Stena Line and the Gothenburg Port Authority have signed a memorandum of understanding which means that the parties will work actively together to find a new location for the ferry company's terminals and operations in the outer port area Arendal. The ambition is to be able to both strengthen Gothenburg as a sustainable Nordic freight hub as well as the common vision of sustainable shipping, and to also go hand in hand with the city’s plans to develop a denser mixed-use city along the river banks. The idea is that Stena Line will be able to enter into a 25-year lease agreement in Arendal no later than 1 January 2027.Stena Line, the City of Gothenburg and the Gothenburg Port Authority have had a close collaboration for many years. The agreement for the sites where the Stena Line terminals are located today have previously been extended to 2035. The agreements have, however, taken into account an earlier relocation if this would be required by urban development and this has now been actualized as a result of the city’s decision to build the Lindholmen-connection tunnel in the Göta Älv river.