Stena Oil is now able to supply fuel oil with less than 0.5% sulphur content. The fuel oil is available by barge in the Skaw – Gothenburg range. In order to strengthen its build up toward the post 2020 market the company is now adding 25,000 cbm of storage in the Port of Gothenburg to support distribution of the new 0.5% grade. It is also boosting delivery capacity with a newbuild tanker of 5600 DWT which it will take delivery of in March 2020.
Key parameters of the new product are:
Viscosity: 234 cSt
“This 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,” said Stena Oil.
Furthermore, in Q4 2020, its new storage terminal in Frederikshavn will be completed. The new terminal, which will be Scandinavia’s largest for marine fuel products will have a capacity of 75,000 cbm and is located close to one of the busiest shipping lanes in Europe.
The new VLSFO product is an addition to its current range of products of low sulphur gasoils, ultra low sulphur fuel (ULSFO 0.1%) and high sulphur fuel oil 3.5% S which it will continue to carry for 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,” the company said. “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.”
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