Swedish shipowner Stena Bulk has expanded its fleet with long-term charter agreements for four eco medium range (MR) tanker newbuilds. 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. All vessels are set to use the South Korean yard’s latest 8th generation MR tanker design, which has been recognised for its excellent efficiency performance. The design enables low fuel consumption, consuming just 15 metric tonnes of fuel per day when laden at 13 knots. The vessels are also scrubber-fitted to ensure global sulphur cap compliance. This announcement is in line with the long-term charters of the Stena Convoy and Stena Conductor, which were delivered in 2022 to a South Korean yard and chartered from a Japanese owner, same as this quartet. “The current landscape of costly short-term time charters means we need to think differently, which is why we are proud to sign these four long-term newbuild charter deals,” said Erik Hånell, president and CEO of Stena Bulk. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsJapan Sweden