ShippingWatch

Stena: Oil plunge shielded costly sulfur requirements just in time

Shipping must prepare for more regulation in upcoming years, but legislation needs to be made intelligently, says Stena's executive management in an interview with ShippingWath. Sulfur requirements could have caused big problems, but the oil price shielded carriers from the impact in 2015.

Photo: Stena Line

GOTHENBURG

The shipping industry might as well get used to it. Recent years have already proven it and in coming years it will only increase. The industry must develop through regulation, and that is just the way it is, says Carl-Johan Hagman, CEO of the Stena division Shipping, Drilling & Ferries, which consists of carriers including Stena RoRo and Stena Line, when ShippingWatch visited the offices in Gothenburg.

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