Stena Bulk has announced that it has successfully completed the sale of two of its LNG carriers, Stena Crystal Sky and Stena Clear Sky, to BW LNG.
According to Stena Bulk, as part of the sale, BW LNG will assume the existing charters for both LNG carriers. Both vessels were originally delivered in 2011 from Daewoo Shipbuilding & Marine Engineering in South Korea. Stena Crystal Sky and Stena Clear Sky each have an LNG carrying capacity of 174,000 cbm.
As part of our strategy to continuously look for new opportunities, Stena Bulk took the decision some time ago to sell Stena Crystal Sky and Stena Clear Sky. We are pleased to have been able to find a solid buyer in BW LNG for these two LNG carriers.
… said Erik Hånell, President & CEO of Stena Bulk
To remind, Stena Bulk also recently announced the latest expansion of its fleet with new long-term charter agreements for four newbuild eco Medium Range (MR) tankers. As explained, two of the vessels, Stena Continent and Stena Conquest, will be delivered from Hyundai Mipo by the end of 2025. Two further eco MR tankers, Stena Contender and Stena Concept, will follow in 2026.
Following the sale of these two vessels, we have one LNG tanker – Stena Blue Sky – still in our control. We will continue to be pragmatic about Stena Blue Sky, and the opportunities that slightly rationalising our fleet will bring. This news enables us to continue to build bridges towards a new era for Stena Bulk and our fleet.
… added Erik Hånell, President & CEO of Stena Bulk
Generally, LNG is regarded as a major transition fuel for the maritime industry, in its efforts to reduce emissions. For instance, according to data added to DNV – Maritime’s Alternative Fuels for Shipping (AFI) database, a notable surge in orders for liquefied natural gas (LNG) fueled vessels was observed, adding 10 new entries during the month of January.
