Q&A · 1:49:24-1:49:59

Replacing the chartered Stena Immaculate

Another tanker could replace the chartered Stena Immaculate temporarily, while the owner considers whether new construction is financially justified.

Question

With Stena Immaculate out of commission, would a replacement be built or would operators wait for repairs?

Short answer

Another tanker could be hired. Whether the owner orders a new ship depends on its finances and how urgently it needs replacement capacity.

Notes

Stena Immaculate was hired, so another tanker could be chartered while she was unavailable. The owner faces a separate financial decision about whether the missing capacity needs to be replaced immediately. A new-build tender for a similarly sized vessel and a temporary charter are both possible responses. The urgency of replacing the ship depends on the company's need for that capacity.