Industry giant, Jacob Stolt-Nielsen dies at 83

Jacob Stolt-Nielsen, a maritime and offshore industry giant passed away on Sunday at his home in Oslo. He was aged 83.

Stolt-Nielsen saw an unbelieveable level of success over his professional life.

He founded several companies including Stolt Tankers in 1959. The company is now the world’s largest chemical tanker company.

In 1973, he established Stolt-Nielsen Seaway A/S which later became Stolt Offshore – a billion dollar diving and subsea company that is now part of Subsea 7

He founded another company known as Stolt Tank Containers, which is now the world’s largest tank container operator, in 1982.

Stolt-Nielsen served as Chairman of the Board of Directors of Stolt-Nielsen Limited since he founded the Company in 1959 until December 15, 2009 when he stepped down as Chairman, but remained as a Director until his retirement in December 2014. He held the position of Chief Executive Officer of Stolt-Nielsen Limited from 1959 until 2000. Stolt-Nielsen Limited today employs more than 5,000 people in 42 offices around the world.

Mr. Jacob Stolt-Nielsen left behind his wife of 58 years, Nadia; two daughters, Siri and Lise; two sons, Jacob B. (a Director of Stolt-Nielsen Limited) and Niels Gregers (a Director and Chief Executive Officer of Stolt-Nielsen Limited), and their families, including 13 grandchildren.

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