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Jun 7, 2010 11:53 AM

Stena Bulk, which recently confirmed an order at Samsung Shipyard for six in-house-designed Suezmax tankers for delivery in 2011-2012, has placed one more order of a Suezmax tanker—the seventh in the series.

The vessels have been designed by Stena’s own design department in accordance with the most advanced technology available. The result is improved energy efficiency, which will, among other things, reduce fuel and bunker consumption by up to 15% compared with most efficient, conventionally designed Suezmax tankers currently in operation.

“Stena Bulk has been patient in viewing the markets these past couple of years to expand its fleet of Suezmax tankers (160,000 dwt). And we have taken the time to integrate our proven track record for innovative tanker design by creating the most environmentally friendly large tanker of its size, with minimal fuel consumption, available today,” said Ulf G Ryder, president and chief executive officer of Stena Bulk.

The operation and chartering of the Stena Sonangol Suezmax Pool is run from Stena Bulk’s offices in Houston TX; London, England; and Singapore. This spring, the joint venture celebrated the addition of its newest representative office opening in Rio de Janeiro, Brazil.