Stena Bulk to introduce low-carbon shipping options
Sweden-headed shipping major Stena Bulk AB, part of Stena Sphere has announced that following its biofuel trials, it is now introducing low-carbon shipping options for its customers.
A leading international tanker owner, Stena Bulk has a controlled fleet of about 80 tankers. 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.
The company’s recent biofuel oil (BFO) trial, where a transatlantic voyage was conducted with 100 percent waste-based biofuel, proved the technical and operational feasibility of using biofuels in regular tanker operations.
Low-carbon options for clients
Stena Bulk is now taking it one step further by introducing a set of low-carbon shipping options for its customers. The options will range from 20 percent to 100 percent biofuels and will be based on an offsetting programme where the biofuel is used within the Stena Bulk fleet.
This allows customers to make use of low-carbon shipping options regardless of fuel availability on the specific route. It also guarantees that operation is performed without any disturbance to the shipment.
Performing according to our customers’ expectations is our highest priority, and this setup allows us to continue to do that while also offering a service. It will be one way to take action in meeting future requirements. This type of fuel is one step in many combined sustainable solutions that need to be considered and can be used today, said Erik Hånell, President and CEO for Stena Bulk.
Offering low-carbon shipping options is initially an ambitious initiative, but the company says, is “reflective of Stena Bulk’s ambition” to reduce the environmental footprint of tanker operations through innovation.
New fuels and new technology like Stena Bulk´s recently presented IMOFlexMAX vessel design will also be important in that the company can test and learn through challenges and thus take further steps in developments for the future.
Collaboration within the industry will also be a key element, and the company will continue to develop new solutions together with customers, partners, and suppliers.
We need to come together as an industry to find solutions that comply with future legislation. By working together, sharing experiences, risks, and inspiring each other, we are convinced that we will meet the targets and ensure that shipping remains the most efficient and sustainable mode of transportation, said Erik Hånell.