The scrap trade is today’s collection of waste paired with environmental management, physical sorting and refining it, other recycling processing satisfying customer requirements and logistics all consolidated in “Stena Metall AB”.

Coastal shipping has been transformed into ferry line shipping, tanker shipping, and deep-water drilling consolidated in “Stena AB”.

Investments in properties have been added and is today our dominant asset, representing roughly a third of the sphere’s total activities.

Society is constantly developing and we would like to contribute with wholly or partially owned activities in addition to our former business areas.

Old or new wholly or partially owned companies/activities founded by ourselves and consolidated in Stena Metall are Stena Oil, Stena Stål, Battery Loop, HaloSep and Scandinavian Renewable Energy (windpower). For Stena AB two ferry routes have become nineteen. The number of ro-ro ships and ferries is over fifty. Two supply vessels have become seven drilling units. Two tankers have developed into a network of fifty vessels.

All these activities are confusingly numerous and of course, we wonder if it is really possible to effectively manage all these companies.

Each company has its own strategy and opportunities. Over time, we have learned that with a well-designed culture and constant collaboration, it is possible to realize most strategies. Our culture is based on collaborative independent individuals with independent responsibilities and powers. Business responsibility is clear and delegated. The information must flow freely and everyone is entitled to all information that can improve that person’s opportunities for a better work performance.

– We want the best for each other

– Also, we are mindful of saving the company’s money because we will not get any new money

But without a good portion of curiosity, our development would not have been possible. Not everyone has to be an Einstein. On the other hand, it is mainly two revolutionary ideas that have made him as unique as to render him the Noble Price twice. Personally, I try to come up with one good idea every year, which is so good that it can be trumpeted out. It is difficult. Try yourself to trumpet one good idea a year – and then we can all implement it together!

The best idea I have come up with is “the meaning of care”.

We are all continuously working on understanding and implementing it.

By being more curious, we will find and create many ideas. Through care, reflection, and courage, and thanks to our principle of delegated authority to act on business opportunities, we can all work together to successfully carry them out.

Dan Sten Olsson, CEO

Göteborg May 2023

Along with many others, she enjoys working in shipping, which is a fast-moving industry where you meet many new people. Nina has sailed and now she is working ashore. Read more about why she chose to work with us.

What did you want to become when you were a kid?

For the most of my childhood I wanted to study maths and physics and I always saw myself as working in a university or in an institute. Even today, after a long time, my maths professors are still sad that I didn’t proceed in that direction, and they are mentioning that every time I meet them.

Why did you choose to work within the shipping industry?

At the time when I was choosing the University I would go to, I had a number of friends that were seafarers. Talking to them and hearing their experiences at the time made me more drawn towards the shipping industry. Also, I saw implementation of math and physics which made me more interested. Once I started sailing on board ships, I knew that I had made the correct choice for myself.

What is your best work-related memory at sea?

Each contract brought something good and I have so many memories from them. But I would say that my last contract on board has left the most memories. During that contract I sailed through Magellan strait several times and the nature and views are just breath-taking!

What is your best work-related memory onshore?

Like on board the vessels, same onshore, every day is a busy day. But I would say that meeting so many wonderful people and making new friendships are the best work-related memories onshore. When I moved to Glasgow, I didn’t know anyone and some of my wonderful colleagues made it so much easier for me by just being there and giving me advice.

Who has been your role model?

My role model in life are my parents. They always told me to study and learn new stuff in life. I admire them for what they have gone through in life to make it easier for me and my sister and I always look upon them and implement what they have taught me.

The latest figures published by the International Chamber of Shipping reveal women make up just 1.2% of the global seafarer workforce. Stena Line has set a target for 30% women managers by 2026, comprising 45% on shore and 10% at sea.

Lina Hestner Fri, Strategic People Manager for Ports & Terminals, explains the challenges: “When you take Ports & Terminals together, 25% of managers are women, but that picture is quite different if we look at Ports alone, where just 9% of managers are women.

“Ports are seen to be traditionally masculine environments,” Lina adds. “My top priority is to increase the number of female managers and Port Operatives.”

One way this is being addressed is through considered succession planning. “We’re looking for the women managers of the future,” Lina explains. “And identifying ways to prepare them, through mentoring, building competencies, broadening experience, and networking.”

The Ports & Terminals Organisation is also keen to attract new people. New partnerships, including one with a UK Armed Forces organisation, will communicate opportunities to women who might find port-based roles appealing.

