Stena Line methanol project shortlisted for Global Freight Awards
Stena Line has been shortlisted in two categories for this year’s prestigious Global Freight Awards run in association with Lloyds List, the company said in its press release.
Europe’s leading ferry company has been shortlisted in the categories of Environment Award and Product Innovation Award for the innovative work it is doing with methanol powered vessels. The winners will be announced at a gala dinner in London on 3rd November.
The main objective of the Stena Methanol pilot project is to develop a pragmatic, cost-effective and green alternative to comply with the sulphur emission reduction targets in designated SECA areas and later globally. The alternatives available for ship-owners to comply with these and other future regulations are limited so the interest in this initiative is significant across the world.
The Stena methanol project has received funding support from EU’s TEN-T, Motorways of the Sea initiative, and is carried out in partnership with Methanex, Wärtsilä, the Port of Kiel and the Port of Gothenburg.
About Stena Line
Stena Line is one of the world's largest ferry operators with 35 ferries and 22 routes in northern Europe. Stena Line is developing new intermodal freight solutions by combining transport by rail, road and sea and it is an important part of the European logistics network. The company is family-owned, was founded 1962 and the head office is located in Gothenburg. Stena Line is part of the Stena Sphere, which has around 20.500 employees and a turnover of SEK 54 billion.
