LNG

Stolt-Nielsen Ltd, the Oslo-listed and London-based owner of a small tanker fleet including for LNG through its stake in Avenir LNG, reported a second-quarter net profit of $113.3 million before an incremental loss provision of $155M related to the “MSC Flaminia” fire back in 2012.

The United States Court of Appeals for the Second Circuit has unanimously ruled that the City of New York’s climate-change lawsuit against US major Chevron Corp. and a group of other energy producers was without merit and must be dismissed.