Stena Bulk hails chemical foray

Stena Bulk hails chemical foray

Stena Bulk has hailed its entrance into the chemical sector as having surpassed all expectations. The Swedish owner’s fleet of 13 so-called IMOIIMAX MR vessels have been on the market for a year, with the company claiming yesterday they have been a notable success both in terms of performance as well as business. An IMOIIMAX tanker has 18 separate tanks (3,000 cu m per tank), giving great flexibility in terms of combinations of cargoes.

“Utilisation of and entry into the chemicals market has gone better than expected, and we have secured a good market position that we are continuing to build on. We have achieved this through not only our hard work in marketing, but also through operational performance”, president and CEO Erik Hånell stated in a release.

All the ships were built at Guangzhou Shipyard International (GSI) in China.

“The vessels perform well in terms of speed and bunker consumption. Additionally, in respect of loading, transport, discharging and tank cleaning, it has technically performed above expectations”, Hånell added.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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