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 Sonangol team 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
17
Total DWT
2.685.605
Average year built
2013
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
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 US
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.
OUR FLEET
The Stena Sonangol Pools are comprised of and support both charter services and owners who wish to leverage their position through market fluctuations. The Pool absorbs some of the risk by spreading it over several ships vs. one or two ships that would trade on the open spot market.
OUR OFFER
The Stena Sonangol Pool has formed a team dedicated to the success of the Pool and its participants. All are highly experienced in the global shipping industry. If you have any questions about the Pool or pool participation please contact the Pool’s headquarters in Houston.
