An overview of the Stena-sphere: Stena AB, Stena Sessan AB, and Stena Metall AB. Presentation created for International Business course in my MBA program.
2. 1939 Sten A Olsson starts trading in steel, iron, scrap
metal and metal products (the basis for the current
Stena Metal)
1946 First cargo vessel in operation
1963 Stena Line founded and Stena's characteristic
logo born
1967 Ferry traffic expands with Göteborg-Kiel route
1972 The terminal at Masthuggskajen is completed.
The business is divided into three: Shipping, Ferry
lines and Scrap metal
1973-1995 Mergers and Acquisitions help grow
business, 1988 listed on stock exchange
Timeline
3. 2001 Stena Line becomes wholly-owned
2005 Stena DrillMAX I ordered
2006 Stena Long Term Equity founded
2007 Stena Renewable founded
2009 Third DrillMAX delivered. First Suezmax tanker
ordered
2010 Superferries delivered. Ferry traffic to Germany
concentrated to Kiel
2012 Stena LNG is founded. Stena International Freight
founded to focus on exploring new markets in the RoRo
and the RoPax segments. Stena IceMax, the world’s first
dynamically positioned, dual mast ice-class +1A1 drillship
delivered.
Timeline, Continued
4. The Stena sphere consists of the three parent
companies, Stena AB, Stena Sessan AB and Stena
Metall AB
Wholly owned by the Olsson famly
Revenue in 2013 was approximately $9.3 Billion USD
20000 Employees
175 Vessels
Stena Today
5. Customer Satisfaction
Quality
Committed to People
Innovation: 46MPH ferrry
Results
Stena Cares
Values
13. Posted profits every year since 1939.
Satisfaction by their employees in their annual survey
Quality and safety efforts have also resulted in not
having a single oil
Stance on Sustainability: Ocean Health. This is the
first organization of its kind, which measures the
present state of the sea in several different areas.
Strengths
14. Stena entered into the LNG (Natural Gas) market in
2011, huge growing market. However, building the
necessary infrastructure is both expensive and time-
consuming.
Extreme competition among Ferry operators. limited
number of routes.
European growth is lagging behind other counties.
Weaknesses
15. the total volume of freight transported has increased
to 1.8 times global GDP during the past 20 years
despite large increases in the price of oil.
Profitable new routes to the Baltic countries are an
important venue for expansion. the Black Sea and a
newly opened route between South Korea and the
Vladivostock/Hunchun area, also open up future
opportunities.
Opportunities