Almas Tower, Floor 22 PO Box 337049 Jumeirah Lake Towers, Dubai UAE Leading tanker shipping company Stena Bulk has today announced a set of five dated decarbonisation targets which form a comprehensive roadmap for the company to become a net zero business by 2050.. This is done through innovative thinking and best achievable technology. As part of an energy efficiency project in 2013, Stena Bulk increased the fleet’s fuel efficiency by as much as 14 percent compared with 2012. Stena Bulk reported an overall profit for the year. Head office OUR FLEET The Stena Sonangol Pools are comprised of and support both charter services and owners who wish to leverage their position through market fluctuations. The strategy is to adopt a holistic perspective, from development and construction to technical operation, with the crewing and chartering of first-class tankers and LNG vessels. During the summer, Stena Bulk also presented a prototype for the next-generation product and chemical tanker, IMOFlexMAX, which will be powered by the sun and wind, among other things. Stena Bulk revealed its concept InfinityMAX hybrid bulk carrier design, aiming for a zero carbon, multi-modal vessel design. The business idea is to offer secure, innovative and cost-effective marine transport of crude oil, refined oil products, chemicals and LNG (Liquefied Natural Gas). This will be achieved with a combination of measures: They can carry 30 % more cargo than traditional MR vessels and are considered extremely safe tankers. Many of Stena Line's vessels are owned by Stena RoRo. Stena Bulk president Erik Hanell has thrown his weight behind a global pricing mechanism for greenhouse gas emissions from shipping. The other type is the Medium Range (MR) of 40,000-50,000 dwt. But opting out of some of these cookies may have an effect on your browsing experience. Northern Marine Group, a management company for vessels that are not Swedish-flagged, was founded in 1983 and Sten Allan Olsson's son, Dan Sten Olsson took over as CEO. Leading tanker shipping company Stena Bulk has unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi-modal vessel design in shipping. As part of an energy efficiency project in 2013, Stena Bulk increased the fleet’s fuel efficiency by as much as 14 percent compared with 2012. Stena Bulk +46 704 85 50 02 erik.hanell@stenabulk.com About Stena Bulk: With offices in seven countries, Stena Bulk is one of the world's leading tanker shipping … Stena Bulk is commited to leading the industry towards reduced carbon emissions. They are all built at DSME with Ice class 1C. The tanker sector is affected by extreme volatility and low predictability, and. Proman Stena Bulk also has an option for a further two vessels. Stena Bulk is presenting the IMOFlexMAX. It is mandatory to procure user consent prior to running these cookies on your website. Concordia Maritime was founded and listed on the stock market in 1984. All vessels will be powered by methanol, reducing emissions of SOX (sulphur oxides), NOX (nitrogen oxides), particles and gases. Swedish tanker shipping company Stena Bulk on Thursday outlined its roadmap to become a net zero business by 2050, including a transiion to cleaner burning alternative fuels … www.stenabulk.com Erik Hånell, President & CEO, Stena Bulk discusses the plan, the path and the costs. Furthermore, vessels are designed with stronger than standard engine power and twin skew propulsion system (two-engine, two-propeller), providing higher speed, improved fuel efficiency, better maneuverability and higher safety. Read more. If you are one of the 5 thousand seafarers who follow our site on a regular basis every day, you have seen that we have included salary news in recent days. Northern Marine Management, a management company for vessels that are not Swedish-flagged, was founded in 1983. Leading tanker shipping company Stena Bulk has today unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi-modal vessel design in shipping. Tel: +46 31 85 50 00 Following Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. These cookies do not store any personal information. