Stena Bulk is set to register up to five of its Suezmax vessels under the Swedish flag, making them the largest ships in the nation’s registry. This move aligns with Sweden’s efforts to boost its maritime industry competitiveness, with reforms and a more favorable tax regime. The transition is planned for July 1, 2025.
NNPC, Stena Bulk, and Caverton Marine have joined forces to establish a joint venture aimed at improving Nigeria’s maritime transport capabilities for oil and gas products. This strategic collaboration will enhance the country’s position in the global energy market by creating a world-class tanker operation and upgrading its logistics and transportation infrastructure.
A project led by OGCI, GCMD, and Stena Bulk assessed the feasibility of onboard carbon capture in shipping. REMARCCABLE found retrofitting OCCS on the Stena Impero could reduce CO2 emissions by 20% annually with minimal fuel penalty. Initial costs are high, but further research could make OCCS more viable. Collaboration is key to overcome challenges.
