Stolt-Nielsen brings NYK into Avenir LNG venture

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Stolt-Nielsen has agreed to sell a 50% stake in LNG bunkering specialist Avenir LNG to Japan's Nippon Yusen Kaisha (NYK), creating a joint venture focused on small-scale LNG supply. The deal, executed through Stolt-Nielsen Gas, will see the two shipping giants jointly develop Avenir LNG's bunkering and supply operations. This transaction marks a significant consolidation in the LNG bunkering sector.

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Stolt-Nielsen NYK Avenir LNG LNG bunkering joint venture

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