STENA METALL 80 YEARS

In November, it was 80 years since Stena Metall first saw the light of day. This is how it looked when the cake was cut at some of the group's facilities and offices.

LINDÄNGEN AND HERMODSDAL

Although the Lindängen and Hermodsdal neighbourhood in Malmö has been affected by unrest and several acts of violence in the past year, the sense of security among tenants of Stena Fastigheter is increasing according to the latest tenant survey.

STENA FASTIGHETER CONDUCTS A TENANT SURVEY

Personnel working at Stena Fastigheter in Stockholm, more specifically district manager Karin Linander and her colleagues in Fisksätra, Gustavsberg and Sickla, have this year increased tenant satisfaction in all the areas measured in the tenant survey. Security, clean and tidy, taking the tenant seriously and providing help when needed.

CONCORDIA MARITIME

Concordia Maritime had predicted a strengthened tanker market and at the end of the third quarter, as well as in the beginning of the fourth, the upturn became clear. In addition, several basic structural factors indicate that the market will continue to be strong.

COLLABORATION

On 9 October, 30 administrators from the entire Stena Sphere met in Gothenburg for team-building and to learn more about sustainability from a global perspective.

STENA BULK IN NEW JOINT VENTURE

Stena Bulk and Swiss Proman Shipping have initiated strategic collaboration. This collaboration involves the formation of a new joint venture in which Proman Shipping initially agrees to long-term charter and become half-owner in two new orders for IMOIIMeMAX MR vessels from GSI, under the company name Proman Stena Bulk Limited. Collaboration also involves investing in methanol as a fuel for reduced environmental impact. The two companies' shared values and ambitions create good conditions for collaboration.

STENA LOGISTICS

There is considerable power in networking and good relationships that in the long run, can open the way for entirely new business opportunities. Stena's new business area – Stena Logistics – is a shining example of this. That the organization got off to such a good start is partly due to Stena Bulk helping the Korean transport and logistics company Hyundai Glovis in 2013, when they wanted to be the first in Asia to establish a route through the Northeast Passage.

Dan Sten Olsson

For 2019 most of our business units have improved their situations and positions in the market.

STENA ESTRID SETS SAIL

What a journey it has been! Six years after initiating the next-generation ferries project for Stena Line, Stena Estrid is now finally ready. She is one of the five new E-Flexer ships that Stena Line has ordered in total. On November 15 Stena Line took
delivery of the Stena Estrid at the AVIC shipyard in Weihai. In the beginning of next year, she will be the first of the three new ships built for the Irish Sea to start operating on the Dublin-Holyhead route.

STENA RORO - SEVEN SHIPS IN PRODUCTION

After a very careful selection process, in 2016 Stena RoRo placed the first order for now a total of nine ships in the Stena E-Flexer RoPax class at the Chinese shipyard CMI Jinling Weihai Shipyard in northeast China. All ships are based on the same hull, but have been adapted to different customers' wishes and needs.

STENA IMPERO'S CAPTAIN AWARDED

The Captain of the Stena Impero – the tanker detained by Iran for 70 days over the summer - has been awarded by British Royalty for his exemplary service and devotion to duty.

STENA RECYCLING - INDUSTRY 4.0

A more efficient and safer workplace is the goal when Stena Recycling has its sights on Industry 4.0. And with digitalization and technology development, production will become even better.

PROUD OF STENA!

I'm proud when I take the ferry from Styrsö en route to Stena. Many in Gothenburg's southern archipelago have their livelihoods in fishing and shipping, and this is also where Stena has its roots. I am proud to be part of an organization that has a local history and global organization. I am also proud that we have “care” as one of our key words. But I am perhaps most proud of our long-term approach and our genuine commitment in everything we do.

STENA FASTIGHETER CREATES NEIGHBOURHOODS WHERE PEOPLE ARE HAPPY

CHIRPING OF BIRDS AND GENTLE WAVES LAPPING ON THE SHORE IN THE RECYCLING ROOM
- ALEX'S IDEA LED TO MORE SATISFIED TENANTS

Dan Sten Olsson

Namely
- to take into account the complexity or the two-sidedness, (the duality) of everything
- to nevertheless act decisively by
- being simple, fast and brave.

STAYING TRUE TO WHO WE ARE

We are proud of our past, rightfully so. Stena is a fantastic company that has grown and evolved over decades. However, we know that we cannot rely only on the recipe of a proud past to safeguard also a promising future. Especially now, when the world around us is changing rapidly, where do we find the right answers? And how to make sure we do not get lost in our search for the right paths to take? My belief is that our challenge is not primarily about finding the right answers, it must start by asking ourselves the right questions. To be curious, brave and look beyond the obvious.

