Two Bitumen tankers ordered

Stolt-Nielsen S.A. announced that its wholly owned subsidiary Stolt Bitumen Services (SBS) signed an agreement with Nanjing East Star Shipbuilding in China for the purchase of up to four 3,500 dwt bitumen tanker newbuildings due for delivery from March 2012.  Under the terms of the agreement, SBS has placed firm orders for two ships and holds options to purchase two additional ships.