Furthermore, in 4Q20, Stena’s new storage terminal in Frederikshavn will be completed. The new terminal, which will be Scandinavia’s largest for marine fuel products, will have a capacity of 75 000 m3 and is located close to one of the busiest shipping lanes in Europe.
“We look forward to a growing bunker market in our region and these projects will further support our growth” wrote the company in a statement. “We have been a very active player in the ULSFO 0.1% market already since 2015 and building on this experience customers can turn to us with confidence for their VLSFO needs going into 2020.”
