Tanker

Concordia reduces loss after prospect of better rates

Swedish product tanker operator Concordia Maritime halved its loss on the bottom line during the latest quarter. CEO Kim Ullman is pleased that the tanker market has finally gained momentum.
Photo: PR/Concordia Maritime
Photo: PR/Concordia Maritime
BY TRINE VESTERGAARD

"So it finally happened," begins the quarterly report from Swedish Concordia Maritime.

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