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Stena Bulk Orders Tankers from China

Maritime Activity Reports, Inc.

November 24, 2015

Photo courtsy of Stena Bulk

Photo courtsy of Stena Bulk

Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou.
 
It has also taken out an option on a further two vessels. 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-monthly intervals.

The vessels now ordered are of the same type as the 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.

Four of the 10 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. Of the ten IMOIIMAX tankers, 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 concept developed by Stena Teknik with the shipyard GSI. The IMOIIMAX tankers have 18 tanks enabling them to transport both vegetable oils and chemicals such as petroleum products.
 

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