Stream Pacific delivered

The fourth newbuilding from Fukuoka, M/T Stream Pacific was delivered to our subsidiary Stream Shipping AS on 18th of June 2019. The vessel is the last in a series of four newbuildings from Fukuoka Shipbuilding in Japan. The vessels have eco-design hulls and combined with modern efficient engines will give substantial fuel reductions.

Utkilen AS is a fully integrated shipping company with headquarters in Bergen, Norway. The company was founded in 1967 and owns and operates 17 ice-class chemical tankers ranging from around 6,000 to 20,000 dwt. in size in our core market in Northern-Europe. In this segment, we have four highly advanced and environmentally friendly 10,000 dwt. newbuilding with stainless steel cargo tanks on order from a shipyard in China with deliveries in 2019 and 2020. Utkilen is one of the major seaway transporting companies of chemicals and other bulk liquid cargoes in Northern Europe.

Furthermore, Utkilen owns and operates four modern 20,000 dwt. stainless steel vessels built in 2018 and 2019 in global trade under our Stream brand.