Business, Freight News, Road, Sea

Stena looks east

[ March 12, 2013   //   ]

European ferry operator Stena Line is branching out into the Far Eastern market with its first Asian route between Sokcho in South Korea and the Russian ports of Zarubino and Vladivostok through its Stena International Freight arm. The route will initially be serviced by one ship, the RoPax ferry M/V New Blue Ocean, which can carry 1,400 metres of trucks, trailers and containers as well as 750 passengers. She will make two scheduled trips a week between Sokcho and Zarubino and one between Sokcho and Vladivostok – the latter port being the terminus of the transiberian railway from Moscow and Europe.

Hans Nilsson, CEO, Stena International Freight said the business model that will be applied in Asia resembles the one Stena Line uses in Europe and the Baltics, with a combination of both freight and passenger traffic.
The new service will be operated under the Stena Daea Line nsame, 90% owned by Stena Line and 10% by Daea. Around 30 people will be employed in the joint company, which will be based in Sokcho and Seoul, South Korea.

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