“I’m also supporting our ports and terminals with Pride celebrations,” Lina says. “I’m a big advocate for D&I, and that goes beyond gender equality. We need to attract people from all minority backgrounds so that we reflect our customers and society.”

It started as a season job, I loved it and stayed.

Delphine Fustec, France
Port Services Manager

Our very diverse team makes learning easier.

Delphine Fustec, France
Port Services Manager

Today I think it’s the best job in the world.

Lina Baldursson, Sweden
Manager Port Experience, Sustainability & Governance

My everyday at Stena Line is exciting and I have to face new challenges daily.

Ewa Janik, Poland
Port Operations Manager

I’m still enjoying my job although my role has changed several times over the years.

Lesley Fletcher, Scotland
Port Duty Manager

I did not choose shipping – I chose the brand Stena Line.

Lina Hestner Fri, Sweden
Strategic People Manager Ports & Terminals

Among others, Dan Sten Olsson, CEO, Stena AB, Per Westling, Managing Director, Stena RoRo, Staffan Stenfelt, General Manager Newbuildings, Stena RoRo and Niclas Mårtensson, CEO, Stena Line attended the trip.

Construction on behalf of Stena RoRo has been ongoing at the yard since 2016 when the first order for four E-Flexer vessels was placed. The order has since been expanded to a total of 12 vessels. To date, nine E-Flexers have been delivered.

“We are very pleased with our long-standing collaboration with the shipyard in Weihai,” says Stena RoRo managing director Per Westling. “Even during the pandemic with all the major difficulties this entailed, production went well, and we managed to keep the stipulated delivery times and the right quality.”

With the recent visit to Weihai, Stena wanted to demonstrate its appreciation for what CMI Jinling has been accomplishing. In connection with a construction project, it is customary to present a gift to the shipyard, preferably one that can benefit the shipyard’s employees.

Among other things, a football pitch has been built at the shipyard site in Weihai, sponsored by Stena RoRo. At the opening of the sports facility, CEO Dan Sten Olsson took the opportunity to make an impressive penalty kick to the delight of those present.

As a symbolic gesture and to symbolize the excellent collaboration between Stena and the shipyard, two plum trees were also planted.

The vessels have been specially designed for Stena Line’s route between Belfast and Heysham on the Irish Sea and therefore have enhanced maneuverability. Stena RoRo is responsible for the contract and construction of the NewMax vessels and delivery is scheduled for 2025.

“These vessels are a further development of our previous cargo ship concepts where focus on sustainability and future-proofing with multi-fuel combustion engines are prioritized,”
says Per Westling, managing director of Stena RoRo.

Both cargo vessels are designed with limited length and shallow draught to suit the special conditions in the narrow port of Heysham.

“This investment shows our dedication to sustainability and our strategy of moving towards new sustainable fuels” says Niclas Mårtensson, CEO Stena Line. “The NewMax vessels will also meet the growing demand from customers, adding significant capacity to allow logistics operators to grow their business in the region.”

The exhibition is based on the meta-study that Stena Fastigheter presented last autumn. Pleasantly enough, it shows that young people have strong faith in the future. By portraying young people’s aspirations, Stena Fastigheter wants to inspire others – both individuals and businesses – to see the potential of young people and invest in them.

“In the exhibit, young people’s faith in the future is given a voice, while using the exhibit as a tool to make new connections, strengthen existing collaboration and create new initiatives that help strengthen young people’s opportunities in life,” says Cecilia Fredholm Vaarning, who heads Stena Fastigheter’s section for sustainable operations.

About 15,000 young people live in Stena Fastigheter neighborhoods. Central to the company’s work with social sustainability (relationship management) is to help young people in fulfilling their potential through initiatives in the focus areas of school, work and leisure. The exhibit is a major communicative venture, with the company testing new formats to strengthen its work with young people.

COLLABORATION WITH JOHAN BÄVMAN

Stena Fastigheter has created the exhibit in collaboration with award-winning photographer and filmmaker Johan Bävman, who has toured much of the world with his exhibit Swedish Dads, portraying Swedish fathers during their parental leave.

What did you learn from your work on the exhibit? 

“That we adults must have much greater faith in our offspring and their abilities. Our responsibility is to listen to them, take them seriously and take responsibility for creating the conditions and tools for them to create an existence that gives them security and opportunities to achieve their dreams.”

What has surprised you?

