Concordia Maritime in new deficit: Things will be better in 3-6 months

One of the Stena Group's tanker carriers, Concordia Maritime, finished the third quarter with a large deficit. CEO Kim Ullman stresses that the markets have been strained for a year and a half, but that things should get better a few months from now.

Photo: Stena AB

Concordia Maritime has been feeling the strain on product tanker, which has characterized the market since mid-2016.

But there are better days ahead, projects CEO Kim Ullman.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk unveils design of methanol vessels

For five years, Maersk has been working on developing a new vessel design, which can increase the energy efficiency of its fleet by 20 percent. The first eight vessels are planned to sail on green methanol from 2024.

Further reading

Related articles

Latest news

See all jobs