Everyone in our business agrees that the quality of an oil tanker has nothing to do with its age. Yet, many oil companies restrict or hesitate to charter ships over 15 years of age. In our opinion, this approach increases the risk of accidents rather than preventing them, and it goes against the global trend for sustainability.
At Stena Bulk and Concordia Maritime, we appreciate that all companies in our industry do their utmost to avoid accidents and oil spills that historically have plagued our industry’s reputation.
