging environment, the diversified portfolio demonstrated resilience, and despite significant market volatility caused by changes in macroeconomic factors, a strong quarterly performance was achieved in the third fiscal quarter.”
“Due to ongoing geopolitical volatility, Stolt Tankers’ earnings weakened further, with the average daily TCE falling by 26% to $24,838, compared to the record high in the same period last year.”
He pointed out, “The Red Sea crisis continues to impact the shipping market, exacerbated by geopolitical instability and uncertainty caused by tariffs. In the persistently turbulent environment, Stolthaven terminals saw improved utilization rates, but this was offset by declines in throughput and revenue, leading to a slight decrease in profit. At Stolt Tank Containers, operating profit declined year-on-year due to weak demand caused by tariff uncertainty.”
Stolt Nielsen stated that geopolitical uncertainty and macroeconomic events continue to adversely affect the entire chemical industry, leading to continued high market volatility. On the supply side for Stolt Tankers, the product tanker market is expected to remain stable until the end of this year, which will provide support for the chemical tanker market. So far, chemical tanker orders have also remained stable, which is favorable for the long-term market outlook.
FY2025 Performance Guidance
Overall, for the fiscal year ending November 30, 2025, Stolt Nielsen expects EBITDA to be in the range of $750 million to $790 million.
To date, Stolt Tanker is the world’s largest chemical tanker operator, controlling and operating 162 chemical tankers, totaling 2.968 million deadweight tons.