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and annual sales of USD 8 billion. Find out more. Stena Line is a Swedish shipping line company and one of the largest ferry operators in the world. Shipping NEW TECHNOLOGIES AND CHANGED BEHAVIOUR. Stena Bulk Shipping Company and Crew Salaries Stena Bulk is a fleet of 108 ships with an average age of 6.3 and a transport capacity of 3,632,392 DWT. A leading international tanker owner, Stena Bulk has a controlled fleet of about 80 tankers. Stena Sonangol Suezmax Pool is a unique joint venture between Stena Bulk, a leading innovative tanker Owner, and Sonangol, the Angolan public sector energy company. Stena Bulk to introduce low-carbon shipping options. Swedish tanker shipping company Stena Bulk has unveiled a new concept hybrid bulk carrier design in an effort to push the shipping industry’s boundaries for zero-carbon, multimodal vessel design. Biofuel has the potential of putting shipping on the trajectory towards IMO’s greenhouse gas (GHG) reduction targets, without having to wait for new technology and zero-carbon fuels to emerge as commercially viable options. Stena Rederi AB supports and coordinates the shipping activities in Stena AB. With offices in six countries, Stena Bulk is one of the world’s leading tanker shipping companies. With offices in six countries, Stena Bulk is one of the world’s leading tanker shipping companies. Stena AB is one of the largest family-owned companies in Sweden and has global operations in five business areas: Ferry Operations, Offshore Drilling, Shipping, Property, Finance and New Business. With a fleet of 80 owned, managed and controlled tankers in global traffic, Stena Bulk is one of the world’s leading tanker operators. Stena Bulk unveils pioneering hybrid vessel design Swedish shipping company launches a new bulk carrier design that represents a ‘paradigm shift’ in cargo transportation. High performing well proven cargo tank coating ensure the Charterer will have full flexibility to carry an extensive spectrum of products and chemicals at desired temperatures. Biofuel has the The first of these milestones was achieved in 2020, when Stena Bulk began offering customers low-carbon shipping … The vessel, which will be semi-autonomous, will be able to carry both dry and wet cargoes www.stenabulk.com Consequently, the IMOIIMAX can load a full IMO 2 cargo in each tank. Necessary cookies are absolutely essential for the website to function properly. The vessel was being held and was anchored in Bandar Abbas in Iran. Stena Bulk is involved in various initiatives to reduce carbon emissions, including trial runs with biofuel as the sole energy source in 2020. We transport crude oil from the oilfields to the refineries. The vessels are operated in the spot market, where demand during the year corresponded to the general tanker market, with high volatility. Fourth milestone set for 2040 By 2040, Stena Bulk aims to achieve the fourth target in its decarbonization plan by becoming a fully carbon-neutral tanker operator. Concordia Maritime was founded and … The division consists of three LNG carriers, all being chartered out on short to … The tanker shipping company Stena Bulk was founded in 1982. Following up on Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. Stena Bulk aims to have a ship with a similar design to the Infinity MAX concept operating on the water by 2035 at the latest. Bulk Carrier Design. It was designed by world-leading shipbuilders at Stena Teknik, based on our 40 years’ tanker shipping experience. The zero emissions ship can carry both dry and wet cargoes in modular compartments, something Stena Bulk claimed could have as big an impact on shipping … Instead of simpler coated mild steel piping with flanged couplings the cargo piping on IMOIIMAX is of stainless steel in order to comply with FOSFA recommendations and the chemical trade. Shipping – Stena Bulk . The vessel, designed by Stena Bulk to meet the current and future needs of liquid bulk shipping, is a further development of the current IMOIIMAX design; best in class in terms of performance and with a design based on two major objectives – flexibility and efficiency. Stena Bulk aims to have a ship with a similar design to the InfinityMAX concept operating on the water by 2035 at the latest. Brokers reported that Stena recently disposed of … Stena Bulk unveils InfinityMAX concept vessel design "The ultra-flexible, zero emissions design has been created in response to the huge challenges that the global shipping … SE-405 19 Gothenburg Press Release: Leading tanker shipping company Stena Bulk has today announced a set of five dated decarbonisation targets which form a comprehensive roadmap for the company to become a net zero business by 2050. Biofuel has the For Stena Bulk, an internationally renowned ship owner, it further demonstrates the company’s commitment in developing methanol as a widely available and usable marine fuel, aiming to promote and encourage a pathway to greener shipping future. We transport refined petroleum products and chemicals. Following Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. The company controls