Tanker

Concordia results confirm product tanker recovery

Concordia Maritime has published its interim report for the first quarter of 2019, which shows significant progress and profit. If competitors confirm this notion in the coming weeks, it will mean a radical turnaround.
Kim Ullmann, CEO of Concordia Maritime. | Photo: Concordia Maritime
Kim Ullmann, CEO of Concordia Maritime. | Photo: Concordia Maritime
by CHRISTIAN CARLSEN

Sweden's Concordia Maritime and its CEO, Kim Ullmann, have more than once predicted a tanker market upturn following a 2018 that made dents in several product tanker operators. And now, Concordia Maritime is backing up its proclamations of better times to come with results and concrete figures.

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