“The wisdom of their thoughts about the times we live in and that they are all skilled at explaining and putting their feelings into words. But also, that they are far more hopeful than what usually emerges when reading about today’s young. I feel empowered to hear how they reason about their own future as well as society at large.”

BACKGROUND

On behalf of Stena Fastigheter, Quattroporte conducted a meta-study on young people’s faith in the future. They have gone through more than 50 published scientific articles on faith in
the future, young people and urban development, over 1 million interviews in raw data format and big data consisting of 3 billion pages on the internet. The study shows that young people have strong faith in the future. And faith in the future is strong, regardless of socio-economic background, ethnicity or gender.

To remain competitive, we must work towards a diverse and inclusive workplace that reflects the society in which we operate,” says Kristofer Sundsgård, CEO of Stena Metall Group.

Stena Metall Group has developed a common people strategy and five strategic areas with clear goals. One of these strategic areas involves offering a creative and inspiring work environment where care and inclusion are the drivers. To support this work, the companies within the Group have jointly developed a ’Stena Metall Group approach to diversity and inclusion’ that emphasizes the importance of diversity and inclusion and how the Group will work proactively on these issues.

“Proactive diversity work is a prerequisite for ensuring competition, attractiveness, innovation, and profitability. We also notice that it is increasingly requested in procurements, which makes it directly business critical,” says Sofia Böhmfeld, HR specialist, Employee Care at Stena Recycling AB.

ACTIVITIES IN 2023

Activities that have been initiated in 2023 include:

Cross-functional group:

A cross-functional Diversity and Inclusion group has been set up with employees in different roles from the entire Stena Metall Group to create commitment and involvement on a broad front. The goal is to create a group that engages the entire organization, captures ideas and perspectives on diversity and inclusion, and focuses on activities.

“Anyone interested in joining the group was welcome to apply. Interest was high and we have had people from different companies, roles, and countries. We are only in the start-up phase with the working group, but we are excited to see what it can achieve,” says Jenny Janevik, HR Manager Stena Metall Group.

Awareness Webinar:

In January, an eight-part webinar series on Diversity and Inclusion was launched. Topics covered include what and why diversity and inclusion are important, inclusion in everyday life, and how norms and bias affect us all. The series is carried out together with Mitt Liv – Stena Metall Group’s strategic partner in diversity and inclusion issues – and aims to increase competence in the issues and create commitment and ownership throughout the organization. The webinar is offered in Swedish and English and is recorded to enable all employees to participate in the activity.

“The webinar has a clear link to Stena Metall Group’s values and focuses on what individual employees can do to contribute. Each webinar ends with discussion questions in small groups with a focus on ’it starts with me’. There has been great interest in the initial webinars where several hundred employees from the entire Group have participated,” says Heidi Borgen, Head of
People & Culture, Stena Recycling Norway.

“Coming EU regulation, combined with the increasing electrification of vehicles and other products means that there is huge pressure to find solutions to recycle vehicle batteries and create circular value chains. This investment will give Stena Recycling a key role in the process of electrifying the automotive industry,” says Marcus Martinsson, Product Area Manager Batteries at Stena Recycling Group. 

The new plant has an initial yearly recycling capacity of 10,000 tons and will handle battery material collected and pre-treated in all Stena Recycling’s existing facilities and processes in Sweden, Denmark, Poland, Finland, Norway, Germany and in Italy. 

“We are prepared to scale up our battery recycling capacity as the market grows. Within ten years we expect to handle at least five to ten times higher volume than what we can handle with our new facility,” adds Marcus Martinsson. 

EVENT

The inauguration was attended by customers, partners, journalists, academia, politicians, and representatives from trade organizations. 270 external guests were present on site, and nearly 800 people watched the event online. Dan Sten Olsson was present and pressed the button to officially inaugurate the facility

The event included a panel discussion, where Kristofer Sundsgård, President and CEO of Stena Metall Group, and experts from Mobility Sweden, The European Battery Alliance, and Volvo Cars participated and discussed the future of battery recycling and what is needed to accelerate the transition to a circular economy

“The electrification of society has only just begun, and we want to boost a circular approach to battery production. Cooperation between industry players will be essential for a successful green transition.We are ready to develop and cultivate our co-operation with the complete value chain from battery producers, equipment manufacturers, to the electric vehicle industry to ensure a circular material flow, meet the demands of the market and regulators, and contribute to a more sustainable future,“ says Kristofer Sundsgård, President and CEO of Stena Metall Group.

