Swedish owner OljOla Shipping is teaming up with compatriot Stena for a new bunker tanker for methanol and biofuels.

The company said it is working with Stena Oil and Stena Teknik on a new joint venture agreement to “secure an ongoing newbuilding project”.

This involves building an initial 2,000-dwt oil and chemical tanker at Genka Shipbuilding in Tuzla, Turkey, for delivery in 2023.