The new partnership will provide a solution for GAR’s international transport of its palm-oil products and implies that Stena Weco will extend its palm-oil business into intra-Asian transport.
Stena Bulk and Weco joined forces in the products-tanker trade last year and operate around 40 medium-range (MR) tankers.
To support the expansion in the vegoil trade, Stena Bulk has now ordered up to 10 parcel tankers of 50,000 dwt at Guangzhou Shipyard International (GSI) in China.
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