GLOBAL MERCY

The Tianjin Xingang Shipyard in north-eastern China is building the Global Mercy – the world's largest civilian hospital ship. Heading the project is Stena RoRo, commissioned in 2014 by the international aid organisation Mercy Ships. The vessel has now been launched and the equipment phase with wiring, piping and interior fittings is underway. Stena RoRo has 16 employees at the shipyard to monitor the complex project.

ROUND UP FOR CHARITY

For the third year in a row, Stena Line launched a fleet-wide donation campaign to support the free, life-saving medical treatments that Mercy Ships provides from its hospital ship in countries where it’s needed the most.

FOUR NEW MERCY SHIPS VOLUNTEERS

The global charity organisation Mercy Ships has been our partner since 2017. In addition to fundraising and creating awareness, we aim to contribute with the unique technical and naval competence held by our employees. This year, two able seamen and two engineers joined the other volunteers at the yard in Grand Canaria, preparing the sailing hospital Africa Mercy for her next mission to Senegal.

DONSÖ SHIPPING MEET

Donsö Shipping Meet was created to promote Swedish shipping internationally. In contrast to other events, the highest priority is on encounters between people and opportunities to establish genuine contacts. For three days, 2,000 visitors and 250 exhibitors gathered on Donsö – a small island in the Gothenburg archipelago, where Stena originated.

1-YEAR ANNIVERSARY

Your connecting flight is unexpectedly cancelled, and you are now stuck in Schiphol Airport. The business meeting is in 4 hours. It is at times like this you need effective and trusted support to guide you onward.

EXPLORING THE GOLDEN MINDS

Diversity is becoming an increasingly important factor for businesses to be able to develop and be innovative in a fast-moving environment. But a business characterised by diversity also places new demands on leadership. Through the training Exploring the Golden Minds, which is part of the leadership program Ready 4 Anything, Stena's leaders will have the opportunity to develop their knowledge in the field.

CREATING CIRCULAR FLOWS

Stena Recycling's new Circular Initiative for sustainability puts the focus on an important societal challenge and is attracting decision-makers from Sweden's largest industrial companies. Several projects for developing circular material flows are already underway.

STENA CIRCULAR ECONOMY AWARD

In June, eleven Swedish Upper Secondary School students received the Stena Circular Economy Award. The award is in the form of scholarships for Upper Secondary School students who are contributing to conversion to a circular economy with more efficient conservation of the Earth's resources.

STENA IMPERO

Through daily efforts from Stena Bulk and Northern Marine Management and repeated demands for release from both the Swedish and UK Foreign Offices, the Stena Impero was finally able to leave Bandar Abbas and Iran after 71 days.

SCHOOL IN FISKSÄTRA

The municipal elementary school in Fisksätra, east of Stockholm, has suffered from few applicants for serveral years. In September, Stena Real Estate bought the school from the municipality. The acquisition of the
elementary school building is unique in the company's history, and is part of the work to strengthen the whole of Fisksätra. In the autumn of 2021, the school opens again – with the Viktor Rydberg Foundation as principal.

SAFETY

At Northern Marine Group, ‘safety’ is a word you hear a lot. It is a Company value; it is written in the Company ship management mission statement; it is ingrained in the fabric of both the business and its employees.

WITH A FOCUS ON PLASTIC

Interest in plastic recycling is extremely high. This was clearly demonstrated at Stena Recycling's Knowledge Day at the Stena Nordic Recycling Center in April. More than 200 guests from several countries attended to listen and participate in the discussions.

Dan Sten Olsson

Every year meets its fair share of events. Some seem to be remarkable as they arrive. Others turn out not to be so remarkable in retrospect. This year we have taken big steps into being active in logistics, which, I believe, will remain a remarkable step forward.

WHAT’S GOING ON?

The album “What’s going on?” was released in 1971 by Marvin Gaye. It was a huge hit and was voted one of the greatest albums of all time. Why? Well Marvin Gaye voiced some of the big concerns of his generation – the Vietnam war, inequalities and environmental pollution. And people listened.

Stena Europe

The Stena Europe is a passenger ferry operated by Stena Line, servicing the Irish Sea route between Fishguard and Rosslare. The 37-year-old ship has careful maintenance to thank for its good condition. In order to keep the ship running for another number of years, it has undergone a thorough renovation in recent months.

