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Stolt-Nielsen Limited company history timeline

1959

Starting in 1959, Jacob Stolt-Nielsen built three companies that were to lead the way in the dynamic, emerging shipping and logistics industries.

1963

By 1963, the company operated a fleet of 18 vessels, and had opened offices in Oslo and Japan.

1968

The discovery of rich hydrocarbon deposits beneath Norway's coastal shelf in 1968 was to transform that small country into one of the world's largest oil producers, giving birth to new numbers of companies providing support and services for the blossoming Norwegian offshore oil industry.

1970

In 1970, Stolt-Nielsen once again took the lead in the industry it had launched when it ordered seven new vessels.

1973

In 1973, he created Stolt-Nielsen Seaway A/S (pictured) to provide innovative diving services to the offshore oil and gas industry in the North Sea.

1974

Samuel Cooperman, who had been with Stolt-Nielsen since 1974 was elected as Chairman in April.

1977

By 1977, Stolt-Nielsen was losing money and its financial troubles had forced it to seek deeper pockets.

1982

In 1982, with Stolt Tankers, Stolthaven Terminals and Stolt Sea Farm all operating successfully, Jacob founded Stolt Tank Containers (STC), a transportation mode that was in its infancy and which he saw as a natural complement to the Stolt Tankers business.

1986

The company was also actively exploring new breeding species, such as halibut, the development of which was launched in 1986.

1987

After ending its shareholder agreement with BP in 1987, Stolt-Nielsen took on a new shareholder, in the form of Japan's NYK Line, which purchased a 10 percent stake in the company.

1988

1988: Stolt-Nielsen is listed on the NASDAQ exchange.

1992

In 1992, the company acquired rival offshore services company Comex (UK) Ltd., merging that company with its existing subsidiary to form the new Stolt Comex Seaway company.

1993

By 1993, this research resulted in the launch of the company's Sterling halibut farm stock.

1995

After opening a sales office in Singapore in 1995, Stolt Sea Farm consolidated its Asian presence with the purchase of Cocoon Ltd.

1998

In 1998, the company beefed up its presence in the Asian Pacific with the purchase of a stake in Dovechem Terminals Holdings Ltd.

2001

That company acquired Paragon Engineering Services Inc. in 2001, becoming the leading player in its market.

2002

inducted into the International Maritime Hall of Fame, 2002

2008

an honorary Doctor of Maritime Science degree, John B. Lacson Foundation Maritime University, Philippines, in recognition of his experience and pioneering achievements in international shipping, 2008.

2009

He had served as a Director of the Company for 22 years, and as Chairman since 2009.

2010

Stolt Sea Farm begins producing sole in Anglet, France, with estimated production of 300 tonnes in 2010.

2014

Five years later, on December 15, 2014, Jacob Stolt-Nielsen retired from the SNL Board of Directors, formally concluding his career at the Company, 55 years to the day that he founded it.

2015

He continued as Honorary Chairman until he passed away on February 15, 2015.

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Founded
1959
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Headquarters
Norwalk, CT
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Stolt-Nielsen Limited may also be known as or be related to Stolt Nielsen USA Inc, Stolt-Nielsen and Stolt-Nielsen Limited.