Petrobras, Brazil's state-owned oil company has signed a contract with Stena Bulk for the chartering of its MR product tankers.
The tankers include Stena Conqueror (47,000 dwt, built in 2003) and Stena Conquest (47,000 dwt, built in 2004).
The contract is for a term of two years and includes the option to extend the charters for another 11 months. The vessels will carry refined products along the Brazilian coast.
Stena Bulk CEO and president Erik Hånell said: “We have a long-standing, highly-valued relationship with Petrobras when it comes to both Suezmax and MR tankers and we are committed to continue to provide them with safe and efficient deliveries. We also hope to expand our relationship in the future.”
Stena Bulk general manager and products & chemicals USA head Claes Leschly Bang said: “As part of our business strategy, we continue to cater for Petrobras’ shipping requirements as a preferred customer and logistical partner of Stena Bulk.
“Over the years we have developed a close working relationship and our latest commitment of time chartering out the Stena Conqueror and the Stena Conquest are good examples of our continued efforts of supporting Petrobras throughout their supply chain.”
Source: Company Press Release