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Stena Oil starts offering VLSFO, to add Gothenburg storage capacity

18 Aug 2019

Stena Oil, a bunker supplier in the Nordic countries, recently announced it has started supplying fuel oil with less than 0.5% sulphur content by barge in the Skaw – Gothenburg range.

Key parameters of the new product are:

Density: 0.945
Viscosity: 234 cSt
Sulphur: 0.47 %

According to the firm, the product is a straight run refinery grade product with “excellent properties” for all vessels currently burning fuel oil in their engines.

“We guarantee ISO 8217:2010 RMG 380 spec and full details of other parameters can be provided upon request,” it states.

Furthermore, the company says it will be adding 25,000 m3 of storage in the Port of Gothenburg to support distribution of the new 0.5% grade as part of IMO 2020 preparations.

“We are also boosting delivery capacity with a newbuild tanker of 5600 DWT which we will take delivery of in March 2020,” it adds.

“The new VLSFO product is an addition to our current range of products of low sulphur gasoils, ultra low sulphur fuel (ULSFO 0.1%) and high sulphur fuel oil 3,5% S which we will continue to carry for those of our customers that have installed scrubbers on their vessels.

“We look forward to a growing bunker market in our region and these projects will further support our growth. We have been a very active player in the ULSFO 0.1% market already since 2015 and building on this experience customers can turn to us with confidence for their VLSFO needs going into 2020.”

Moving forward, Stena Oil confirms its new storage terminal in Frederikshavn will be completed in the fourth quarter of 2020.

The new terminal, which will be Scandinavia’s largest for marine fuel products, will have a capacity of 75,000 m3 and is located close to one of the busiest shipping lanes in Europe, it says.

Photo credit: Stena Oil
Published: 19 August, 2019

 

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