2021 Stena Recycling received SEK 70.7 million in funding from the Swedish Energy Agency for building the new facility

The Anglesey Freeport is a partnership between Isle of Anglesey County Council and Stena Line, supported by a number of other stakeholders. This consortium, driven by a shared goal to deliver prosperity to North Wales, submitted a bid to the UK Government in November 2022, outlining a roadmap to deliver greater trade and investment for the area and the wider UK.

Freeports are specially designated areas within the UK’s borders where different economic regulations apply. The success of the Anglesey Freeport bid means that the area will now benefit from simplified customs and trade rules, enabling it to provide greater incentives for investment and trade. In future, goods entering Anglesey Freeport will not be subject to the UK’s usual tax and customs regime.

GOOD NEWS FOR HAULIERS

The announcement of the bid’s success, which was made at the end of March 2023, signals the start of a process to regenerate the GB land bridge, which has suffered a 20% reduction in trade since Brexit. The Freeport will reduce the need for hauliers to transit goods around the southern tip of the UK, a process which is both environmentally damaging and economically inefficient.

UK Prime Minister Rishi Sunak, who visited the Port of Holyhead along with First Minister of Wales Mark Drakeford, described the Freeport as an opportunity to “turbo charge” economic growth in Wales.

A BOOST FOR THE REGION

Ian Hampton, Chair of the Anglesey Freeport Board, says: “This is a significant achievement for the region, and it is an excellent opportunity to drive forward sustainable economic growth, green energy, jobs, and skills. We are delighted for the people of Anglesey and North Wales, and excited about the positive commercial prospects that can be turned into a reality.”

Research suggests that the Anglesey Freeport could:

• create up to 13,000 high-skilled, high-wage jobs for local people over 15 years;
• increase UK GDP by £1 billion by 2030, stimulated by business investment in R&D, servicing the supply chain of new green technologies;
• increase manufacturing output across North Wales while working in partnership with world-class educational institutions and supporting the upskilling of communities across North Wales.

Dylan J. Williams, Chief Executive of Isle of Anglesey County Council, says: “It will stimulate significant long-term job creation for local people as well as wider socio-
economic benefits and supply chain developments. This will help keep our young people in their local communities, preserving our island’s unique character, culture and the Welsh language.”

DRIVING SUSTAINABLE DEVELOPMENT

The Freeport will accelerate the take up of sustainable energy production by building on existing industry-leading net-zero initiatives on Anglesey’s coastline, and aims to attract £1.4 billion worth of investment in the green energy sector. It will also bolster the County Council’s existing Energy Island Programme, which aims to see the Island become a hub for low-carbon energy research and development, innovation production and servicing.

The Anglesey Freeport will extend 45km from Holyhead Port, covering the whole Isle of Anglesey, with four zones designated as tax or customs sites. The proposed sites are Holyhead Port (including the former Anglesey Aluminium site and deep-water jetty), Parc Cybi, Rhosgoch, and M-Sparc Science Parc.

THE JOURNEY AHEAD

“This announcement presents an enormous economic opportunity and we look forward to working with the Welsh and UK Governments,” says Ian Hampton. “Work now begins to ensure that we are capitalising on the unique tax and customs arrangements gained through freeport status, to transform Anglesey into a centre for global trading excellence, and realise its potential as a world-leading economic powerhouse by facilitating trade across Wales, the rest of the UK, and internationally.”

More information about Anglesey Freeport

The UK Government’s announcement.

Lifting power: 150 tonnes

Hub height: 200m

Less sensitive to wind – increases safety and keeps the operation going despite harsh weather

75% less transports

75% less CO2 emissions

Reduced installation and service time

100% powered by electricity or hybrid

www.skyrex.com

When the business started in the late 1880s, it was to support an emerging Swedish wood industry by transporting goods to the UK. Then, as demand for oil increased in the 1920s, the focus shifted to tanker transport. As the oil industry has evolved, and the number of oil fractions has increased and requirements have become more stringent, Concordia Maritime’s operations have also continued to develop.

To mark the 135th anniversary, the book Över älven och ut på världshaven (Over the river and into the oceans) came out in spring 2023. The book, written by Krister Bång, Rickard Sahlsten and Thomas Taro Lennerfors, is published by Breakwater Publishing.

