Stena Sonangol Suezmax Pool

Stena Sonangol Suezmax Pool is a joint venture between the tanker owner Stena Bulk and the Angolan energy company Sonangol.

COMBINING STRENGTHS

Stena Sonangol Suezmax Pool is a unique joint venture between Stena Bulk, a leading innovative tanker Owner, and Sonangol, the Angolan public sector energy company.

STRONG TOGETHER

Increased efficiency by minimizing wait time and maximizing laden to ballast ratios

Global coverage - Close to clients with full staffed local offices globally

Economies of Scale throughout the group Port calls / Tugboats / Bunkers

STENA SONANGOL SUEZMAX POOL CONCEPT

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STENA SONANGOL SUEZMAX POOL CONCEPT

 

Stena Sonangol Suezmax Pool is a unique joint venture between Stena Bulk, a leading innovative tanker Owner, and Sonangol, the Angolan public sector energy company.

Modern Efficient fleet

Operation of a modern and efficient fleet of well approved Suezmax tonnage.

trading expertise

Trading expertise of the Stena group and the size of the pool to capitalize on trading opportunities.

Increased efficiency

Increase efficiency by minimizing wait time and maximizing laden to ballast ratios.

 

adaptable to market

Through their resources to obtain market data, Stena Sonangol is able to quickly assess current market conditions and in turn make quick effective decisions.

access to entire pool

For a cargo/ship owner a ship put in the pool gives access to the whole pool fleet.

Economies of Scale

Economies of Scale throughout the group
Port calls / Tugboats / Bunkers.

 

Stena sonangol suezmax pool - fleet data

Number of ships

     18

Total DWT

2,843,724

Average ship age

10,2      

Fundamentals of the Stena Sonangol Suezmax Pool

The Stena Sonangol Suezmax Pool is comprised of vessel Owners and supports Chartering services who wish to leverage their position through spot market fluctuations. The Pool absorbs some of the market volatility risk by spreading it over several vessels that trade on the open spot market. To achieve this all vessels in the Pool are assigned Pool points to ensure a neutral and equitable system for the net revenue distribution which can:

  • readily be described and is transparent to vessel owners
  • be used to evaluate new vessels entering the Pool

Orbit

ORBIT

The utilization of digital technology is key to further improve the efficiency and reduce the environmental footprint of ship operations. The Stena Sonangol Suezmax Pool uses the Orbit platform to monitor, optimize and plan day-to-day operations as well as long-term strategic positioning. The platform allows us to continuously improve the utilization and performance of our fleet by supplying and visualizing relevant and up-to-date performance and market data with applied intelligence tailored for our needs. It’s also a collaboration and data sharing platform, opening up the operations to our pool partners and improving the transparency towards our charterers.

About the Pool Contact

Questions about the Pool or pool participation? Please contact us.