Tuesday, October 16, 2018

Stena Bulk confirms scrubber order with Bluesoul

Stena Bulk has now signed a turnkey exhaust gas scrubber solution agreement with Chinese
Bluesoul to equip its Suezmax and IMOIIMAX fleets. In total, Stena Bulk will equip 15 vessels with
scrubbers and have an additional 6 options for installation prior to 2020.

Shanghai Bluesoul Environment Technology, with its base in Shanghai, has had a collaboration
agreement with the Stena group for more than a year. Bluesoul is the first Chinese enterprise to be
awarded Lloyd’s Register Exhaust Gas Cleaning System Machinery General Design Appraisal as well as

“By installing scrubbers, we will be well equipped to meet the 2020 regulation and are protected
from price volatility as well as fuel shortage. In relation to market developments, today’s market
predictions are attractive in theory and currently seems to be so in practice too, despite there being
a couple of parameters that remain uncertain. However, there are opportunities already available
today to lock in some of the uncertainty, which might be appealing when looking for a more secure
investment. We are very happy to be able to confirm this order with Bluesoul, which has performed
very well in terms of quality compared with more reputable manufacturers”, says Erik Hånell,
President & CEO Stena Bulk.

The scrubber to be installed is an Open Loop Hybrid Ready with Water Cleaning, which not only
removes the sulfur but also particles from the exhaust.

For further information, please contact:
Erik Hånell
President & CEO
Stena Bulk AB
Mobile: +46 704 855 002

With offices in six countries, Stena Bulk is one of the world’s leading tanker shipping companies. The company
controls a combined fleet of around 110 vessels. Stena Bulk is part of the Stena Sphere, which has more than
20,000 employees and sales of SEK 60 billion. www.stenabulk.com