Brazil’s state-owned oil company, one of the world’s fastest-growing energy companies, has signed a contract with Stena Bulk for the chartering of its MR product tankers Stena Conqueror and Stena Conquest. The contract is for a term of two years and includes the option to extend the charters for another 11 months. The vessels will carry refined products along the Brazilian coast.
“We have a long-standing, highly-valued relationship with Petrobras when it comes to both Suezmax and MR tankers and we are committed to continue to provide them with safe and efficient deliveries. We also hope to expand our relationship in the future,” says Erik Hanell, CEO and President of Stena Bulk.
“As part of our business strategy, we continue to cater for Petrobras’ shipping requirements as a preferred customer and logistical partner of Stena Bulk. Over the years we have developed a close working relationship and our latest commitment of time chartering out the Stena Conqueror and the Stena Conquest are good examples of our continued efforts of supporting Petrobras throughout their supply chain,” comments Claes Leschly Bang, General Manager & Head of Stena Bulk Products & Chemicals USA.
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
Stena Conqueror weighs in at 47,000 dwt and built in 2003, while the 2004 build Stena Conquest’s tonnage is also 47,000 dwt.