Stena ribbon
Investing billions takes ferry travel to a new level

Stena Line is currently making very large investments on strategically important routes. The world’s largest ferries will be introduced during the summer and autumn of this year on the Hook of Holland-Harwich route. The very modern Stena Hollandica and Stena Britannica will be transferred to the Gothenburg-Kiel route, where they will replace the existing four vessels that currently service Gothenburg-Germany. The vessels Stena Germanica and Stena Scandinavica will be upgraded and moved to Karlskrona-Gdynia. The total value of the investment, including the construction of the Superferries, amounts to slightly more than 8 billion Swedish kronor, where the investment in vessels alone totals 5 billion Swedish kronor.

Just over two years ago, the construction of two Superferries started in the shipyard in Wismar, Germany, and in May it will be time for the first ferry to be taken into service between Hook of Holland and Harwich.

"We are the leader when it comes to vessel development and it is an exceptionally exciting year we have in front of us. We are implementing three very large investments on strategically important routes. We are convinces that this will provide very good services for our customers and will be something that stimulates both travel and freight on our routes," says Gunnar Blomdahl, CEO for Stena Lines.

The two Superferries, under construction in Wismar, are groundbreaking, with their size, their onboard environments, energy efficiency, loading capacity and effective loading and unloading options. The first Superferry will be delivered to the Hook of Holland – Harwich route in May and the second in the autumn.

In connection with the vessel change on the Hook of Holland – Harwich route, there will be a positive domino effect, which will give the Scandinavian operations a lift, since the Gothenburg-Kiel route as well as the Karlskrona-Gdynia, will receive larger and more modern vessels. The change means that the Gotheburg-Kiel route will be merged with Gothenburg-Travemünde, as two vessels will replace the four ferries that currently travel between

Gothenburg and Germany. The greater size of the new vessels, compared to the old ones, will lead to preserved total load capacity and clear environmental gains, for example, the CO2 emissions will be reduced by approx. 30%.

“We are investing in order to become more efficient and more competitive. All routes will get new and improved vessels with more attractive restaurants, cabins, bars and other exciting experiences. The new vessels allow us to offer a wider range of services and better service in both of our business areas," says Gunnar Blomdahl.

Facts on the ship transfer:
The current Stena Hollandica and Stena Britannica, which today service the Hook of Holland-Harwich route, will be transferred successively, as the Superferries are delivered, to the Gothenburg-Kiel route, to replace the ferries Stena Germanica and Stena Scandinavica. As this happens, Stena Germanica and Stena Scandinavica will be moved on to the Karlskrona - Gdynia route, where they will replace Stena Baltica and the chartered Finnarrow.

Stena Line, Gothenburg, March 9 2010

For more information, contact Stena Line's CEO Gunnar Blomdahl, 031-85 83 20 or Communications Director Joakim Kenndal by telephone 031-85 81 80 or 0704-85 85 55.