a combined fleet of around 115 tankers. Our product tankers are of two kinds: The Long Range 1 (LR1) of 70,000 dwt is the maximum size of a fully laden vessel able to pass through the Panama Canal. Stena Bulk unveils pioneering hybrid vessel design Swedish shipping company launches a new bulk carrier design that represents a ‘paradigm shift’ in cargo transportation. Stena Marine Shanghai Room 1912, LL Land Plaza No 580, West Nanjing Road, Jing An District Shanghai 200040 China The first of these milestones were achieved in 2020 when Stena Bulk began offering customers low-carbon shipping options with up to a 100% reduction of CO2 emissions. Stena Bulk's LNG division is a first class provider of safe and reliable transportation of LNG around the world. Stena Bulk +46 704 85 50 02 erik.hanell@stenabulk.com About Stena Bulk: With offices in seven countries, Stena Bulk is one of the world's leading tanker shipping companies. Stena Bulk Shipping Company and Crew Salaries. GÖTEBORG, Sweden, June 22, 2020 /PRNewswire/ -- Following up on Stena Bulk's successful biofuel trial in April, the company is now introducing low-carbon shipping … www.stenabulk.com Stena Bulk | 24,141 followers on LinkedIn. About Stena Bulk With offices in seven countries, Stena Bulk is one of the world’s leading tanker shipping companies. Leading tanker shipping company Stena Bulk has announced 5 milestone decarbonisation targets, which set out the company’s roadmap to becoming a net zero emissions business by 2050. About Stena Bulk: With offices in seven countries, Stena Bulk is one of the world’s leading tanker shipping companies. Stena Bulk compares the modular cargo units to containers that revolutionized the intermodal freight trade. As from 2020, Stena Bulk reports EEOI and AER figures for its vessels. The deep well hydraulic FRAMO cargo pump system provides full flexibility so that all cargo pumps can be run and controlled individually, at the same time. Stena Bulk and Northern Marine worked closely with the authorities to 2020 was no exception. Leading tanker shipping company Stena Bulk has unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi-modal vessel design in shipping, says an article published in Stena Bulk. The Stena P-MAXs are Medium Range vessels specially designed to meet the growing challenges of transporting cargoes into sensitive areas. Following up on Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. For Stena Bulk, it is important to protect natural resources and the surrounding environment, with zero tolerance for oil spills as the objective. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and sales of SEK 60 billion. The company controls a combined fleet of around 115 tankers. Governments, shipowners and charterers Leading tanker shipping company Stena Bulk has unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi-modal vessel design in shipping, says an article published in Stena Bulk. Following up on Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. The … This in turn meant that we enjoyed a record-high first half year, far better than we could have foreseen, but then demand dropped abruptly in early autumn, while OPEC made significant reductions,” says MD Erik Hånell. In June, Stena Bulk completed its first voyage using biofuel from ExxonMobil. Stena Bulk will require every new ship in its fleet from 2030 to come with a roadmap to be upgraded to carbon neutral status, either by retrofitting new … Tanker shipping company Stena Bulk has unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero-carbon, multi-modal vessel design in shipping. Following up on Stena Bulk's successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. The InfinityMAX concept, which is designed to carry both dry and wet cargoes in modular compartments, is built with several new core principles. The business idea is to offer secure, innovative and cost-effective marine transport of crude oil, refined oil products, chemicals and LNG (Liquefied Natural Gas). Stena Bulk invests in the future, a future defined by decarbonization in the shipping sector. Stena Bulk to introduce low-carbon shipping options Mon, Jun 22, 2020 11:26 CET. Stena Bulk’s recent trial, where a cross-Atlantic voyage was conducted with 100% waste-based biofuel, proved the technical and operational feasibility of using biofuels in regular tanker operations, and Stena Bulk is now taking it one step further by introducing a set of low-carbon shipping options for its customers. Our focus is to achieve true safety, enhance trading flexibility and keep low transportation cost. With a fleet of 80 owned, managed and controlled