Owned by new client Mundus Prime, the DP3 class MVP Everest can be utilised to support multiple offshore activities including saturation and air diving, ROV support, subsea construction, cable installation, trenching and Arctic and Antarctic research.

The vessel will receive full technical and crewing management from Northern Marine Ship Management (NMSM).

Mundus Prime have also entrusted NMSM with the management of two anchor handling tug supply vessels Duke II and Mustang.

Anchor handling tugs are normally utilised to handle anchors for oil rigs, tow them to location and to assist in securing rigs in place. They can also undertake supply duties as well as traditional ocean towage contracts.

The tug vessels arrive into management almost exactly 40 years after Northern Marine first provided management services for an anchor handler, which at the time in 1983 was the first vessel supplied by an external, non-Stena client.

Mike Inglis, General Manager, NMSM said: “At Northern Marine we have a breadth of experience and technical know-how in offshore, oil & gas operations and we are pleased and privileged to be able to ensure the safe and effective operations for these three vessels for our new client.

“The MPV Everest is unlike any other vessel under Northern Marine’s management today and can operate in the most extreme climates including both the Artic and Antarctic Polar Regions.

“We shall aim to deliver the highest quality services and strive to ensure both operational and safety performance is above and beyond the standard required by our client.”

As well as full technical and crewing management provided by NMSM, Francois Offshore Catering are providing onboard services to crew, and Clyde Travel Management are providing services to the client’s onshore and offshore employees, which includes non-operational project crew.

*ROV (Remotely Operated Underwater Vehicle)

The rapid pace of change in the world around us means that we all need to stay constantly updated and learn new things, often without knowing exactly what will be needed. Doing so requires energy, strength, courage and curiosity – a growth mindset.

“The goal of the new learning page is to inspire more people to learn more and find new ways of honing their skills and to have fun along the way,” says Maria Holmberg, Director of People & Organizational Excellence, Stena AB.

Learning at Stena is divided into three main branches: Develop yourself, Develop your leadership skills and Care is sharing knowledge. The first two categories include bookable courses and academic programs in leadership, facilitation and languages, to name a few examples.

“A simplified booking system means that you get the booking in your calendar immediately after registration, something that has been requested for our courses for quite some time,” says Ida Lööv, Business Transformation Manager, Stena AB.

Care is sharing knowledge means that learning doesn’t always have to mean taking a course. Learning can also take place on a day-to-day basis as we gain knowledge in different forms, such as reading an interesting article, listening to a good podcast, etc.

“It is also an opportunity for different companies within Stena to share knowledge,” says Ida Lööv. “Stena Teknik has created a single page for sharing their initiatives for learning. We are also in discussion with other companies and units within the group that are looking at similar arrangements. Co-creation is a very important aspect of Learning at Stena.”

Launched in the autumn in collaboration with Stena Group IT, the new learning page was updated in the spring and will be continuously enhanced.

“The excellent collaboration with Stena Group IT is in itself a good example of valuable co-creation,” says Ida Lööv. “We’re already seeing that many people have found the new page and we will continue to develop it on a regular basis. But above all, we want to make Learning at Stena the place where we jointly co-create content to contribute to increased learning.”

Feel free to contact us with your feedback at:
learning@stena.com

AI IS ON EVERYONE’S LIPS THESE DAYS. HOW DOES STENA FASTIGHETER WORK WITH AI?

Even now, AI is used to control district heating for our properties. With the help of the algorithm, which learns how the building behaves and takes into account the upcoming weather forecast, heating is automatically controlled more precisely according to future conditions.

We are also exploring AI as a solution for optimal use of various energy sources, based on current supply and demand in the buildings and in the energy market.

During the spring, we are also conducting a hackathon with our employees to identify other areas where AI technology can further
develop our operations.

IN YOUR ROLE. DO YOU HAVE SOMETHING YOU ARE PARTICULARLY PROUD AND HAPPY ABOUT JUST NOW?

Most recently, the rapid introduction of AI for district heating, which gives our tenants more consistent indoor temperatures and thus increased comfort. We in turn, are reducing consumption and thus costs and our carbon footprint. It really is a triple-win solution that benefits our tenants, our operations as well as the environment.

WHAT ARE THE BIGGEST CHALLENGES WHEN IT COMES TO WORKING WITH THE DIGITAL TRANSFORMATION?

One of them is to develop – in an ever-changing world – easy-to-use, well-integrated and flexible systems that are at the same time robust and protected against the growing cyber threat.