Stena Bulk's IMOIIMAX Fleet Performs at Top Level

GÖTEBORG, Sweden, March 5, 2019 /PRNewswire/ -- Stena Bulk has now had a fleet of 13 IMOIIMAX vessels of MR model on the market for a year, and an evaluation shows that the chemical vessels have been a success, both in terms of performance and business. An IMOIIMAX tanker has 18 separate tanks (3,000 m3/tank), which provides for large freedom of choice as regards combinations of cargoes. The IMOIIMAX vessels are also characterised by high safety and low fuel consumption.

"Utilization 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," confirms the President and CEO Erik Hanell, Stena Bulk.

The thirteen sister vessels trade in one of Stena Bulk's global logistic systems, which focuses on refined petroleum products, vegetable oils and chemicals. The fleet consists of 60 vessels related to Products & Chemicals and is operated from Stena Bulk's recently opened office in Copenhagen with support from the company's offices in Singapore, Houston and Dubai and its head office in Gothenburg.

"It's now been just over four years since we took delivery of our first vessel in the IMOIIMAX series and the vessels have performed beyond our expectations. Both the technical and the commercial concepts have proved to be very successful and have set a new standard for cargo efficiency and bunker consumption. The IMOIIMAX fleet is a significant and competitive addition to our high-quality fleet. At the same time, it is an important step forward and a development of our existing sophisticated trading system," comments Erik Hanell.

Facts - the IMOIIMAX concept
IMOIIMAX is a vessel concept with a focus on flexibility and is a further development of an already well-established concept. The innovative technical design was developed by Stena Bulk and Stena Teknik together with the Chinese shipyard GSI. It offers several advantages such as extra large cargo flexibility, a high level of safety and economical fuel consumption. An IMOIIMAX tanker has 18 separate tanks (3,000 m3/tank), which provides for large freedom of choice as regards combinations of cargoes. The tanks have a Jotun Flexline coating, which means that they can also be easily cleansed and thus be used for other cargoes to quickly switch between different markets. Furthermore, the IMOIIMAX tanker's cargo flexibility and ability to quickly cleanse the cargo tanks for different cargoes maximises its capacity utilisation rate.

"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", concludes Erik Hanell.

Ship launching ceremonies have taken place across the globe. Crown Princess Mary of Denmark was a public godmother - in Copenhagen there was also a digital ceremony, and in Guangzhou there was even a double naming ceremony.

Technical data: length: 183 metres, beam: 32 metres, deadweight: 50,000 tons.

The Whole IMOIIMAX fleet - Name, delivery date and owner
Stena Impression, 2015, Stena Bulk and Sinarmas
Stena Image, 2015, Concordia Maritime
Stena Imperial, 2015, Stena Bulk and Sinarmas
Stena Important, 2015, Concordia Maritime
Stena Imperative, 2016, Stena Bulk
StenaWeco Impulse, 2016, Stena Bulk and Stena Weco
Stena Imagination, 2016, Stena Bulk and Sinarmas
Stena Immortal, 2016, Stena Bulk and Sinarmas
Stena Immaculate, 2017, Stena Bulk
Stena Impeccable, 2017, Stena Bulk
Stena Imperator, 2017, Stena Bulk
Stena Imprimis, 2017, Stena Bulk
Stena Impero, 2018, Stena Bulk

Technical solutions
Some of the technical solutions that result in more efficient energy consumption and greater logistic flexibility:

    --  Main engine auto-tuning
    --  More efficient boiler with recovery from multiple heat sources
    --  Recovery of propeller energy loss
    --  Aerodynamic design of the accommodation and bridge
    --  Flexible cargo handling
    --  Nitrogen as inert gas
    --  An effective tank-cleansing system

For more information about IMOIIMAX concept see
https://www.youtube.com/watch?time_continue=10&v=ElOFZULSqto
https://www.youtube.com/watch?time_continue=1&v=wouiwRFeseo

For further information, 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 100 tankers. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and sales of SEK 60 billion. www.stenabulk.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stena-bulk/r/stena-bulk-s-imoiimax-fleet-performs-at-top-level,c2756967

The following files are available for download:

     
     https://mb.cision.com/Main/2249/2756967/1002581.pdf                                                   
     PDF



     
     https://news.cision.com/stena-bulk/i/imoiimax-stena-imperative-,c2586862                                IMOIIMAX Stena Imperative



     
     https://news.cision.com/stena-bulk/i/imoiimax-stena-impression,c2586861                                 IMOIIMAX Stena Impression



     
     https://news.cision.com/stena-bulk/i/imoiimax-stena-imperator--stena-imprimis,c2586860                  IMOIIMAX Stena Imperator, Stena
                                                                                                                 Imprimis



     
     https://news.cision.com/stena-bulk/i/h-r-h--crown-princess-mary-of-denmark,c2586856                     H.R.H. Crown Princess Mary of
                                                                                                                 Denmark



     
     https://news.cision.com/stena-bulk/i/digital-ceremony-in-copenhagen--imoiimax-stena-immortal,c2586857   Digital ceremony in Copenhagen,
                                                                                                                 IMOIIMAX Stena Immortal



     
     https://news.cision.com/stena-bulk/i/godmothers-of-imoiimax-stena-imperator--stena-imprimis,c2586859    Godmothers of IMOIIMAX Stena
                                                                                                                 Imperator, Stena Imprimis



     
     https://news.cision.com/stena-bulk/e/technical-specification--imoiimax-stena-bulk,c2586854              Technical Specification, IMOIIMAX
                                                                                                                 Stena Bulk



     
     https://news.cision.com/stena-bulk/e/summary-naming-ceremonies--imoiimax-stena-bulk-,c2586855           Summary Naming Ceremonies,
                                                                                                                 IMOIIMAX Stena Bulk



     
     https://mb.cision.com/Public/2249/2756967/a32203a72950b061.pdf                                          Brochure IMOIIMAX Stena Bulk

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SOURCE Stena Bulk