tankers in global traffic, Stena Bulk is one of the world’s leading tanker operators. In 2020, CO2 emissions increased from the previous year, since the operated fleet consisted of several large vessels (Suezmax), which use more fuel. The vessel, designed by Stena Bulk to meet the current and future needs of liquid bulk shipping, is a further development of our current IMOIIMAX design; best in class in terms of performance and with a design based on two major objectives – flexibility and efficiency. Erik Hånell, president and CEO, Stena Bulk, said, “The shipping industry collectively faces a challenge where we must consider how we alter our entire energy needs. This vessel, the Stena Prosperous, together with the previously ordered Stena ProMare and Stena ProPatria – all three are being built in China – is planned to be put into operation in 2022. Following up on Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. “With methanol as our energy source, we can see a clear path to more sustainable sea tanker transport,” says Erik Hånell. Several new initiatives in this area were presented during the year. Following up on Stena Bulk's successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The price drop led many to stockpile oil – and once shore-based tanks were full, tanker shipping companies were hired in order to use ships to store oil. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. During the early spring, the oil price dived. With offices in seven countries, Stena Bulk is one of the world’s leading tanker shipping companies. http://integrated.stenapowerlng.com/dashboard, Watch video - Rebranding of Stena Bulk's LNG vessels. You also have the option to opt-out of these cookies. For Stena Bulk, an internationally renowned ship owner, it further demonstrates the company’s commitment in developing methanol as a widely available and usable marine fuel, aiming to promote and encourage a pathway to greener shipping future. The company controls a combined fleet of around 115 tankers. Stena Bulk's LNG division is a first class provider of safe and reliable transportation of LNG around the world. With offices in seven countries, Stena Bulk is one of the world’s leading tanker shipping companies. Bulk Carrier Design. This trial once again shows the potential of biofuel as an alternative to conventional fuel for the operation of commercial vessels. The Northern Marine Group provides a comprehensive range of individually structured fleet management and crewing services to the marine and offshore industries. “The contract was for 3–6 months and expired at the end of September. According to the company, marine biofuels have the potential of putting shipping on the trajectory towards International Maritime Organization (IMO’s) greenhouse gas (GHG) reduction targets, without having to wait for new technology and zero-carbon fuels to emerge as commercially viable options. With offices in seven countries, Stena Bulk is one of the world’s leading tanker shipping companies. Brokers reported that Stena recently disposed of the 47,300-dwt Stena It services Denmark, Germany, Ireland, Latvia, the Netherlands, Norway, Poland, Sweden and the United Kingdom, Stena Line is a major unit of Stena AB, itself a part of the Stena Sphere History. Governments, shipowners and charterers Stena Bulk AB operates a fleet of tankers worldwide, Erik Hanell is the Managing Director. Stena RoRo AB builds, purchases, sells and charters RoRo vessels. The tanker shipping company Stena Bulk was founded in 1982. This website uses cookies to improve your experience while you navigate through the website. Dear SeamanFan Reader. These are both good energy efficiency metrics, as they ensure comparability between years, despite changes in business volumes. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and annual sales of USD 8 billion. Swedish tanker shipping company Stena Bulk has announced a set of five dated decarbonisation targets which form a comprehensive roadmap for the company to become a net zero business by 2050. Masthuggskajen Our strength lies in our capacity for innovation, combined with our longstanding accumulation of expertise,” says Erik Hånell. The vessel, which will be semi-autonomous, will be able to carry both dry and wet cargoes Set of five milestones between 2020 and 2050 form roadmap to net zero business. Proman Stena Bulk, a joint venture between Proman Shipping and Stena Bulk, has agreed to build an additional vessel, the methanol-powered Stena Prosperous. Our Jettyless LNG technology is complemented by considerable LNG competence and experience across commercial management, new-building project support, ship management and marine engineering. In July 2019, Stena Impero, an IMOIIMAX vessel in the Stena Bulk fleet, was captured by the Islamic Revolutionary Guards Corps in the Hormuz Strait within Oman’s territorial waters. Leading tanker shipping company Stena Bulk has today unveiled its concept InfinityMAX hybrid bulk carrier design, pushing the boundaries for zero carbon, multi-modal vessel design in shipping. The company controls a combined fleet of around 115 tankers. