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Stena Bulk prepares for a reorganisation

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Dry Bulk,

Stena Bulk is reorganising its business activities into three business areas: Crude & Fuel, Products & Chemicals and LNG, and has appointed two new Managing Directors. At the same time, its business activities previously conducted under the name of Stena Weco are being coordinated and incorporated into Stena Bulk. Additionally, a new office in Copenhagen will be opened in the next few days. As a result, the company will leave its office in Rungsted, Denmark, which until now has been used by Stena Weco.

“This is a natural transition from the old structure to the new one where we now have total control over our business involving product and chemicals transportation in the MR segment. This and other adjustments will result in a clearer structure as regards our business and organisation,” said Erik Hånell, President and CEO, Stena Bulk.

Mats Karlsson has been appointed Managing Director of Crude & Fuel and Johnny Schmolker has been appointed Managing Director of Products & Chemicals.

“After many years working with, among other things, the creation and development of the successful Sonangol pool, I am looking forward to taking greater responsibility in this business area”, said Mats Karlsson, Managing Director, Crude & Fuel.

“I have held a leading position at Stena Weco since it was started up 6.5 years ago and I am happy to have a key role in the incorporation of the two companies’ business into a single business”, said Schmolker. 

In other changes, Johan Jävert has been appointed as Vice President of Commercial Operations, and Sofia Eriksson is to take on the position of General Manager, Business Control, WW. Björn Stignor continues as Managing Director of Golden Stena Weco in Singapore as does Göran Hermansson as General Manager of the business area LNG.

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