LONDON, Sept. 2, 2003 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (XETRA:SNI) announced today that Hiroshi Ishikawa, Senior Adviser of NYK Line, has been appointed to the Board of Directors of SNSA. Mr. Ishikawa previously served as a Director of SNSA from 1995 to 1997. NYK Line acquired 10 percent ownership of SNSA in 1987.
Mr. Ishikawa succeeds Kinichi Hirayama of NYK, who has been appointed to new duties at NYK Group.
"We are delighted to welcome Mr. Ishikawa back to the Board of Directors of SNSA and we look forward to benefiting from his counsel," said Jacob Stolt-Nielsen, Chairman of the Board of SNSA. "Our sincere thanks to Mr. Hirayama for his many valuable contributions during his tenure as a Director of SNSA."
Mr. Ishikawa was Vice Chairman of NYK Line before becoming Senior Adviser in 2000. He joined the company in 1953.
About Stolt-Nielsen S.A.
Stolt-Nielsen S.A. is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The Company, through its parcel tanker, tank container, terminal, rail and barge services, provides integrated transportation for its customers. The Company also owns 63 percent of Stolt Offshore S.A. (Nasdaq:SOSA) (Oslo Stock Exchange:STO), which is a leading offshore contractor to the oil and gas industry. Stolt Offshore specializes in providing technologically sophisticated offshore and subsea engineering, flowline and pipeline lay, construction, inspection, and maintenance services. Stolt Sea Farm, wholly-owned by the Company, produces and markets high quality Atlantic salmon, salmon trout, turbot, halibut, sturgeon, caviar, bluefin tuna, and tilapia.
Forward-looking Statements
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