Stena AB

Stena roro

Stena RoRo provides vessels, innovative solutions and project management. Its customers are operators and shipping companies around the world. The expertise, dedication and financial resources create customer value, growth and profitability, and make it an attractive place to work.

Strong market and full contract coverage

New tough requirements

The SECA requirements for cleaner fuel came into force in 2015, and lower oil prices meant that shipping companies were able to bear the increased cost. The price fall also increased demand for RoRo vessels in Europe, particularly for larger tonnage. Previous years’ ship scrapping and continuing sale of vessels to Asia have decreased the vessel supply in Europe.

The market has developed strongly and shipping companies are paying higher charter rates. The stronger market means that new RoRo vessels are now planned for. The RoPax market has ­historically been stronger than the RoRo market and the difference remains.

Growing operations in Asia

From the office in Shanghai, Stena RoRo is now represented in China, Korea and Japan. A previous time charter contract with chinese Bohai Ferries has been extended and converted into a bareboat charter agreement.

Stena Alegra has been renamed Kaiarahi during her employment with Interislander. The vessel runs between Wellington and Picton in New Zealand and has an onboard capacity of 550 passengers and a cargo deck of 1,950 lane metres.

A modern fleet of vessels

After an upgrade and refurbishment in Singapore, Stena Alegra has been delivered to Interislander, New Zealand. Marine Atlantic, which had Blue Puttees and Highlanders on a five-year charter, has exercised its options and took over the vessels in December 2015 and February 2016, respectively. The RoPax vessel Stena Feronia has been sold to Strait Shipping, New Zealand.

Stena RoRo has chartered the RoRo vessels Misida, Misana and Miranda from Godby Shipping. The three ice-class medium size vessels have been chartered out to Finnish Transfennica on long-term contracts.

All 19 of Stena RoRo’s vessels are chartered out, and new contracts have been signed on favourable terms.

Per westling

CEO, Stena Roro

At current oil prices, the next two to three years will be strong in Europe, thanks to strong demand and low supply.

In Asia, the market continues to grow and there is great potential to develop, for example, RoPax traffic between China and Korea. In addition, increasing environmental and safety requirements are accelerating the exchange of old tonnage, which in turn is strengthening the charter market in both Asia and Europe. This gives Stena RoRo a stronger position thanks to a high-quality fleet.

Stena Alegra

Delivered by Stena RoRo to Interislander with: Short delivery time, Competitive price and Tailor made design.
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