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Concordia Maritime in new fleet expansion

The listed tanker carrier has signed two new charter contracts which, according to CEO Kim Ullman, confirm the carrier's positive outlook for the product tanker market from mid-2018.

Stena-controlled tanker carrier Concordia Maritime, listed in Stockholm, is reiterating its faith in a stronger oil product market in 2018 with a series of new contracts.

The carrier has signed a contract for a so-called IMO2/3 MR, a newbuild chartered into the fleet from late January for a two-year period, with various extension options. Another MR charter contract is extended by a year after it expired in November, informs Concordia Maritime in a press release.

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