ANNUAL GENERAL MEETING

Over a hundred shareholders gathered on this sunny spring day to attend Concordia Maritime's Annual General Meeting, which took place on 25 April at the Elite Park Avenue Hotel on Kungsportsavenyn in Gothenburg. The Sulphur Directive IMO 2020 and the pros and cons of installing scrubbers was the single most important topic of discussion during the meeting.

SUSTAINABLE JOURNEY CONTINUES

AI assisted vessels to save fuel, battery power propulsion, huge reduction of single use plastic on board, continued low level of crew and passenger accidents and the launch of a fifth focus area – Equality and inclusion. That are some of the highlights in Stena Line's sustainability review A Sustainable Journey for 2018.

EQUALITY AND INCLUSION

Stena Line has launched a new sustainability focus area – Equality and inclusion. This is part of the company’s increased commitment to creating a sustainable working environment and an important step on the journey towards becoming a leader in sustainable shipping.

All Aboard!

Sponsoring EuroPride is one of Stena Line’s initiatives to highlight the importance of equality and inclusion. It is an opportunity for the company to stand up for equal rights and oppor-tunities for everyone and to show employees, customers and business partners that Stena Line cares – and welcomes all.

MERCY SHIPS

Stena Line's partnership with Mercy Ships is not only about raising awareness and donations among passengers and partners, it is also about sharing the unique technical and naval competence the company’s employees hold.

MASTHUGGSKAJEN GETS NEW LIFE

In May, the first sod for Masthuggskajen in Gothenburg was taken. The work of creating a completely new living district right next to the river Göta Älv is one of Stena Fastigheter’s largest and most recognized urban development projects ever. And it is done on classical Stena land.

STENA CARBON DAYS

Stena aims to meet the world’s demand for emission reductions with innovative solutions and collaboration. This emerged from the discussions at Stena Carbon Days.

CLEANER OCEANS

Each year around 8 million tons of plastic ends up in the ocean, plastic that doesn't disappear. This has serious consequences for animals, nature and even us humans. Ocean litter is one of the greatest environmental problems and to help raise awareness Concordia Maritime organised, for the second time, a beach clean-up in the Gothenburg archipelago.

REFLECTIONS FROM DAVOS

The World Economic Forum was founded in 1971 by a professor of economics who wanted to gather important stakeholders for the purpose of informing, discussing and developing action plans for the benefit of the world. The purpose is summarized in the goal formulation: "Committed to improving the state of the world". Over the years, the forum has grown to become an important and unique meeting place in business life and between companies, political decision makers and research, often represented by interest groups. Everyone is not welcome, it is by invitation only.

SCRUBBER INSTALLATIONS

Maximising ship owners’ investment return is one of the primary objectives for Tritec Marine and Shanghai Bluesoul Environmental Technology Co.Ltd as they collaborate on the installation of exhaust gas cleaning systems (scrubbers).

GAIN OR DRAIN

Being able to create, transfer and leverage energy is one of the most important challenges a leader faces. To be able to do it, you need to first understand what motivates both yourself and others. This forms the starting point of the module Gain or Drain, which is a part of Stena's leadership program, Ready 4 Anything (R4A), and is designed for all leaders in Stena.

FUTURE FUELS

Sulphur Emission Control Area (SECA) for the Baltic Sea, North Sea and English Channel have allowed emissions of 0.1% sulphur since 2015, which will be decreased to 0.5% by 2020. Last year the IMO decided that the shipping sector needs to halve greenhouse gas emissions by 2050. How do we accomplish this? To get a better grasp on what Stena is working on, we met Per Wimby and Per Stefenson at Stena Teknik.

STENA E-FLEXER

This past January in the city of Weihai in northern China, two ceremonies were held at the shipyard AVIC. From 2016-2018, Stena RoRo placed orders for a total of eight RoPax E-Flexer model ships from this shipyard, and now it was time to launch the first and lay the keel for the third ship in the series.

STENA IMPECCABLE

Roger Olofsson Bagge, father of three and surgeon at Sahlgrenska University Hospital in Gothenburg, had his life-long dream fulfilled when his wife surprised him with a trip on Stena Bulk's tanker ship, the Stena Impeccable.

THE STENA ESTRID

The ceremonial launch of the Stena Estrid was an important milestone in the major investment program that the new productions in China represent. The Stena Estrid is the first in a series of five E-Flexer vessels, which for Stena Line represents the next generation of energy-efficient and flexible RoPax vessels.

