STENA METALL AB - Stena Metall Group

Oil | Stena Oil
Stena Oil
During the year Stena Oil continued to
improve its customer service. It has
established operations in the Great Belt
area. Two ultramodern bunker vessels
will be placed in service in autumn 2005,
providing a number of environmental
benefits and making it possible to further
improve service.
Stena Oil supplies bunker oil in an area
stretching from Bergen, Norway to Swinoujście,
Poland. Left: Bunker oil delivered to the East
Indiaman Götheborg in the port of Göteborg.
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Its ability to supply bunker oil safely,
quickly, punctually and at any time of day
is a strong reason for another favorable
year for Stena Oil. The company supplies
bunker oil in an area stretching from Bergen,
Norway in the north to Swinoujście,
Poland in the south. Customers are mainly
international shipping companies.
Deliveries to more areas
During the year the company successfully
expanded its operations, including to the
Great Belt area. As a whole, volume rose
significantly and Stena Oil strengthened
its position as Scandinavia’s leading supplier
of bunker oil.
Safety is a priority. Stena Oil has helped
to develop the Green Bunkering safety
concept in the industry and applies it to all
ships in its bunker fleet.
Stena Oil is expanding its bunker fleet to offer
service to customers in more locations. The
new bunker vessel Fox Sunrise, left, is shown
calling at the port of Göteborg. The ship has a
unique design that offers environmental and
safety benefi ts through twin hulls, sides and
double decks as well as diesel-electric
machinery.
New ships provide customer value and
environmental benefits
In autumn 2005 two new bunker vessels,
Fox Sunrise and Norden, will be placed
in operation, at which point deliveries can
be made to even more areas. All vessels in
the fleet will then comply with the EU’s
requirement for twin hulls – or similar
designs – which enters into force in 2008.
The new ships offer a number of advantages
in terms of safety and the environment.
Their maneuverability is unique
compared to conventional vessels. Safety
is high as well thanks to their twin-hulled
design. One of the ships is also doubledecked,
which creates a thermostatic effect.
As a result, less energy is used to maintain
the correct oil temperature. With dieselelectric
power, the vessel operates fuelefficiently.
Good prospects looking ahead
Prospects in the years ahead are good.
More stringent EU regulations are being
introduced with regard to ship design
and fuel consumption, which is creating
growth opportunities for Stena Oil.
Operations are strategically located for
deliveries to vessels that traffic the North
Sea on their way into or out of the Baltic
Sea, a region with a growing market.
Stena Oil AB
President Sten Claesson
Stena Oil supplies low-sulphur fuel to
cus tomers who demand it. In 2006 all
vessels that traffic the Baltic Sea must
be power ed by low-sulphur fuel, and in
2007 this requirement will be expanded to
include the English Channel and North
Sea. The company is prepared to meet this
increased demand.
Stena Oil AB
Stena Oil is Scandinavia’s leading supplier
of bunker oil. Bunkering is done offshore,
near ports on the Skagerack and
Kattegatt seas, with chartered vessels.
All vessels are approved for the Green
Bunkering safety concept. International
operations are handled in cooperation
with around a hundred selected partners.
Shipping plays a vital role in modern society,
especially for the retail and industrial
sectors. For example, a third of all Swedish
foreign trade passes through the port
of Göteborg*. Effi cient, on-time deliveries
of high-quality products are therefore
critical.
➥ www.stenaoil.se
*Source: Port of Göteborg
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