Stena Oil, a Scandinavian player in the global marine fuels industry, has initiated operations at the new fuel terminal in Frederikshavn, Denmark.
Towards the end of last week, Stena Terminals A/S, a wholly-owned subsidiary of Stena Oil, and the Port of Frederikshavn signed the takeover agreement, signifying that Stena Oil has taken possession of the terminal.
“We have a good collaboration with the Port of Frederikshavn, and we have maintained an ongoing dialogue throughout the entire process. Our focus has consistently been to kickstart our operations in Frederikshavn, and we are pleased that we have now achieved that goal," commented Jonas Persson, managing director of Stena Oil.
The new terminal enables a more efficient infrastructure for Stena Oil and complements the existing operations in Gothenburg, Sweden.
In connection with the establishment in Frederikshavn, a newly built bunkering vessel will be deployed in the first quarter of this year that handles various types of fuels, including biofuels and methanol. One of the customers to be served from Frederikshavn is Stena Line with its ferry routes in Denmark and the Kattegat.
“We are moving into a newly built, state-of-the-art terminal with a capacity of 75,000 cubic meters. The geographical location brings us closer to our customers, allowing us to offer an even more efficient delivery with environmental benefits and solutions for future fuels," said Jonas Persson.