Stena Bulk Confirms Scrubber Order With Bluesoul

GÖTEBORG, Sweden, Oct. 16, 2018 /PRNewswire/ --

Stena Bulk has now signed a turnkey exhaust gas scrubber solution agreement with Chinese Bluesoul to equip its Suezmax and IMOIIMAX fleets. In total, Stena Bulk will equip 15 vessels with scrubbers and have an additional 6 options for installation prior to 2020.

Shanghai Bluesoul Environment Technology, with its base in Shanghai, has had a collaboration agreement with the Stena group for more than a year. Bluesoul is the first Chinese enterprise to be awarded Lloyd's Register Exhaust Gas Cleaning System Machinery General Design Appraisal as well as DNV GL and ABS AiP.

"By installing scrubbers, we will be well equipped to meet the 2020 regulation and are protected from price volatility as well as fuel shortage. In relation to market developments, today's market predictions are attractive in theory and currently seems to be so in practice too, despite there being a couple of parameters that remain uncertain. However, there are opportunities already available today to lock in some of the uncertainty, which might be appealing when looking for a more secure investment. We are very happy to be able to confirm this order with Bluesoul, which has performed very well in terms of quality compared with more reputable manufacturers", says Erik Hanell, President & CEO Stena Bulk.

The scrubber to be installed is an Open Loop Hybrid Ready with Water Cleaning, which not only removes the sulfur but also particles from the exhaust.

For further information, please contact:

Erik Hanell
President & CEO
Stena Bulk AB
Mobile: +46 704 855 002
erik.hanell@stenabulk.com

With offices in six countries, Stena Bulk is one of the world's leading tanker shipping companies. The company controls a combined fleet of around 110 vessels. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and sales of SEK 60 billion. www.stenabulk.com

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SOURCE Stena Bulk