Stena Bulk to constitution in eco MR tanker newbuild quartet

Gothenburg headquartered Stena Bulk has reached five-year agreements that can see it constitution in 4 newbuild eco MR tankers set to be delivered in 2025 and 2026

Two of the medium vary, Stena Continent and Stena Conquest, shall be delivered from Hyundai Mipo by the top of 2025. Two additional eco MR tankers, Stena Contender and Stena Idea, will observe from the identical shipbuilder in 2026. All vessels are set to make use of Hyundai Mipo’s newest eighth-generation MR tanker design, consuming simply 15 tonnes of gasoline per day, when laden, at 13 knots. They’re additionally scrubber fitted to make sure world sulfur cap compliance.

This information follows within the footsteps of Stena Bulk’s success with Stena Convoy and Stena Conductor which, after they have been delivered in 2022, grew to become probably the most fuel-efficient MR tankers at sea.

Like these ships, the brand new additions to the Stena Bulk fleet shall be chartered from a Japanese proprietor.

Stena Bulk says the settlement strengthens its ties to the Asia Pacific area, as all vessels are owned by one of many largest personal shipowners in Japan.

“Our long-term fleet growth technique at all times requires us to behave flexibly and intelligently with the perfect pursuits of our prospects on the forefront,” says Stena Bulk, president and CEO Erik Hånell. “The present panorama of expensive short-term time charters means we have to assume in a different way, which is why we’re proud to signal these 4 long-term newbuild constitution offers. The market-leading sustainability efficiency of those vessels will assist to underpin our sustainability technique, however the stability that these long-term offers afford will create assurance for our prospects globally.

“We sit up for persevering with to work pragmatically within the coming months and years, leaving no stone unturned in our pursuit to create a really market main tanker fleet.”