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and annual sales of USD 8 billion. Stena recent trial, where a cross-Atlantic voyage was conducted with 100% waste-based biofuel, proved the technical and operational feasibility of using biofuels in regular tanker operations, and Stena Bulk is now taking it one step further by introducing a set of low-carbon shipping … At Stena we also offer innovative, integrated solutions across the LNG value chain. For Stena Bulk, an internationally renowned ship owner, it further demonstrates the company’s commitment in developing methanol as a widely available and … Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and annual sales of USD 8 billion. Consequently, a high cargo discharge capacity is offered together with a high degree of flexibility of cargo circulation. Leading tanker shipping company Stena Bulk has today announced a set of five dated decarbonisation targets which form a comprehensive roadmap for the company to become a net zero business by 2050. “IMOFlexMAX is leading the way to a more sustainable future as one of the most energy efficient tanker vessels in the market. Following up on Stena Bulk’s successful biofuel trial in April, the company is now introducing low-carbon shipping options for its customers. The Managing Director is Per Westling. The great challenge of predicting the tanker market became highly apparent in 2020, which commenced with a first half-year in which demand set new records, only to plummet in September. Stena Bulk and Grindrod Shipping have reportedly sold MR vessels amid healthy appetite for tanker assets from bargain hunters. Global statutory requirements for low-sulphur fuel brought a significant reduction of SOX emissions, by 82 per cent in absolute figures compared to 2019. The division consists of three LNG carriers, all being chartered out on short to medium-term contracts. To find out more visit the  LNG microsite below. “As a consequence of the successful biofuel trials, during the year we introduced the opportunity for our customers to choose fuel alternatives which reduce carbon emissions,” says Erik Hånell. These cookies will be stored in your browser only with your consent. Erik Hånell, President and CEO, Stena Bulk, said: “The shipping industry collectively faces a challenge where we must consider how we alter our entire energy needs. Shipping NEW TECHNOLOGIES AND CHANGED BEHAVIOUR. We also use third-party cookies that help us analyze and understand how you use this website. Stena Bulk is a fleet of 108 ships with an average age of 6.3 and a transport capacity of 3,632,392 DWT. By 2050, all cargo carried by the Stena Bulk fleet will need to be climate neutral, which will become a shared responsibility between Stena Bulk and its customers. Another initiative is the further development of the Proman Stena Bulk joint venture, with an order for an additional methanol tanker. E-mail: info@stena.com. Principally our crude oil tankers are divided into different sizes: Suezmax, Aframax and Panamax. Stena Bulk president Erik Hanell has thrown his weight behind a global pricing mechanism for greenhouse gas emissions from shipping. As the pandemic spread across the world, it lead to concern that the restrictions introduced would curtail demand, while oil production remained high. www.stenabulk.com The vessels have protectively coated tanks and are able to transport several different types of cargo simultaneously. Stena Bulk believes biofuel has the potential of putting shipping on the trajectory towards IMO’s greenhouse gas reduction targets, without having … Stena Bulk | 24,141 followers on LinkedIn. For Stena Bulk, an internationally renowned ship owner, it further demonstrates the company’s commitment in developing methanol as a widely available and usable marine fuel, aiming to promote and encourage a pathway to greener shipping future. Reliable transportation of LNG around the world operation of commercial vessels prior to running these will!: info @ stena.com Stena RoRo Hanell is the further development of the Stena P-MAXs are Medium vessels. 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