The Company

Stena Oil is the leading bunker supplier in the Nordic countires. As a part of the Stena Sphere, Safety is our top priority. We have a terminal in the port of Gothenburg which is the center of our operation but our activity and international trading reach beyond the Nordic countries.

Stena oil

Stena Oil is the leading supplier of bunker oil in the Nordic countries and provides full-service marine solutions for vessels in the Skagerrak, Kattegat and the North Sea. For more than a quarter of a century, Stena Oil has provided offshore bunkering services in extremely tough conditions in the Nordic areas to our international clients. Over the years we have accumulated a vast amount of valuable experience.

As well as selling bunker oil for shipping companies around the world, we take care of slops and sludge, which are cleaned by Stena Recycling, and can be returned into the water cycle. Waste from the engine room is recycled into fuel oil and sold to the cement industry.

We always aim to develop new solutions that simplify customers' day-to-day tasks and reduce their operating costs. One example was when requirements for lower sulfur levels in marine fuel were introduced. Shipping companies faced the choice of investing in onboard flue gas cleaning or using more expensive gasoil. Our solution to the problem was ECA oil - a new fuel that is competitively priced and meets emission requirements, which is good news for the environment.

In recognition of our ability to find quick solutions, we have signed an agreement with the EU to handle oil spills in Nordic waters. This agreement, made with European Maritime Safety Agency, has meant that MT Norden, one of our five bunker ships, has been equipped with new equipment to be able to quickly respond and take care of oil spills at sea.

Founded in 1980, Stena Oil forms a part of one of the world’s largest ferry-line and tanker operators, the Stena Business Group. Since then our company has grown to become the leading Swedish supplier in the bunker business segment. Quality is the keyword in our business and with more than 35 years of experience, we can handle ship owners’ every need.

PART OF THE STENA SPHERE

Since the start in 1939 Stena has developed into an international group of companies with business activities all over the world. Activities today are spread over several areas: ferry routes, shipping, offshore drilling, property, finance plus recycling, environmental services and trade. Whatever the industry, the Spheres companies contribute to the creation of benefits and value for the customer.

The Stena Sphere consists of the three parent companies, wholly-owned by the Sten A Olsson family: Stena AB (publ), Stena Sessan AB and Stena Metall AB and their wholly or partly owned subsidiaries. Together they constitute one of Sweden’s largest family-owned corporate groups. The partly-owned company Concordia Maritime AB (publ) is listed on the Nasdaq OMX Stockholm and 52% is owned by Stena Sessan AB. In total, 19,000 people are employed in the Stena Sphere. Total sales amounted to SEK 55,000 SEK million in 2016.

The Stena Metall Group conducts operations in eight business areas at more than 200 locations in ten countries. Every day, our 3,000 employees work with our customers to create new value that benefits everyone - the business, the environment and society as a whole. We recycle five million tonnes of waste every year. We provide society with the raw materials, steel products and marine fuels it needs. Through research and development, we are working to meet the challenges ahead.

We are proud to be a part of the Stena sphere, it gives us the strength to be creative and be able to create value

-Jonas Persson, Managing Director Stena Oil

 

SAFETY FIRST

Focus on safety and environment – Stena Oil became involved in the process of creating a vetting procedure and bunker license called “Green Bunkering” to be used in and around the port of Gothenburg when performing bunkering operations.

The work was carried out in collaboration between the Swedish coastguard, the local Port authorities and Fire Department, the Public Cleansing department, the Swedish Rescue service agency, the County Administration and fore most the local bunker suppliers and tanker owners active in the bunker trade as priority was put on environment and safety by the port authority in 1999.

The Green Bunkering vetting program covers both the crew and the bunker equipment used for bunker operations. And since the procedure entered into force there have been no serious oil spill by a “Green Card” holder.

To learn more about Green Bunkering requirements click here >>

 

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Stena Oil