Strong crude exports from North Sea, GOM
APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there
APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there
MARCH 10, 2017 — Tanker operator Stena Bulk has agreed to purchase the 50% of the shares in Stena Weco held by its partner, Denmark’s WECO Shipping, part of the privately owned
SEPTEMBER 15, 2016—The 50,000 dwt Stena Immortal, the eighth in a series of 13 IMOIIMAX tankers, was recently delivered by China’s Guangzhou Shipbuilding International (GSI). The 183m x 32m tanker is jointly
The total value of the order is $200 million. The first delivery is planned for the end of 2017 after which the vessels will be delivered at three month intervals.
The vessels are of the same type as ten chemical and product tankers ordered by Stena Bulk in 2012 from the same shipyard, the first four of which were delivered earlier this year.
All the IMOIIMAX tankers will be deployed in Stena Weco’s global logistic system, which currently employs more than 60 vessels.
“We are very satisfied with the performance of the IMOIIMAX tankers and are thus adding to this part of our fleet still further,” says Erik Hånell, CEO of Stena Bulk. “With their greater efficiency as regards fuel consumption and cargo, these vessels are also environmentally superior compared to many other vessels in their class, which, of course, is a major advantage. Commercially, they are a good complement to our fleet.
Four of the ten vessels ordered earlier – the Stena Impression, Stena Image, Stena Imperial and Stena Important – were delivered this year and the remaining six vessels will be delivered by 2017. One is wholly owned by Stena Bulk, six are owned together with GAR (Golden Agri Resources), two are owned by the sister company Concordia Maritime and one is wholly owned by Stena Weco.
The IMOIIMAX concept is a further development of a well-established and successful concept offering extra high cargo flexibility and even lower fuel consumption. Stena Teknik, together with the shipyard, which was formerly GSI (Guangzhou Shipyard International), was responsible for the technical development of the ships. The IMOIIMAX tankers have 18 tanks enabling them to transport both vegetable oils and chemicals such as petroleum products.