NET ZERO EMISSIONS
Stena Bulk has committed to several long-term targets regarding decarbonization, among them carbon neutral operations by 2040 and a net zero business by 2050.
Stena Bulk's decarbonisation plan to become net zero business by 2050
WHAT ARE WE DOING TODAY?
Stena Bulk contribute to reduced emissions through operational, commercial, technical and behavioral measures, with collaboration as its core. Digital tools, data science and automation are used and developed to increase efficiency and quality across the business and operations.
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OPERATIONAL IMPROVEMENTS
Energy Management is a top priority, and savings are made through improved, optimized and more efficient operations. In close collaboration with Northern Marine Group, the maintenance of the vessels are of highest quality. Together with the in-house developed platform Orbit, operational measures such as weather routing helps it optimize our operations further.
BEHAVIORAL IMPROVEMENTS
By adopting data science and machine learning, we can understand factors driving the consumption. This in turn allows more educated and optimized decision making, thus reducing consumption and emissions.
COMMERCIAL MEASURES
We believe partnerships and collaboration with customers will be key to unlock the commercial feasibility of green technology and fuels. We also believe commercial and contractual improvements such as virtual arrival clauses could make a significant difference without requiring new and expensive technology.
TECHNICAL MEASURES
In cooperation with the naval architects at Stena Teknik we possess cutting-edge competence in design and development of the vessels, investigating potential for technical measures. See some of the projects below:
Stena InfinityMAX - One of our visions for sustainable shipping
Stena IMOFlexMAX - A prototype of the next-generation product and chemical tanker
Stena InfinityMAX - Challenging conventional thinking with InfinityMAX concept vessel
Stena Bulk launches project to demonstrate end-to-end shipboard carbon capture at scale
ALTERNATIVE FUELS
While battery-electric and hydrogen technologies have potential for regional and short-sea shipping, we believe methanol is the most viable option for deep-sea shipping to achieve carbon neutrality before 2040. Consequently, this is where we will put most of our focus, research and investments, without closing any doors to other fuel pathways should they prove more beneficial in the long run.
