Advantages of Pool Participation
Risk Management – With market volatility, a pool participant’s shipping risk is spread across the entire pool fleet, thus greatly reducing the fluctuations that come with a fast-changing market.
Market Intelligence – Through their resources to obtain market data, Stena Sonangol is able to quickly assess current market conditions and in turn make quick effective decisions.
Cargo Access – Stena Sonangol has continuously developed and maintained close customer relationships. This has helped to establish cargo agreements allowing for high utilization of the fleet.
Ship Access – For a cargo owner a ship put in the Pool gives access to the whole Pool fleet.
Worldwide Coverage – With offices in Houston, Gothenburg, London, Singapore, Luanda, Moscow and Beijing, Stena Bulk and Sonangol can provide the Pool with global resources and support.
Superior Service – Pool participants are able to utilize Stena Bulk’s commercial expertise and can feel confident that their ships are being traded and operated with high standards and in the owner’s best interest of reaching each ship’s earning potential.
Website Portal – All Pool participants have “secured” access to Pool data that is constantly updated and provides an instant macro view of current accounting information, market positions, earnings results and much more. Participants will be able to export their ship details to use for their in-house reporting requirements.