This is Stena Weco
Stena Weco has embarked on the journey towards being the market-leading operator in the MR tanker segment. Wholly owned by Stena Bulk since 2017, the shipping company specialises in the transportation of vegetable oils, chemicals and oil and petroleum products. Stena Weco is one of the largest global carriers; currently operating around 65 vessels, about half of which are owned and half chartered.
Stena Weco’s owner Stena Bulk is one of the world’s leading tanker shipping companies. The company controls a combined fleet of around 100 tankers. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and sales of SEK 60 billion.
The ongoing addition of a series of ten true IMO 2 product and chemical tankers strengthens Stena Weco’s ability to provide the worldwide market with a first class seaborne solution.
Read more about the IMOIIMAX story.
EXPERTS IN CROSS TRADING
Stena Weco are experts in cross trading of vessels in and out of various markets including chemicals, edible oils, and clean petroleum products resulting in a better utilization of the fleet and positive bottom line. StenaWeco holds several contracts of affreightments building on the world wide triangulation trade.
We are market leaders of moving palm oils in to Europe. We have achieved a model in order to trade around the globe and effectively build on the triangulation trading by minimized ballast and maximum returns.
close to your local customers
We cater as well to the local markets and our local hubs by staying close to your local customers. We have achieved this with a hub-type trading around each office and then in a coordinate effort between our offices move our vessels around the globe.
What I like the most is the daily talks with the masters. For them it can be the only phone call that day and when they do the long haul voyages a simple question about their day makes the difference.
Therese Jällbrink, Commercial Operations, Stena Weco