REFLECTS BACKWARDS AND FORWARDS

2018 was a lost year. The first three quarters were actually the worst since the 80s, though we saw improvement in the fourth quarter. This was probably the first sign that we are now heading towards a more favourable market.

ROPAX VESSEL IN JAPAN

Stena RoRo has purchased the RoPax-vessel Yamato from the Japanese shipping company Hankyu Ferry. The vessel will be rebuilt at a shipyard in Europe and be fully adapted to European standards, after which it will be chartered out. This process will begin in spring 2020 and is estimated to be in traffic by the summer.

STENA BULK CHOOSES SCRUBBERS

To meet the new directives on sulphur emissions, fuel needs to be changed to low sulphur alternatives, such as liquefied natural gas or methanol. The alternative is to install an emissions purification system known as scrubbers.

A JOINTLY OWNED COMPANY

On Wednesday, February 27, Stena and Glovis signed an agreement that now results in a jointly owned company named Stena Glovis.

PROUD TO LEAD STENA LINE INTO THE FUTURE

2018 was another good year for Stena Line and we continue to deliver on our strategy. This year I am looking forward to increase our focus on our digital transformation, welcome our first E-Flexer vessel and to continue to put our people and our sustainable journey high on the agenda.

SAY HELLO TO STINA

Stena Line aims to become the world's first cognitive ferry company assisted by A.I. But what does it really mean to be cognitive? In this explanation model we show the different levels of cognitivity and how that is translated to one of our most interesting A.I. projects – the chatbot Stina.

YOUNG ARENA

In 2015, a few young people in Bredäng got an idea. They wanted to start an association with the goal of highlighting Bredängs positive role models. Since then things have been progressing at rocket speed. Now they are involved with homework help, safe walks and they have even initiated their own day: The Bredäng Day.

GREATER SECURITY AND MORE JOBS

Stena Fastigheter has entered as the principal partner in "The Community Match". The Community Match is Hammarby football's collective name for the club's contri-butions to the local community, which is to say the match happening outside of the chalked lines.

FIRST PLANT WILL BE BUILT IN COPENHAGEN

When waste is incinerated to produce heat and electricity, ash is also produced. Only in the Nordic countries several hundred thousand tons of incineration ash need to be dealt with every year. Rather than being transported long distances to special landfills, ash can now be treated and deposited at standard local landfills. All thanks to a technique developed by Stena Metall Group's Research & Development Department.

BEST SUPPLIER 2018

Stena Aluminium has been named "Best Supplier of the Year 2018" by Gnutti Carlo Light Metal Division, which owns the aluminium plant Ljunghäll and is one of Stena Aluminium's largest customers.

RECYCLING BATTERIES

Mining equipment, excavators, forklifts, loaders and trucks. The list of different types of vehicles that now run on electricity is constantly expanding. Electric cars and plug-in hybrids will dominate the market by the year 2026.

SUCCESSFUL COLLABORATION

After a successful collaboration, Stena RoRo and Stena IT have developed a Business Intelligence platform that, amongst other functions, analyzes ship movements. The result is significantly less manual work – and a better basis for decision-making.

Dan Sten Olsson

Christmas is a time for reflections and new objectives for all of us. Personally I spent the time to reflect and rework my little white book again. This is the ninth edition and we still need to keep on learning. What is new and hopefully true this time?

FOR SOME THOUGHTS ON THE FUTURE!

18 assistants and coordinators from Stena's Swedish companies participated in the Winter Network meeting on the 23rd of January in Gothenburg, with Nanna Gillberg from Gothenburg University and Per Wimby from Stena Teknik holding lectures.

FIFTH TIME LUCKY...

Is there anything more uniting than an arch rival? When Sweden’s women’s team in the cross-country skiing relay was on the starting line in the World Cup, Sweden had only atained silver in the four most recent World Cup races. Always defeatedby Norway.

NEW GLOBAL HEAD

The new Global Head of Francois Marine and Offshore – NMG’s Marine Supply subsidiary – has taken up his post, completing the Company’s new management team.

ANNUAL REPORT

Profit for the financial year 2017/2018 was MSEK 743 – the best in Stena Metall Group's history.

"I am impressed by the commitment and business acumen that our employees have shown throughout the Group over the past year," says CEO Anders Jansson.

A BRAND WORTH NURTURING

"Caring for Stena's strong brand is without a doubt incredibly important", says Staffan Hultgren, Vice President of Stena AB. "It generates business benefits and large values. Yes, its importance to our ‘bottom line’ is an undoubted fact, and therefore it is also very important that we nurture the brand and use it in such a way that we deliver the value that has been built up over the years", emphasises Staffan.

