Mainly, the partnership revealed the joint collaboration. Yet, up to now, there are no further details on this partnership.

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A Stena's spokesman quoted in Lloyd's that the company is not in position to release any additional details about the new company.

Additionally, Stena company and Hyundai Glovis have collaborated in the past in other fields. Specifically, in 2013, the two companies operated Stena Polaris, an ice-class P-MAX tanker, as they tested cargo operations through the Northeast Passage.

Finally, the provisional deadline for approval from the European Commission for the latest venture is February 13.