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2019 October 4   16:14

Proman Shipping signs new joint venture with Stena Bulk

Proman Shipping AG and Stena Bulk AB today announces a new Joint Venture partnership. The venture marks an exciting new step for Proman Shipping, which will be the operator and 50-50 owner of two long term time-chartered ships, under the name ‘Proman Stena Bulk Limited’, the company said in its release.

The Joint Venture is a significant investment for Proman Shipping and for Stena Bulk. It represents Proman’s commitment to building a sustainable shipping sector by using methanol - a safe, clean-burning and biodegradable fuel. For Stena Bulk, an internationally renowned shipping operator, it demonstrates a commitment to be one of the leaders in the shipping industry by creating unique in-house solutions and always being in the forefront in respect of innovations.

About Stena Bulk

With offices in seven countries, Stena Bulk is one of the world’s leading tanker shipping companies. The company controls a combined fleet of around 110 vessels. Stena Bulk is part of the Stena Sphere, which has more than 20,000 employees and sales of SEK 60 billion.

About Stena Sphere

Stena is one of the largest family-owned business groups in Sweden and operates worldwide within different businesses such as Ferry Operations, Offshore Drilling, Shipping, Property, Finance, New Businesses and Recycling. Head office is in Gothenburg, Sweden.

About Proman Shipping

Proman Shipping AG is based in Wollerau, Switzerland. The company was established in March 2018 and provides maritime expertise, commercial vessel management and global ocean transportation to the Proman Group of companies. The company manages a fleet of 12 time-chartered vessels comprising of 9 zinc-coated and 3 epoxy-coated chemical tankers.

 

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