JOINT CRISIS WORK

Our society is becoming increasingly vulnerable and the risk of being subjected to various types of crises has increased. As a company, it is no longer a question of if you will experience a crisis – but rather when. But by being well prepared, you have a good chance of minimizing the damage. With this in mind, Stena AB has initiated joint crisis work across the entire Group.

STENA DRILLING

The downturn in the oil and gas industry following the 2014 oil price crash had still not passed come December 2017 and as a result, most of Stena Drilling’s fleet remained effected by the downturn. As Christmas approached, only two units in the fleet were operational and in the face of such adversity all eyes turned to new opportunities. On a more positive note, though in last quarter of 2017, enquiries for our fleet began to flood in. In response to this influx each enquiry became a project in itself, such was the significance.

TRITEC MARINE

Tritec Marine – a Northern Marine Group company - has overseen delivery of the first of two new-build RoRo vessels destined for service between Melbourne and Tasmania.

STENA FREIGHTER

Every ship has its own story – but Stena Freighter has a particularly eventful background. From its commission 23 years ago and then its purchase at executive auction via completion in Croatia to
serving on several European routes under Stena Line and Stena RoRo operation to functioning as a
landing pad for space rockets.

PIRATE ATTACK

In the beginning of November, Stena Bulk's ship, Stena Imperial, was on its way from Southeast Asia to Rotterdam for unloading. During its northward voyage through the Red Sea west of Yemen, two smaller boats were discovered approaching the ship.

EMBASSY VISIT

Sweden´s Ambassador to the United States, Karin Olofsdotter visits Stena Bulk Houston.

THE TURNAROUND HAS NOW BEGUN!

In their last interim report, Concordia Maritime noted that their forecast of gradual improvement in the market is now beginning to materialise. CEO Kim Ullman says of the market:

VIENNA AND LONDON

EPCA is the European Petrochemical Conference Association. It’s an annual event that takes place in Berlin every 2nd Year and the year in between it is arranged in various bigger cities in Europe.

THE NEW WEBSITE

At the end of September, Stena Property introduced its new website. The site, which has a new layout and new features, has been developed to provide better service – both for existing and future tenants and home buyers.

PLASTIC RECYCLING

With a new campaign, Stena Recycling is taking a step forward in the discussion about plastic and is sharing its expertise. Simultaneously, the company is helping create a circular flow of soft plastic amongst customers and producers.

Dan Sten Olsson

It is tough to be a profit-driven company, when all our oil-related shipping and offshore drilling activities are creating enormous losses. Nevertheless that is the business we have chosen to be in and huge fluctuations are the natural norm for this type of activities. Our striving over the years to reduce the impact of these fluctuations has only been marginally successful.

CURIOSITY AND IMAGINATION

MERCY SHIPS

For the second year in a row, Stena Line launched a fleet-wide donation campaign to support the charity organisation Mercy Ships. During the month of November, customers on all 38 vessels were encouraged to Round Up for Charity. There were also plenty of additional initiatives from Stena Line employees across the network and in total an impressive SEK 200,000 was raised.

AFRICA MERCY

As a gesture of appreciation for her wonderful engagement for Mercy Ships during last year’s donation campaign, Sarah Scowcroft recently visited the hospital ship Africa Mercy in Guinea to see how the GBP 7,414.96 she and her colleagues helped raised is being used.

MORE TENANTS FEEL SAFE IN TYNNERED

Central Tynnered in Gothenburg is classified by the police as a particularly vulnerable area, but the results of the latest survey among Stena's tenants in the area show that perceived security has increased significantly over the past year. The security index has increased from 58.2 percent to 80.2 percent in one year!

NEW WAYS OF WORKING DELIVER SUCCESS

Stena has a long tradition of entrepreneurship and innovative work, which will continue to be important to develop in the future. In a world where the rate of change is increasingly rapid and where new business opportunities are being created with new technology, companies will need to be good at developing their existing business at the same time as they have the ability to create business opportunities in new business areas with new technology. If we are to be able to successfully handle both, we will need to develop our leadership and ways of working.

STENA LEADERS’ MENU

Using the new training and inspiration forum Stena Leaders’ Menu, leaders and specialists can find inspiration and training courses/programs in a variety of areas. Several new courses/programs that enable leaders and specialists to develop themselves will start up during the autumn.

NEW CEO FOCUSES ON URBAN DEVELOPMENT, NEW BUILDS AND SOCIAL SUSTAINABILITY

On January 1, Cecilia Fasth took up the position of Managing Director and CEO of Stena Fastigheter AB. She has solid experience from the construction and property world and comes most recently from Castellum where she was MD for Region West.

DOMESTIC AWARD SUCCESS

Clyde Travel Management – a Northern Marine Group company - has been awarded Best Large Business Travel Agent in Scotland on the same day the Company’s international operations expanded to the United States.

SPHERE FORUM 2018

STENA SPHERE FORUM 13-16 SEPTEMBER 2018 IN HALMSTAD, SWEDEN

AWARDED FOR RESCUE OPERATION

The award was recently received for professional seamanship and conduct when the Stena Blue Sky conducted a rescue operation. It concerned a fisherman who was rescued from his capsized boat in the waters of North Korea and Japan on October 26, 2017.

STENA METALL OPENED THE OSLO STOCK EXCHANGE

Monday, 3 September, Stena Metall had the honor of ringing the opening bell of the Oslo Stock Exchange. The reason being that Stena Metall Group's green bond had been listed that same day.

SPHERE FORUM - 2018

This year’s Sphere Forum was held at the Stena Nordic Recycling Center in Halmstad – one of the world’s premier recycling facilities. Since the acquisition of the property five years ago, the buildings have been filled with advanced technology that takes recycling to a new level. Today, the Stena Nordic Recycling Center is a game changer in recycling.

READY FOR ANYTHING

Leaders in Stena are responsible for advancing their business, their team and themselves, which requires new skills in a constantly changing world, with new needs and expectations arising both within and outside Stena. The new leadership program, Ready for Anything (R4A), is a step further on the path towards developing Stena leaders’ ability to seize future opportunities. The program is divided into six modules and is designed for leaders and their teams at Stena.

FLEET SAFETY SPECIALISTS

Northern Marine Fleet Safety Specialists converged on Group Head Office in Glasgow recently for a week-long seminar.

MAKE A DIFFERENCE WITH A MOBILE APP

Six summer workers - four weeks - one mission!

This year Stena Fastigheter launched a new summer initiative that challenges youth to undertake innovative projects and carry out their ideas. Gabriella, Ornina, Medra, Bruno, Hanna and Hanna were hired as change agents, with the task of preparing a proposal for a digital solution that would increase security and
comfort for tenants.

FIRST AI-ASSISTED VESSEL

Right now, Stena Line is conducting a pilot study with artificial intelligence on board the Stena Scandinavica. The aim is to reduce fuel consumption and minimise environmental impact.

EUROPRIDE HAPPINESS

From mid-July until early August the pride flag was seen on board Stena Line’s ships and terminals as the company became a proud partner of EuroPride 2018. The grand finale was the EuroPride closing parade in Gothenburg.

Dan Sten Olsson

How to have the courage to challenge – making the best better! Stena is a seventy-nine year old organization surviving foremost by focus on care, results, quality and collaboration. For the future that is not enough.

MENTOR PROGRAM

THIS YEAR'S MENTORING PROGRAM HAS STARTED!

NOMINATED - BEST ANNUAL REPORT

Concordia Maritime was this year once again nominated in the small cap class of Sweden’s best annual report.

ANNUAL SHIPPING SERVICES FORUM

500 delegates from all of London’s shipping cluster, including investors and analysts from around the world, gathered on September 25.

SCHOLARSHIPS FROM CONCORDIA MARITIME

2018 scholarships from Concordia Maritime (Bermuda) Ltd. has been awarded to Lamar Samuels and Anthony Durham Jr. as a support for their maritime studies abroad.

Risks and opportunities in sustainability work

The focus at this spring’s QSE meeting (Quality, Safety & Environment) on 17-18 April was on “Risks and opportunities” where both parts need to be taken into account in order to make sustainability work even better

Managed pressure drilling system

Managing pressure is critical to success in any industry where tight deadlines, complex problems and challenging environments stand between our goals and us. This is precisely true of the offshore drilling industry where the ability to accurately control sub-surface pressures can be the difference between successfully drilling hydrocarbon wells and not. Stena Drilling’s new Managed Pressure Drilling system allows to do just that, providing Clients with a new and innovative means of accessing hydrocarbon reserves that were previously deemed ‘un-drillable’.

NMM India win industry award

Northern Marine Management India (NMMI) has been voted "Best Employer for Tankers" at an Indian national maritime awards ceremony.